Capgemini introduces leading Reference Data Management (RDM) Application

12th March 2008

The new Reference Data Management (RDM) services deliver Accurate,
Responsive and Transformed data management for the back-office of this sector

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.

Hubert Giraud, Global Head, Capgemini Business Process Outsourcing Services, said: “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. 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."

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