EXHIBIT 21.1

LIST OF SUBSIDIARIES

Carabunga.com. Inc.

Direct Alliance Corporation

Global One Insurance Company (name change from Global One Captive Insurance Company)

Global One Colorado, Inc.

Newgen Results Corporation

Percepta Holdings, Inc.

Percepta, LLC

TeleTech@Home, Inc.

TeleTech Customer Care Management (CA), LLC

TeleTech Customer Care Management (CO), LLC

OnDemand, LLC

TeleTech Loan Services, LLC

InCulture, LLC

TeleTech Customer Care Management (WV), Inc.

TeleTech Customer Services, Inc.

TeleTech Facilities Management (Postal Customer Support), Inc.

TeleTech Financial Services Management, LLC

TeleTech Government Solutions, LLC

TeleTech International Holdings, Inc.

TeleTech Services Corporation

TeleTech South America Holdings, Inc.

TeleTech Stockton, LLC

TTEC Nevada, Inc.

Customer Solutions Mauritius

Finsource, Inc.

TeleTech Financial Solutions Pty Ltd.

Percepta Philippines, Inc.

Sevtoy PTY Limited

TeleTech Asia Limited

TeleTech (Hong Kong) Limited

TeleTech Customer Care Management Philippines, Inc.

TeleTech Customer Management Pte. Ltd.

TeleTech Korea, Ltd.

TeleTech New Zealand

TT Interaction Management SDN. BHD

Newgen Results Canada, Ltd.

Percepta, ULC

TeleTech Canada, Inc.

TeleTech Services (India) Ltd.

TeleTech Offshore Investments, BV

Percepta Germany GmbH

Percepta UK Limited

TeleTech UK Ltd.

TeleTech Customer Care Management (Ireland) Limited

TeleTech Customer Services Spain S.L.

TeleTech Europe BV

TeleTech Germany GmbH

TeleTech International Pty Ltd.

TT International C.V.

Apoyo Empresarial de Servicios, S. de R.L. de C.V.

Comlink, S.A.

Servicios SSI Integrales

Servicios y Administraciones de Bajio S. de R.L. de C.V.

TeleTech Argentina S.A.

TeleTech Brasil Servicios De Informatica Ltda

TeleTech Mexico, S.A. de C.V.

TeleTech Venezuela, C.A.

TeleTech Customer Care Management Costa Rica, S.A.