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Elix-IRR is an independent management consultancy providing strategic advice on transformation, change, operating models and sourcing strategies. The firm advises clients from all sectors, but has particular expertise within the Financial Services, Public Sector and Retail.

The firm was founded in 2009 by former Accenture employee Steve Newton and has grown rapidly to become recognised as one of the world’s top outsourcing advisors. Elix-IRR has offices in London, Johannesburg, Cape Town and Hamburg, and conducts work with clients internationally.

The company focuses on delivering large change programmes for international clients, with an emphasis on client value. Uniquely the company has staff with experience from buy, sell, legal, and advisory/consultancy backgrounds.

History
Elix-IRR was founded in 2009 by ex-Accenture employees Stephen Newton and Graham Busby. The founders of the company were driven by the desire to create a transformational advisory company that gave operational advice to its clients to enable them to drive long term, sustainable growth.

The company

Transaction support Strategic sourcing Operational and Business strategy

and was positioned at the centre of the sourcing advisory spectrum – between advisors that currently exist in the marketplace who are transactional experts (for example running a RFP tendering process), and other advisors who are strategic, but do not implement (e.g. strategy consultancies). This allows Elix-IRR to advise clients, as well as implement these recommendations.

In late 2009 Elix-IRR entered into a strategic partnership with law firm Pillsbury Winthrop Shaw Pittman, to extend their reach of advisory services into the legal domain. Pillsbury already had a sourcing division with capability in legal and contractual sourcing advice, allowing the partnership to offer an end-to-end sourcing service. Both Elix-IRR and Pillsbury have been nominated by the IAOP separately as members of the World’s Best Outsourcing Advisors.

Elix-IRR have a strong focus on the financial services sector, and annually reports on trends in financial services outsourcing and offshoring. They also have experience in emerging markets, especially South Africa.

Leadership
Stephen Newton, Managing Partner

Former Managing Partner at Accenture and head of transformational consulting and outsourcing in European Financial Services at IBM.

John Hawkins, Partner

Former Senior Partner at Accenture involved many of the firm’s largest multi-industry outsourcing deals.

Barry Lewis, Partner

Former global head of the Group Operations Shared Service and Head of European and Asia Pacific Investment Bank Operations teams at Credit Suisse.

Barri Maggott, Partner

Former Partner at KPMG for 10 years and COO for Momentum Investments (following the merger of Momentum and Metropolitan to form the third largest life insurer (MMI) in South Africa).

Graham Busby, Partner

Former member of the Global Mega-Deal Team at Accenture, an 8-person team responsible for shaping and selling multi-functional outsourcing deals worth over $500m to clients in all industries and geographies.

Christoph Schmidt, Partner

Former Chief Marketing/Sales Officer and board member of a multi-country, multi-company BPO CRM provider and Call Centre Operator in Germany, and Area Sales Leader for EDS in Central Europe.

Recognition
July 2011: Elix-IRR was awarded as Distinguished Honoree at the International Business Awards for “New Company of 2011″.

September 2011: Elix-IRR shortlisted by the National Outsourcing Association for ‘Outsourcing Advisory of the Year’ and ‘Financial Services Outsourcing Project of the Year’

February 2012: Elix-IRR was recognised by the International Association of Outsourcing Professional as one of the World's Best Outsourcing Advisors.