NelsonHall’s Reference Data Management BPO Vendor Assessment for iGATE is a comprehensive assessment of iGATE’s reference data management BPO (RDM BPO) offerings and capabilities, designed for:
Sourcing managers monitoring the capabilities of existing suppliers of capital market process outsourcing and identifying vendor suitability for RDM BPO RFPs
Vendor marketing, sales and business managers looking to benchmark themselves against their peers
Financial analysts and investors specializing in the support services sector.
Key Findings & Highlights
This NelsonHall assessment analyses iGATE’s offerings and capabilities in reference data management BPO. iGATE is one of a number of reference data management BPO companies analyzed in NelsonHall’s comprehensive industry analysis programs.
iGATE started its RDM BPO business in 2005 with an engagement for a Swiss based hedge fund; the hedge fund was an IT services client (converting IT operations onto an acquiring tier 1 bank’s platform). This first RDM BPO engagement was in securities reference data for the hedge fund; over time, the securities data management engagement expanded to include managing securities data for the tier 1 bank parent, as well as reconciling a broad range of securities trades.
iGATE RDM BPO delivers service from two delivery centers:
iGATE’s RDM BPO supports client operations in mature markets.
iGATE’s primary targets for RDM BPO are financial institutions headquartered in:
Institution types are tier one global banks, specifically:
Investment banking units
Wealth management units.
iGATE supports its clients in the North American and European markets, and will continue to target global institutions in future. The focus in RDM is on securities data. Clients typically require support for platform and silo consolidation, utilizing both IT and BPO services.