Capgemini introduces leading Reference Data Management (RDM) Service for Securities and Capital Markets
The new Reference Data Management (RDM) service delivers Accurate, Responsive and Transformed data management for the back-office of this sector.
12 March 2008
Capgemini, one of the world’s foremost providers of Consulting, Technology and Outsourcing services, today announced the launch of its Reference Data Management offering. Such offer is dedicated to back-office support for Securities and Capital Markets firms at FIMA (Financial Information Management) 2008 in New York City starting on March 11th. The purpose of the Capgemini’s RDM BPO offer is to provide accurate, responsive and transformed data management for the Capital Markets, essential to sustaining competitive advantage in Securities and Capital Markets and maintaining a firm’s ability to stay current with compliance demands such as MiFID (Markets in Financial Instruments Directive), SEPA (Single Euro Payments Area) and Sarbanes Oxley.
Capgemini’s RDM services include Reference Data Management BPO services, Reference Data Integrity Services and Data Analytics; and span across all reference data asset classes and types. The service suite is designed to reduce risk, lower costs, and improve data breadth and quality.
The application differentiates itself from other “niche” solutions by combining the leverage of Capgemini’s global Financial Sector Consulting with the global experience of a Tier 1 BPO service provider with Business Insight value-adding service operating in 33 languages. This unique combination in tandem with Capgemini’s BPO Rightshore® global delivery model, results in a high level data management approach for Financial Services clients. Finally, Capgemini customises the service scope, delivery models and governance to address the needs of individual clients.
“Built on a foundation of anchor clients supported from our dedicated RDM offshore centres of excellence in India and Poland, this new offering is a critical part of our strategy to bring new and enhanced BPO services to the Financial Sector”, said Hubert Giraud, Global Head, Capgemini Business Process Outsourcing Services. He adds “By leveraging our extensive experience with trading systems, prime brokerage applications, asset management systems and investment banking tools, we have created high level strategies that address each element of the data management lifecycle. These strategies are designed to reduce costs, improve the quality and breadth of data and increase its accuracy, resilience and timeliness.”
Capgemini’s Financial RDM BPO offering is part of its Knowledge Process Outsourcing services portfolio that includes other vertical BPO applications such as Investment Research (for Financial Services customers), Master Data Management (for Manufacturing customers) and Engineering Services BPO (for Aerospace customers). This portfolio of services is part of Capgemini’s overall global BPO services – that also includes Finance & Accounting, Customer Care & Intelligence, Procurement, and Management Assurance Services (Sarbanes-Oxley compliance).
About Capgemini
Capgemini, one of the world’s foremost providers of consulting, technology and outsourcing services, enables its clients to transform and perform through technologies. Capgemini provides its clients with insights and capabilities that boost their freedom to achieve superior results through a unique way of working - the Collaborative Business Experience - and through a global delivery model called Rightshore®, which aims to offer the right resources in the right location at competitive cost. Present in 36 countries, Capgemini reported 2007 global revenues of EUR 8.7 billion and employs over 83,000 people worldwide.
More information is available at www.capgemini.com.
Providing services to clients worldwide in 33 languages, Capgemini’s expertise is recognized in Business Process Outsourcing (BPO) with a solution portfolio that spans Finance & Accounting, Customer Care & Intelligence, Procurement, Assurance Management and Knowledge Process Outsourcing services. As part of Capgemini’s Rightshore® delivery network, more than 6,000 BPO professionals provide the best service in the best place 24/7, according to each customer’s needs, from onshore, nearshore and offshore centers located in Australia, Canada, China, India, Poland, and the United States.
For more information please visit: http://www.capgemini.com/services/outsou rcing/bpo/
Press contacts:
Vanessa McDonald
Tel.:+44 (0)870 238 2856
E-mail: vanessa.mcdonald@capgemini.com
Christel Lerouge
Tel.:+33 (0)1 47 54 50 76
E-mail: christel.lerouge@capgemini.com
