Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).


For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.


In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.


We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.


We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.


If you want more information or have any questions or comments relating to our privacy policy please email [email protected] in the first instance.

 Information  X 
Enter a valid email address

Xansa PLC (XAN)

  Print      Mail a friend

Wednesday 30 March, 2005

Xansa PLC

Re Joint Venture

Xansa PLC
30 March 2005

30 March 2005

   NHS Shared Business Services Joint Venture between Xansa and Department of
  Health to commence on 1 April 2005    with 47 NHS organisations

Xansa, the outsourcing and technology company is pleased to announce that the
Joint Venture (JV) established with the Department of Health (DH) will commence
on 1 April 2005. Since the announcement of the formation of the JV on 22
November 2004, 11 new organisations have already signed up, making a total of 47
organisations being serviced. Today, 30 March 2005, Sir Nigel Crisp, Chief
Executive of the NHS, will be visiting Leeds to launch the JV, to be known as
NHS Shared Business Services (NHS SBS).

In a ground breaking initiative, the 50:50 JV, the first ever established
between the private sector and the DH, will provide Finance and Accounting (F&A)
services to NHS organisations.  The JV will offer NHS organisations the benefits
of guaranteed cost savings, reduced capital expenditure and "best in class"
services, whilst enabling some £224m to be reinvested into front line patient
care - equivalent to the annual salaries of 3,000 GPs or 12,000 nurses.  It is
seen by the DH as a key component in its response to the Efficiency Review by
Sir Peter Gershon.

Around 230 staff based in the existing Shared Financial Services Centres in
Leeds and Bristol will transfer to Xansa on 1 April 2005. The software to run
financial transaction processing and e-commerce for the NHS will be provided by
Oracle, the world's largest enterprise software company. Under the Joint Venture
agreement, Oracle Financials 11i will be available to all NHS Trusts.

Currently, NHS SBS is in active discussion with a number of the 28 Strategic
Health Authorities, which represent around 560 NHS organisations, for the
transfer of the majority of their financial transaction processing to NHS SBS.
Additionally, NHS SBS is in discussions for the transfer of payroll services
and, if successful, this would allow NHS SBS to offer managed payroll services
in addition to F&A services.

Commenting on the announcement, Richard Douglas, Director of Finance and
Investment, Department of Health said

"NHS Shared Business Services is all about freeing up funds for frontline care.
We're determined to ensure that NHS money is spent doing more of what we are
here for - providing services to our patients.  Essential though effective
administration is to any business, we want the focus of our funding and
expertise to be on frontline care.  That's why I'm particularly pleased with
this joint venture with Xansa - the Department of Health is demonstrating its
commitment to modernising finance operations while also diverting money to
patient care."

Commenting on the announcement, Alistair Cox, Chief Executive, Xansa said

"NHS Shared Business Services is an example of how the public and private
sectors can work together to free up resources for vital frontline services.  We
are able to supply NHS organisations with support on a wide variety of expert
financial services.   Xansa is committed to increasing the amount of work we do
with public sector bodies so that they can generate real cash savings and do
more to meet the needs of the people they serve."



Steve Stratton                                Lee Bailey
Investor Relations Director, Xansa            Press Office, Department of Health
Tel : +44 (0) 8702 416181                     Tel +44 (0)20 7210 5010
Email : [email protected]

Giles Sanderson, James Melville-Ross          Sally Robins
Financial Dynamics                            Marketing Director, NHS SBS
Tel : +44 (0)20 7831 3113                     Tel : +44 (0) 8702 416181
                                              Email : [email protected]

About Department of Health

A full description of the DH, including its aims, objectives and major
initiatives can be found at

About Xansa

Xansa is an outsourcing and technology company. Committed to delivering
guaranteed business outcomes through a combination of technology and process
expertise, Xansa gives its clients the freedom to do more with their business.
Strong relationships, commercial innovation and an integrated Indian delivery
capability ensure that Xansa drive real and long-term cost reductions,
performance improvements and new ways of working tailored to each client. The
services Xansa provide are Business and Technology Consulting, IT
Implementation, IT Outsourcing and Business Process Outsourcing. Based in
Reading, Berkshire, Xansa is listed on the London Stock Exchange (LSE:XAN) and
has over 6400 people in the UK and India.

                      This information is provided by RNS
            The company news service from the London Stock Exchange

a d v e r t i s e m e n t