Why to Outsourced to India - Consideration at Nagpur
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Transcript of Why to Outsourced to India - Consideration at Nagpur
Offsite Development Centre
with
at Nagpur
http://www.harriersys.com.
Executive Summary
≥ Potential savings of 29% by basing ODC with Harrier at Nagpur compared to a Vendor in Mumbai
≥ Enabled by emergence of Nagpur as a low cost IT sourcing destination√ Easy access to resources√ Comparatively low cost of living attracting talent back
home√ Easy access from Mumbai and rest of the country; cost
of travel is almost the same compared to Pune≥ Strong Domain experience of Harrier and added
advantage≥ Differentiated models for Development and Maintenance≥ Success Stories≥ Innovative Engagement Models
http://www.harriersys.com.
Agenda
• Considerations of an ODC
• Why Nagpur?• Cost advantages
• Demographic advantages
• Why Harrier?• Management Philosophy
• Experience and Capability
• Facilities
• Case Studies
http://www.harriersys.com.
Considerations for an ODC
Availability of resourcesCost
Infrastructure costResource cost
Demographic considerationsConnectivity – physical and technicalQuality of life
Management overheadDelivery capability
Why Nagpur?
http://www.harriersys.com.
Talent Availability
30% of the labour pool in Pune comes from in and around Nagpur; they all want to come back home!
8 tier-1 and 22 other engineering colleges ensure adequate addition to available talent every year
This ensures the attrition levels remain low @ 8% compared to 15-20% industry norms in other cities
http://www.harriersys.com.
Physical Connectivity
Daily direct flights to Mumbai (8), Delhi (4) and other IT hubs
International connectivity thru Middle East
Comparative Costs:Mumbai – Pune: Rs. 4,500/- (Car)Mumbai – Nagpur: Rs. 4,400/- (Air)
Why HARRIER?
Management philosophy
Focus on key accounts only Focus on Quality vs Quantity; Vision is not to be an
Organization with thousands of people or even hundreds
Evolution of a new development philosophy - “Customer intuitive”
Maintenance & Support using the philosophy “Fix it once and for all”
Dedicated Program Manager with more than 10+ years experience
Option to run a mix mode program (Managed + Staff augmentation)
Agile Development Philosophy
Customer intuitive -If business knows clearly what needs to be done –> Waterfall-If business needs to evolve what they really want –> Agile-Stress on usability – making it convenient for all actors-Collaborative approach – not build in isolation; build together-Build for the future – keep flexibility as much as possible
Maintenance & Support ("Fix it once and for all")– Not about SLAs– Fix once and not have to
redo it again– Add new features,
enhancements to provide better value
– Providing new ideas of how the business process can be supported better
– Recycle savings in effort to add more applications to portfolio
– Optimize resource allocation; leverage same resource over multiple applications
http://www.harriersys.com.
Modern facilities with growth potential
• Already operating an ODC for two clients using MPLS connectivity
• Physical demarcation between clients
• Access control to work areas dedicated to clients
• 5000 sq ft of area available for expansion
• Dual connectivity for redundancyo 4 Mbps optic fiber Internet connectivity with backupo 512 Kbps RF connectivity from a different service provider
Case studies
http://www.harriersys.com.
Who are the others we work forTestimonials
We would like to discuss future potential projects which we may wish to pass your way as we have been extremely impressed by the quality and timeliness of the project.
Mr. Andy Williams, Project Manager, GIS Commerce
I would like thank team – Harrier for their hard work . . . .Mr. Raghavendra Jha, Infodatum, UK
I also wanted to take the opportunity to thank all of you for your hard work on the analytics projects. It was a challenging project with aggressive timelines but it has been a pleasure to see everyone step up and do a great job at it. Lets keep up the good work!
Sonali Dutta, Indigeny, USA
Thanks for the hard work and being so flexible to achieve our goal. Especially when we are short of one person. We completed our tasks on time and you all did an excellent job.
Esther Chan, USA
System is Complete. Well Done!!! and Thank you.Mr. Heriberto A. Cabrera, GoEZLaw.com, NYC
http://www.harriersys.com.
Kotak Securities is one of India’s leading stock broking houses, part of the Kotak Mahindra group
The client wished to have a portfolio analytics and attribution system to monitor the performance of their various mutual fund schemes and comparison with benchmarks indices.
Harrier customized it’s flagship product ‘Harrier Stockpile’ as a portfolio analytics solution with following key features.
• Group Snapshot shows the overview of portfolios of selected schemes, at group level, for a duration. It includes information like AUM, Returns, P/E, EV/EBIDTA, ROE, Beta, Sharpe Ratio, Medium Holding, the Average Holding, Time to Liquidate, No. of stock, Style, Break up like Large/Mid/Small cap, Cash etc.
• Performance Tracking – Sector/Stock wise Performance tracking with the benchmark, with their allocation effect and return. Under/over weighted sectors
• Peer Group Comparison with AUM return of 1 month to 1Year with their P/E and P/B Ratios.
• Liquidity report calculates and displays the stock wise liquidity i.e. how long it may take to liquidate the entire portfolio
Technology : Java SWING, Windows sockets, MS SQL Server as RDBMSTeam size: 4 , Duration: 6 months
Case Study: Kotak Securities
Solution
Requirement
Customer
Project Details
http://www.harriersys.com.
Derivium Tradition India Ltd. is a top Indian fixed-income securities broking firm
Derivium required an integrated front-office and back-office system to automate their operations end-to-end, including an intranet and an online quote publishing system for customers to check stock quotes.
A database driven interactive web-based front office application integrated seamlessly with the back-office application.
• Database Sharing: Used the existing database to save the current Deals. Data integration and sharing with Back office system
• PDF Ticket: Deal tickets are generated in PDF format for printing purpose
• Importing .txt file: Data from NSE in .txt format is captured directly in database for mapping of Deals
• Audit Report: Generating daily report for audit purpose. This is also used for knowing daily transaction details
Technology: MS ASP.Net, C#, MS SQL Server as RDBMS, Oracle 10gTeam size : 6, Duration: 8 months
Case Study: Derivium Tradition Securities Front Office System
Solution
Requirement
Customer
Project Details
http://www.harriersys.com.
Derivium Tradition India Ltd. is a top Indian fixed-income securities broking firm
Derivium required an efficient, reliable and cost effective quotes system for fixed income securities like Corporate Deposits, sovereign bonds, Interest Rate derivatives etc. with about 1000 concurrent users viewing quotes published by different users, for different products. Pages are to be refreshed every few seconds to display latest quotes. The solution replaced the instant Messenger/phone that was in use.
• Watchlist – User can create a ‘Watch list’ of securities s/he is interested in from the list of securities available on various pages, as a separate ‘view’.
• Authentication – Authenticating the user based on IP Address along with other parameters and thus restricting anonymous user.
• Enter/View Quotes – Enables user to enter and view Market quotes.
• Self refreshing pages – Self refreshing pages for updating the Market Quotes on the page every 6 seconds.
• Export to Excel – User friendly way of exporting the data to an Excel worksheet.
Technology: MS ASP.Net, C#, MS SQL Server as RDBMS, IIS 6Team size : 4, Duration: 4 months
Case Study: Derivium Tradition Securities – dome
Solution
Requirement
Customer
Project Details
We developed a Web-based 3-tier application to suit the requirements, with 2 sides; a viewer interface and an admin panel with following key features.
http://www.harriersys.com.
Innovative Engagement Models
Offsite development centre over MPLS connectivity- Secured connectivity
- Keep data and source code onsite
- Team offsite at a reasonable cost location like Nagpur
Revenue sharing for Product development- Limited upfront investment for product development
- Leverage your brand to market productized financial tools/apps
- Shared risk and rewards
Cost +- For larger, long term contracts (minimum 20 developers for 1 year)
- Dedicated low-cost development centre
http://www.harriersys.com.
Contact Us
United States2, King Arthur Court.
North Brunswick, NJ 08902Ph :- [email protected]
NagpurShanti Plaza, Shanti Park, Harihar Nagar, Besa,Nagpur – 440034Ph :- 91-712-3296558, 6536728Fax :- [email protected]
Thank you!
Please visit us at http://www.harriersys.com
Mumbai203, Mastermind III
Royal Palms,Goregaon East, Mumbai
Ph :- [email protected]
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