Above: ADP provides computerized transaction processing, data communications and information services worldwide to over 350,000 clients.
Above: ADP provides computerized transaction processing, data communications and information services worldwide to over 350,000 clients.
ADP is committed to expansion outside the United States. Last year ADP’s international revenue was over $225 million, predominantly from our businesses in Canada and Europe.
In Canada, each of our U.S. businesses has been very successful in establishing a strong market presence. In 1995, our Employer Services and Brokerage businesses each had especially strong results with over 20% revenue growth and improved margins.
ADP offers Employer, Brokerage and Dealer services in various European countries. In the UK and the Netherlands, ADP provides a full range of employer services for 23,000 clients. In the UK, ADP extended its services to include outsourced payroll administration for those companies who want to fully outsource their payroll function. Our Dutch business added an offering for the large government sector and acquired Infotech, the leading provider of employer services to agencies that supply temporary workers.
Over the last two years, ADP’s Brokerage front office business has been laying the foundation for becoming a multi-national provider of market information services. We now have 2,200 client terminals in 14 countries outside North America.
Brokerage Services recently strengthened its international presence and capabilities by acquiring Wilco International. With its GLOSS client server system, Wilco offers a rapidly growing global multi-currency clearance and settlement service for international securities and provides excellent expansion opportunities.
Dealer Services has become a global supplier of dealer management systems. ADP now serves over 5,000 clients outside North America. ADP- Autonom continues to be the leading supplier to General Motors Opel dealers in Germany. In the UK, ADP-Modems delivers systems to General Motors-Vauxhall. In March 1995, Dealer Services expanded its European presence by acquiring Turbodata, a leading European auto dealer service company with 3,000 clients in Benelux, France and Germany. Last year, we also acquired a small company that gives us a presence in Taiwan. In recognition of the increasing global opportunities, ADP plans to continue to expand its international presence.