Sapient acquires derivatives consulting group limited

Sapient announced that it acquired London-based Derivatives Consulting Group Limited. DCG is a leader in partnering with the industry to provide derivative operations metrics and respond to the industry’s operational challenges.

With this acquisition, Sapient will add a globally integrated service in derivatives processing to the market-leading capabilities of its Trading and Risk Management practice, which has been a key driver in Sapient’s growth. The addition of DCG will dramatically increase Sapient’s ability to address derivatives operations issues and further strengthen its unique position in the marketplace.

Sapient’s expanded TRM services will now include unique operations benchmarking, deep derivatives and process expertise, operations support, technology services and proven off-shore capabilities. These will help clients both manage the growth and complexity of derivatives transactions and eliminate the inefficiencies they currently experience in derivative operations.

Sapient’s acquisition of DCG is supported by a number of key global trends. The worldwide derivatives market reached $677 trillion notional in 2007 and continues to grow dramatically, according to Celent. While derivatives volumes have grown, there has been a lag in operations infrastructure investments. This has created greater demand for operations support and technology. At the same time, government agencies such as the U.S. Federal Reserve and the Financial Services Authority have increased the regulation and scrutiny of derivatives transactions, further compounding the existing operational challenges.

DCG will operate within Sapient’s TRM practice, which provides high-end business consulting, program management, technology delivery and process outsourcing solutions focused on the specialized needs of risk enterprises.


Vinod /ITvoir network

  


Similar Articles
Kodak helps PSP grow their Businesses with KODAK NEXPRESS Digital Presses
Photo service providers looking to differentiate and strengthen their positions in serving the ever expanding market for photo rich applications will find a number of unique capabilities and features
X-Rite launches all-new i1 Line offers Unmatched Price/Performance solutions
X-Rite, Incorporated introduces a streamlined i1 portfolio of color management and calibration solutions, a true price/performance ratio breakthrough for creative, photo, and prepress professionals. T
Rackspace unveils Platform Hosting
Rackspace Hosting, Inc. announced from the Web 2.0 Conference the release of their new Platform Hosting solution. Created as a unique alternative to colocation, Platform Hosting gives users the contro
KODAK Drives Imaging Innovation at Photokina 2008
Eastman Kodak Company unveiled comprehensive and innovative imaging solutions for consumers, retailers, and creative professionals at Photokina 2008. The Kodak booth includes ultra crisp digital displ
Oracle expands Industry-Focused Programming
The upcoming Oracle OpenWorld San Francisco 2008 conference, to be held September 21 - 25 at Moscone Center, will offer attendees an extended range of specialized industry programming.The number of co
Sprint continues Service Restoration Efforts
Sprint Nextel announced that its networks continue to be operational following Hurricane Ike as Sprint technicians work to restore service in the impacted areas by moving in portable generators and Ce
HP keeps up with accelerated customer demand for Next-generation Data Centers
HP announced it has signed data center design services contracts with more than 60 customers in the last six months. EYP Mission Critical Facilities, a company of HP, provides strategic planning, desi
Norkom and IBM to deliver Financial Crime and compliance solutions
Norkom Technologies announced it is partnering with IBM to deliver new Financial Crime and Compliance software solutions to the world's leading financial institutions.Announced at SIBOS, the financial
AMD infuses Corporate Brand with the power of FUSION
AMD launched a new corporate brand campaign under a new tagline, “The Future is Fusion.” The campaign is intended to focus on how the unique AMD combination of technologies, coupled with c
Wavecom Wireless Microprocessor at the Heart of Latest Size- and Cost-Optimized Telular Alarm Communicator
Wavecom announced that the Wavecom Wireless Microprocessor WMP 100 is the cellular engine at the heart of the newest member of the Telguard Digital family of alarm communicators: TG-11. Relying on the
Riverbed holds VisionDay 2008 in San Francisco
Riverbed Technology outlined at its financial analyst conference, its vision for the optimization of data that would enable organizations to streamline the manipulation, movement and storage of inform
Sun Microsystems and VMware expand Desktop Virtualization Relationship
Sun Microsystems announced the company will add VMware Virtual Desktop Manager and VMware Virtual Desktop Infrastructure to its line up of fully supported desktop virtualization solutions Sun offers t
Dell premiers First Industry approved Burn-To-Dvd downloads
Dell is bringing the big screen to the PC screen, making it easy for users to build a personal digital library of their favorite Hollywood blockbusters.Dell and Sonic Solutions have teamed to make dow
Packet Vision teams with RMI
Packet Vision, the pioneer of advanced video advertising announced the next generation of its addressable television advertising solution will be powered by RMI Corporation, a leader in high performan
Adobe acquires European Image Serving Provider
Adobe Systems Incorporated announced it has acquired YaWah ApS, a European dynamic imaging software provider based in Aarhus, Denmark. The acquisition will accelerate the European and global expansion
Honeywell and SAE International implement Global program
One of the most pressing issues facing technical based industries today is the decline of students interested in science, math, and technology programs at the middle school through college levels. Thi
New KODAK CCD Image Sensor enables HD image capture
Eastman Kodak Company is helping to power the growth of High Definition image capture with a new CCD image sensor targeted to industrial and broadcast video markets.Built using Kodak’s latest In
Nokia brings Microsoft Exchange ActiveSync corporate mobile email solution
Nokia announced that it is expanding its device range which enables Microsoft Exchange ActiveSync to all Nokia S60 3rd Edition devices. 43 Nokia devices will now feature the Mail for Exchange mobile e
AMD introduces the ATI Radeon HD 4600 Series Graphics Cards
AMD announced the ATI RadeonTM HD 4600 series, mainstream graphics offerings that deliver exceptional gaming and HD multimedia performance while consuming less power than a standard light bulb. Compri
Toshiba expands 1.8-inch HDD Family
Toshiba Corporation, the pioneer in small form factor hard disk drives announced the world's first dual-platter 240GB HDD. The new drive delivers the highest capacity and areal density in the 1.8-inch

Newsletter
 
 



 

SpotLight
 
Tough road ahead for Yahoo's new CEO Ross Levinsohn
 

Channel Speak
 
Mr Sunil Chandna shares his views,"enterprise customers ar..

Mr Sunil Chandna

CEO , Stellar Data Recovery

Mr Sunil Chandna shares his views,"ent..

 

Mr.Sandeep Ramani

COO

Envent

Ms. Debadutta Upadhyaya

Vice President

Vdopia
 

Editors Choice
 
SOA : Challenges and opportunities
 


Quick Poll
 

Is Indian IT on the road to beat recessionary impacts?

  • Yes
    [74.07%]
  • No
    [22.22%]
  • Can't say
    [3.7%]