Mr. Thomas Reilly

Chief Executive Officer, Next Horizon, China

Member of the Business Services Council

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Council Member Biography

Thomas Reilly is Chief Executive Officer of Next Horizon, a China-based outsourcing firm. He is responsible for establishing the first offshore finance and accounting services firm in China in 1999. This multi-client center now provides real time remote support to companies in Europe, Asia, Australia, and the Americas. Mr. Reilly's work has been profiled by BusinessWeek, The Wall Street Journal, Outsourcing News, The Economist, China Daily, CFO Asia, Times of India, Australian Financial Review, Reuters, as well as industry whitepapers and analyst reports. Previously, Mr. Reilly was Chief Executive Officer of Capgemini Business Services Asia, a business process outsourcing company, where he focused on implementing financial service centers for clients in the United States. Mr. Reilly has worked on some of the most groundbreaking outsourcing deals in the Americas, Europe, and Asia Pacific. He has lived and worked in China since 1998. (This is me - Update Profile)

Employment History

2007 - Unspecified: Chief Executive Officer, Next Horizon, China
2004 - 2007: Chief Executive Officer, CAPGEMINI (CHINA) CO., LTD.
2001 - 2004: Chief Operating Officer, OneResource Group
1994 - 2001: Various to Director, ERNST & YOUNG LLP

GLG News^SM Analyses by Thomas Reilly

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Expect More to Come - Acquisition of "Captive" Client Centers by BPO Players

November 5, 2009

Analysis of:Cognizant buys UBS back office provider for $75 mln | www.reuters.com

Cognizant acquired UBS’ Indian Subsidiary for $75 million - the former supports UBS around the globe with Knowledge Process Outsourcing (KPO), Business Process Outsourcing (BPO) and IT Outsourcing (ITO) and employs 2,000 people in India.As part of the deal, UBS signed a 5 year $442 million service agreement with Cognizant.This "Captive Spin-Off" Approach is tried and true approach in outsourcing and a large number of similar transactions are currently in progress around the world.

Next Big Thing - Service Outsourcing In China

October 31, 2009

Analysis of:China Will Sustain Growth Rebound, Central Bank Says | www.bloomberg.com

The next push by the government is "Service Outsourcing" which aims to:1) Make use of the boom in white collar labor - University graduates in China ballooned from 600k per year in 1998 to more than 7.5 MM in 2009;2) Increase competitiveness and transparancy by encouraging use of third-party outsourcers for Chinese businesses and government agencies;3) Limit dependency on manufacturing to power the economy - billed as a "green initiative" but also developing a "Service Economy" of 300 MM people.

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