Capco has established a new service delivery centre in Bangalore to support its financial services clients. The new centre represents an estimated $1m facility, technology and operations infrastructure, and human capital investment by Capco to support the rapid expansion of Capco IT Services India. The Bangalore facility supports several ‘tier one’ financial services clients and is a fully integrated office within the Capco and Capco Reference Data Services global network. The new delivery centre will house Capco IT Service India’s 100 employees, with plans for expansion to 200 employees in the coming months, and several hundred employees longer-term, to support Capco’s rapidly growing client base.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.