Excelian / Luxoft
Location: United Kingdom + Europe
Sector: Fintech / Consulting
Funding: Privately held (Excelian), acquired by Luxoft, then by DXC
Stage: Mid-market growth + post-acquisition integration
A classic mid-market scale-up. Initially brought in to grow Murex delivery in London, then identified and executed a lower-cost team build in Europe, delivering commercial upside and supporting post-acquisition integration.
The Situation
Excelian needed to rapidly scale Murex capability to meet growing client demand
Existing hiring was based in London, driving up delivery cost
No scalable delivery model or location strategy in place
No internal systems to support volume hiring without external support
We identified an opportunity to optimise the team structure, ensuring scalable, cost-effective growth
The business was later acquired by Luxoft
Engagement
Brought in to scale Murex delivery team
Identified and executed strategy to open a lower-cost European delivery hub
Scaled the new centre from 0 to 40 hires in 6 months
Reduced agency reliance to zero; all hires delivered in-house
Remained post-acquisition to scale teams across the UK, Germany, and Switzerland
Supported M&A integration and internalised hiring systems
Results
40 hires delivered in 6 months across newly established European hub
c. £5M in cost savings through location strategy
Enabled £8M+ in new revenue through increased delivery capacity
Eliminated agency use entirely while continuing to scale hiring across multiple regions
Internal systems sustained delivery post-acquisition