Birlasoft in IAOP's Best 20 Leaders in Financial Services (Insurance)

USA - English

• USA - English

    NEW JERSEY and NOIDA, India April 20 /PRNewswire-Asia/ --

    -- International Association of Outsourcing Professionals (IAOP) is the
       global, standard-setting organization and advocate for the outsourcing
       profession

    -- The Global Outsourcing 100 for service providers ranks today's known
       leaders and rising stars

    -- Insurance is one of the fastest growing segments in outsourcing and IT
       plays a key role in planning the sector

Birlasoft, the global IT services business of the 150-year-old multi-billion dollar CK Birla Group, has been named among the Best 20 leaders in Financial services (Insurance), a sublist of the Global Outsourcing 100 for service providers.

The IAOP also named Birlasoft to the key sub-list, Best 10 Leaders by region Australia & New Zealand.

The Global Outsourcing 100 is an independently judged, opt-in ranking of the World's best outsourcing service providers and advisors. It is annually published by the International Association of Outsourcing Providers' Global Outsourcing 100 (2010). The recognition in the sublist, Industry Focus - Financial Services (Insurance), places Birlasoft among the Best 20 Leaders globally in the Insurance domain.

Sanjay Gupta, Global Delivery Head for Birlasoft, accepts the honor with pride and attributes it to the people of the organization. He said, "We are very aware that the honorees are selected after much deliberations and stringent calibrations which are based on several measurable sets of standards, and are testified by our clients. We thank our clients for providing us the opportunity to deliver value and quality to their doorstep and we thank IAOP for recognizing the commitment and excellence of our people".

Insurance is among the fastest growing segments in outsourcing with enormous potential for service providers. Information technology plays a key role in planning the insurance sector as the service level sensitivity is high with relationships based on security, trust and speed in processing. Birlasoft has the domain and process expertise to handle key steps on which ride a successful outsourced relationships. This recognition comes at crucial juncture when the clients are finding it more important than ever to partner the best outsourcing providers in the world and we are proud to be recognized by the premier global association, the IAOP.

The application process of the ranking is designed to mirror a typical customer's request for proposal (RFP) process. The evaluation team is an august panel of industry thought leaders comprising Michael F. Corbett, Chairman, IAOP, Jagdish Dalal, Divyesh Dalal, Teresa Harris, William Hefley, Kurt Kohorst, William P. Metz, Manish K. Sahai, Kristin H. Weitz Rammer and Vera Marques.

The final published list (service providers) contains both Leaders and Rising Stars. The participants are assessed on their demonstrated strength in several areas including parameters like company size, growth, global presence, customer references, company recognitions, company certifications, employee management and executive leadership.

The 2010 Global Outsourcing 100 rankings are featured in a special advertising feature of FORTUNE(R) magazine in May 2010. The full service provider and advisor list with rankings, as well as the sub lists can be accessed on IAOP's Web site, at http://www.iaop.org/

About Birlasoft

Birlasoft, part of 150 year old multi-billion dollar CK Birla Group, helps clients in Banking & Financial Services, Insurance and Manufacturing industry 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), 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 www.birlasoft.com

About The Global Outsourcing 100(R)

The International Association of Outsourcing Professionals(R) (IAOP(R)) has developed The Global Outsourcing 100 and its sub-lists as essential reference guides for companies seeking new and expanded relationships with the best companies in the industry. The lists and sublists include companies from around the world providing the full spectrum of outsourcing services - not just information technology and business process outsourcing, but areas such as facility services, real estate and capital asset management, manufacturing, and logistics. IAOP membership is not required to apply for any Global Outsourcing 100 program.

About IAOP

The International Association of Outsourcing Professionals (IAOP) brings together the world's leading outsourcing customers, providers and advisors in a powerful, active and growing global association to exchange thought leadership, share best practices and network to maximize their effectiveness using outsourcing as a management tool. Its members are outsourcing leaders and industry experts representing Fortune 500 companies, as well as top companies of all size, industry and academia from around the globe. With an increased recognition of outsourcing's importance at the C-level suite, IAOP membership is supported by senior leadership as well as executives, managers and other professionals who share the vision and expertise it takes to design, implement and manage their company's global corporate ecosystem.

    For more information, please contact:

     Rajiv Saxena
     Global Head of Corporate
     Communications, Birlasoft
     Tel:   +91-120-6629000
     Email: [email protected]

SOURCE Birlasoft