Birlasoft ranked amongst leaders in “2012 Global Outsourcing 100®” list
Birlasoft, the global IT services arm of CK Birla group, has been ranked 72 amongst 2012 Global Outsourcing 100 service providersin The Global Outsourcing 100® list published by IAOP (International Association of Outsourcing Professionals). IAOP ranking positively impact the outsourcing space for users, consultants and providers. The evaluation of outsourcing companies, done by an independent panel consisting of industry experts, included four critical characteristics – size & growth; customer references; organizational competencies; and management capabilities.IAOP's recognition of Birlasoft’s key strength in “Customer References” is an endorsement of its customer centric strategy.
“We have seen tremendous growth, maturity and expansion of services among outsourcing service providers as we publish this 7th annual list of "best of the best" globally,”said IAOP Managing Director of Thought Leadership, Jag Dalal, COP. “Judges were impressed with the depth of provider and advisor's relationships with their clients as shown through the references provided. Clearly, their clients appreciate the value they receive from their engagements. Intense competitiveness of the outsourcing world is also evident and shows continuing maturity and growth of the industry.”
Birlasoft also tops the key segments:
- By Industry Focus - Best 20 - Leaders in Financial Services (Insurance)
- By Region Served – Best 20 – Companies in India
- Top List climbers – year to year
Birlasoft has also achieved the distinction of top list climber’s year on year through significant improvement in the ranking this year.
About Birlasoft:
Birlasoft is a leading provider of Information Technology services in both onshore and offshore models to Fortune 500 as well as mid-sized organizations in Banking & Financial Services, Insurance, Manufacturing, and Emerging verticals including Media, Retail and Healthcare. Birlasoft's services include Enterprise Application services, Custom Application Development & Management, Managed Infrastructure and Engineering services. Birlasoft has about 4000 employees across Australia, China, Germany, India, Malaysia, Netherlands, Singapore, Switzerland, UK and US. Birlasoft is the first Indian IT Services company to be appraised on SEI CMMI Level 5 on a continuous representation. It also finds its place amongst the Global Services Top 100 companies and IAOP’s list of top 100 global outsourcing companies. To learn more, visit
About IAOP
The International Association of Outsourcing Professionals® (IAOP®) is the global, standard-setting organization and advocate for the outsourcing profession. With more than 120,000 members and affiliates worldwide, IAOP helps companies increase their outsourcing success rate, improve their outsourcing ROI, and expand the opportunities for outsourcing across their businesses. To learn more, visit
For More Information please contact :
UjjwalArora
Global Head-Corporate Communications, Birlasoft
Email:
Birlasoft Announces Dodd Frank Act Compliance Consulting Services
Edison, New Jersey, US, August 18, 2011:Birlasoft, the global IT services arm of the multi-billion dollar C K Birla Group, today announced its offerings in Dodd Frank Act compliance consulting space. Since the law was published in 2010, Birlasoft’s setup a domain led competency to carry out comprehensive research and thought leadership for organizations grappling to understand and respond to the law’s still evolving technology requirements. As a first step,Title VIIwhich includes guidelines aroundSwap Data Repository, trade recordkeeping and reporting has been a major focus area.
“The Financial Crisis of 2007-2010 has led to wide-spread changes in the Regulatory and Compliance landscape inCapital Marketsindustry. In my past experience at DTCC, we were a vanguard in helping firms to support some of the reporting requirements planned for under theDodd Frank Act. We always looked for partners that share our vision and are willing to be part of the journey bringing their competency, flexibility and agility to the table. I am happy to see Birlasoft develop as a mature and strong player in the GRC space”said William B Aimetti, Strategic Advisor, Birlasoft.
The Dodd Frank Act will make proprietary traders, mortgage origination firms, hedge funds, consumer banks, insurance companies, broker-dealers and asset managers more regulated than ever before in Wall Street. IT systems will require fundamental changes to the architecture of their underlying applications. They will also have to be geared to address concerns around data aggregation, improving data integrity and quality. Systems will need to provide for flexible reporting so data can be provided to external regulatory bodies such as the Financial Stability Oversight Council and the Office of Financial Research. Adherence to regulations will require an integrated solution on top of the existing technology infrastructure.
Birlasoft’s Dodd Frank Act compliance consulting offering will give another tool to IT Leaders and their business counterparts to prepare in advance, enabling higher levels of regulatory requirements, effectively utilizing their resources – allocating budgets to meet their compliance obligations.
“Our depth and breadth of knowledge capital combined with our extensive experience positions Birlasoft as a credible player inGRCspace. Our solution framework forSDRallows our customers to rapidly develop capability to address Dodd Frank regulation while effectively leveraging their existing IT investments into compliance solutions. With this offering we believe we can add significant value to our customers and join hands in building a more stable financial environment”said LalithaKompella, Senior Vice President, Banking & Financial Services Business, Birlasoft.
To read more on Our SDR offering:
GRCSolutions/SwapDataRepository.aspx
To read Bill Aimetti’s Profile:
About Birlasoft
Birlasoft, part of 150 year old multi-billion dollar CK Birla Group, enables clients in Banking & Financial Services, Insurance and Manufacturing industry, to become competitive in their business by providing value-based information technology services, in onshore, offshore and near-shore models.
Birlasoft’s portfolio of services include application development & management, testing, enterprise resource planning (ERP - SAP, Oracle, PeopleSoft), business intelligence data-warehousing solutions, customer relationship management (CRM - Siebel), enterprise & IT asset management (EAM, ITAM – IBM), portfolio management (PPM – HP), process consulting and managed infrastructure services.
Birlasoft’s robust delivery processes embrace digitized project management methodologies, embedded within proven practices of Six Sigma, SEI CMMI Level 5 on Continuous Representation and a secure services framework.
Headquartered at Delhi NCR region in India, Birlasoft has presence across Americas, Europe, Australia, ASEAN and India. For further information, go to
For more information, please contact:
Hemlata K VarlaniGeneral Manager - Global Marketing, Birlasoft
Email:
Birlasoft Pioneers with Governance, Risk and Compliance (GRC) Offering
Address Global Public and Private Sector Challenges Across Industry Segment
Edison, New Jersey, US, August 16, 2011: Birlasoft, the global IT services arm of the multi-billion dollar C K Birla Group, today announced itsGovernance, Risk and Compliance(GRC) strategy designed to help businesses become more agile, gain greater visibility into their data, and balance business risk and responsiveness. Since the law was published in 2010, Birlasoft has setup a domain led competency to carry out comprehensive research and thought leadership for organizations grappling to understand and respond to the law’s still evolving technology requirements.
“Impending regulations, client and internal pressures are driving securities firms to enhance and restructure their compliance and regulatory infrastructure. This will remain a top priority for securities firms for the next few years and drive investments in areas such as OTC Derivatives, market surveillance and risk management.”said DushyantShahrawat, CFA, Senior Research Director, TowerGroup.
The new GRC solution is developed on Birlasoft’s deep expertise and experience on wide-reaching compliance requirements for different vertical industries. While grouping all governance, risk and compliance solutions under an integrated GRC framework, Birlasoft has developed solutions around Dodd Frank Act, to Basel II, toSolvency II, to data privacy compliance and beyond. Birlasoft’s GRC strategic consulting offering will give another tool to IT Leaders and their business counterparts to prepare in advance, enabling higher levels of regulatory requirements, effectively utilizing their resources – allocating budgets to meet their compliance obligations.
“At Birlasoft we have developed a comprehensive and flexible framework to respond to both market dynamics as well as individual organization’s requirements. We can work with our clients to transform risk management challenges into a value-changing capability. The right level of risk management capability can position the company for better economic returns, lower risk, improved value and increased confidence of the stakeholder and hence we are proud to have a pioneering offering in this space which can yield that edge.”said Mr. Basu Dutta, Vice President – Banking & Financial Services (Practice), Birlasoft.
To read more on our GRC offering:
/GRCSolutions.aspx
About Birlasoft
Birlasoft, part of 150 year old multi-billion dollar CK Birla Group, enables clients in Banking & Financial Services, Insurance and Manufacturing industry, to become competitive in their business by providing value-based information technology services, in onshore, offshore and near-shore models.
Birlasoft’s portfolio of services include application development & management, testing, enterprise resource planning (ERP - SAP, Oracle, PeopleSoft), business intelligence data-warehousing solutions, customer relationship management (CRM - Siebel), enterprise & IT asset management (EAM, ITAM – IBM), portfolio management (PPM – HP), process consulting and managed infrastructure services.
Birlasoft’s robust delivery processes embrace digitized project management methodologies, embedded within proven practices of Six Sigma, SEI CMMI Level 5 on Continuous Representation and a secure services framework.
Headquartered at Delhi NCR region in India, Birlasoft has presence across Americas, Europe, Australia, ASEAN and India. For further information, go to
Birlasoft Featured in ‘The 2011 Global Services 100 Companies’Recognized several years in a row for Management Excellence, Customer Maturity, Global Delivery and Breadth of Services Portfolio
New Delhi, India, July 06, 2011:Birlasoft, the global IT services arm of the multi-billion dollar CK Birla Group, today announced that it has re-featured as a 2011 Global Services 100 provider in the 6th Annual GS100 study conducted by Global Services in association with NeoAdvisory, the globalization and sourcing advisory firm. This is a repeated recognition for the company for the past four years.
The 2011 GS100 list represents companies that demonstrate excellence in delivering ITO and BPO services globally using matured models of service delivery. Hundred best companies are chosen through a rigorous methodology that evaluates each company across multiple dimensions, measured both quantitatively and qualitatively. A panel of experts from Global Services and NeoAdvisory used a weighted scoring scheme to identify the top 100 global services providers.
Now in its 6th year, the annual Global Services 100 study identifies leading service providers based on management excellence, customer maturity, global delivery maturity, and breadth of services. This list reflects the diversity and overall landscape of the service provider community in terms of company sizes, countries of origin and countries of delivery. The highly referenced study, conducted by Global Services Media and NeoGroup, represents an industry benchmark in recognizing service provider leadership and excellence in service delivery on a global scale
""We are extremely thrilled to be re-featured in this elite list, which is an endorsement of our global delivery capabilities, our focused vertical strategy and thrust for excellence,"said Ravi Kathuria, Senior Vice President Marketing and Alliance, Birlasoft." Our flexibility, ability to innovate and deliver value has paved way for our success with our Global customers."
For more information on the Birlasoft visit:
About Birlasoft
Birlasoft, part of 150 year old multi-billion dollar CK Birla Group, enables clients in Banking & Financial Services, Insurance and Manufacturing industry, to become competitive in their business by providing value-based information technology services, in onshore, offshore and near-shore models.
Birlasoft’s portfolio of services include application development & management, testing, enterprise resource planning (ERP - SAP, Oracle, PeopleSoft), business intelligence data-warehousing solutions, customer relationship management (CRM - Siebel), enterprise & IT asset management (EAM, ITAM – IBM), portfolio management (PPM – HP), process consulting and managed infrastructure services.
Birlasoft’s robust delivery processes embrace digitized project management methodologies, embedded within proven practices of Six Sigma, SEI CMMI Level 5 on Continuous Representation and a secure services framework.
Headquartered at Delhi NCR region in India, Birlasoft has presence across Americas, Europe, Australia, ASEAN and India. For further information, go to
Birlasoft Offers Technology Solutions to Help Transform Insurance Enterprise at ACORD LOMA, San Diego
San Diego, US & New Delhi, India, May 22, 2011:Insurance businesses today are faced with challenges of innovation and growth, employee and customer connectivity, streamlined transactions, cost reduction and employee and customer retention and satisfaction. At ACORD LOMA, 2011, San Diego; see how Birlasoft’s technology solutions can significantly transform the insurance enterprise for the development or modernization of insurance business that answer today’s challenges.
Birlasoft was among theBest 20 leaders in Financial Services (sub-list: Insurance)in the Global Outsourcing 100 for service providers by International Association of Outsourcing Professionals (IAOP) in 2010.Birlasoft provides business and domain consultancy services for Property & Casualty, Health, Life & Annuity and Reinsurance companies across the world.
As most carriers know, existing technology infrastructure often lacks the flexibility needed to support new business initiatives, launch new products or streamline business functions.
Some of the major challenges which the Insurance Industry is facing in today’s volatile business environment are:-
- Leveraging existing IT assets , eliminating redundancies to reduce total cost of ownership
- Managing disparate legacy systems that hinder efficient system integration
- Streamlining business processes to improve operational efficiency and flexibility
- Consolidating enterprise data for analytics and regulatory reporting
- Streamlining IT development and maintenance processes
We look forward to sharing our offerings with you and listening to your valuable feedback at Booth #308 between May 22 and 24, 2011.
To read more on our Insurance offerings:
About Birlasoft
Birlasoft, part of 150 year old multi-billion dollar CK Birla Group, enables clients in Banking & Financial Services, Insurance and Manufacturing industry, to become competitive in their business by providing value-based information technology services, in onshore, offshore and near-shore models.
Birlasoft’s portfolio of services include application development & management, testing, enterprise resource planning (ERP - SAP, Oracle, PeopleSoft), business intelligence data-warehousing solutions, customer relationship management (CRM - Siebel), enterprise & IT asset management (EAM, ITAM – IBM), portfolio management (PPM – HP), process consulting and managed infrastructure services.
Birlasoft’s robust delivery processes embrace digitized project management methodologies, embedded within proven practices of Six Sigma, SEI CMMI Level 5 on Continuous Representation and a secure services framework.
Headquartered at Delhi NCR region in India, Birlasoft has presence across Americas, Europe, Australia, ASEAN and India. For further information, go to
Birlasoft unveils Customer Insight Lab to help Businesses with Customer Acquisition, Engagement & Retention
Bangalore, India, March 22, 2011:
Birlasoft today announced investments to set up aCustomer Insight Labat its Bangalore facility in India. Focused on Customer Relationship Management (CRM)– based innovative solutions, the lab will carry out original research and development services to help customers drive business value through innovation, achieve large scale CRM transformations with a reduced ‘Total Cost of Ownership’ & ‘Total Opportunity Value’.
The Customer Insight Lab will serve as an incubation centre for technology offerings such as Customer Analytics, Mobile CRM and Social CRM as well as for vertical-focused offerings including - Wealth Management for the Financial Services industry and Warranty Management for the Manufacturing sector. In addition, CRM Tools, Frameworks, Accelerators and Proof-of-Concepts for our clients will be developed at this center.
Birlasoft’s CRM Centre of Excellence (CoE) has forged strong alliances with Siebel and Oracle and has an established experience in ‘Oracle-On-Demand’ solutions, Sales cloud and Service cloud application development, Application outsourcing engagements, package evaluation, CRM Upgrades & SaaS Consulting and production support.
Speaking at the occasion, Mr. Arup Gupta, CEO, Birlasoft said,“Customer Value can be derived through innovations using business and customer analytics. At Birlasoft, we believe that Insight added with Foresight can result in technology innovations that deliver business benefits. Capitalizing on our strengths and partnerships, this centre will provide innovative, cutting-edge and cost-effective solutions, prototypes and products for our clients in the key verticals of BFS&I and Manufacturing. The investments in the Customer Insight Lab will be about one million dollars (1 Mn USD) in a year’s time and this lab is the precursor to some of the new initiatives we are taking at Birlasoft.”
To read more on our Enterprise offerings:
About Us
Birlasoft, part of 150 year old multi-billion dollar CK Birla Group, enables clients in Banking & Financial Services, Insurance and Manufacturing industry, to become competitive in their business by providing value-based information technology services, in onshore, offshore and near-shore models.
Birlasoft’s portfolio of services include application development & management, testing, enterprise resource planning (ERP - SAP, Oracle, PeopleSoft), business intelligence data-warehousing solutions, customer relationship management (CRM - Siebel), enterprise & IT asset management (EAM, ITAM – IBM), portfolio management (PPM – HP), process consulting and managed infrastructure services.