Conduent Named Leader in Health and Wealth Benefits Administration Outsourcing in Everest Group Report

7/19/18

Conduent Incorporated (NYSE: CNDT), a digital interactions company, has earned "Leader" status in Everest Group's PEAK Matrix assessment for Health and Welfare Benefits Administration Outsourcing.

"Conduent has experienced significant success in the health and welfare benefits market, particularly in the mid-to-large enterprise segment," said Anil Vijayan, practice director, Everest Group. "Its portfolio of decision support tools, suite of private health exchanges serving diverse populations and a strong service delivery capability serve as key differentiators. Conduent's continued investments towards enhancing its technology capabilities place it well to meet the evolving needs of buyers."

Conduent is recognized for the value it delivers to clients, innovation investments and scope of offerings, including RightOpt®, BenefitWallet® and the Life@Work Portal solution. The company's ability to provide technology, operations and employee experience support are considered strengths.

"Seeing our clients commend us for our regulatory expertise, end-to-end solutions and commitment to employees acknowledges our strategy is right and path well defined," said Tracy Amabile, general manager, Conduent, Human Resource Services. "We look forward to continuing to deliver personalized experiences and HR innovation for our clients for years to come."

Everest Group's PEAK Matrix™ assessment provides an objective, data-driven comparative evaluation of service providers based on their overall vision and delivery capabilities, and market impact, including outsourcing revenue, active deals and value delivered to clients.

Conduent's HR services include technology, operations and consulting solutions to help clients effectively manage their programs while engaging employees in their health, wealth and careers. BenefitWallet is one of the nation's top health account administrators, managing nearly $2.3 billion in assets in 1 million active HSA accounts for 20,000 employer customers of all sizes. RightOpt is a private health portal providing access to healthcare services and solutions to help achieve total wellbeing, serving more than 300,000 employees across the nation.

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About Conduent Conduent creates digital platforms and services for businesses and governments to manage millions of interactions every day for those they serve. We are leveraging the power of cloud, mobile and IoT, combined with technologies such as automation, cognitive and blockchain to elevate every constituent interaction, driving modern digital experiences that are more efficient, helpful and satisfying.

Conduent's differentiated offerings touch millions of lives every day, including two-thirds of all insured patients in the U.S. and nearly nine million people who travel through toll systems daily. Whether it's digital payments, claims processing, benefit administration, automated tolling, customer care or distributed learning – Conduent serves a majority of the Fortune 100 companies and more than 500 government entities. Learn more at www.conduent.com.

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