DEBUG: PAGE=domain, TITLE=sson,ID=1513,TEMPLATE=neat-widget
You are not logged in...

Report information:

NIIT Technologies - Reference Data Management BPO

Vendor Analysis

by Andy Efstathiou

published on Jul 01, 2014

Access to this report is restricted to logged in clients with access. Login to get full access

Report Overview:

This NelsonHall assessment analyses NIIT Technologies' offerings and capabilities in reference data management BPO. NIIT Technologies is one of a number of reference data management BPO companies analyzed in NelsonHall's comprehensive industry analysis programs.

Who is this Report for:

NelsonHall's Reference Data Management BPO Vendor Assessment for NIIT Technologies is a comprehensive assessment of NIIT Technologies' 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.

Scope of this Report:

The report provides a comprehensive and objective analysis of NIIT Technologies' reference data management BPO offerings, capabilities, and market and financial strength, including:

  • Identification of the company's strategy, emphases and new developments
  • Analysis of the company's strengths, weaknesses and outlook
  • Revenue estimates
  • Analysis of the profile of the company's customer base including the company's targeting strategy and examples of current contracts
  • Analysis of the company's offerings and key service components
  • Analysis of the company's delivery organization including the location of delivery locations.




Key Findings & Highlights:

Reference data is part of NIIT Technologies' BPO line of business. NIIT Tech started its reference data BPO business in 2004, when it began an RDM BPO relationship with a securities services vendor, a customer since 1995 and a provider of investment processing services to ~200 banks and investment managers. The relationship includes a range of industry specific processes, of which RDM has represented 13% to 20% of the overall contract over the years.

Delivery Capabilities

NIIT Tech BPO delivers service from two delivery centers:

  • Gurgaon
  • Noida

Target Markets

NIIT Technologies is targeting tier 2 U.S. financial institutions with asset bases between $10bn and $200bn in assets under management, which are:

  • Asset managers/family offices
  • Community banks
  • Broker/dealers
  • Regional and super regional banks
  • Securities processing vendors.

Key targets for NIIT Tech are its existing IT services clients which are asset managers and broker/dealers.

Strategic Direction

NIIT Tech is looking to grow its RDM BPO business by:

  • Helping tier two clients reduce cost of data management, by:
    • Benchmarking processes and consolidating data feeds by eliminating redundant data feeds
    • Architecting changes in data management platforms and implementing those changes with attendant process changes
    • Improving data accuracy
  • Scaling support for existing clients, primarily customers of SEI
  • Supporting compliance efforts of clients
  • Creating an RDM BPO utility focused on revenue generation using social media and other external data analytics with its Digital Foresight initiative
  • Cross-selling to CM clients which currently buy IT services (20 CM clients versus 6 existing RDM BPO clients).

Login to get full access:

go to NEAT reports