FREMONT, California and BANGALORE, India, September 11, 2013 /PRNewswire/ --
To showcase four outcomes-based technology solutions
iGATE Corporation (NASDAQ:IGTE), the first Business Outcomes driven integrated Technology and Operations (iTOPS) solutions provider, today announced that it will be participating in Sibos 2013, an annual conference, exhibition and networking event organized by SWIFT for the financial industry to be held from September 16 - 19, 2013, at the World Trade Centre in Dubai, UAE. iGATE will exhibit its cutting edge outcomes based technology solutions in Reference data management, Trade Processing, Global Trade Services and SWIFT messaging services.
iGATE's portfolio of solutions to be showcased at Sibos 2013 are targeted to address a wide range of business imperatives across financial industry. iGATE's iTOPS framework combines technology and operations and is tailored to drive high value business outcomes for the clients.
- iGATE's Reference Data Management engagements help spot data sourcing redundancies, streamline trade execution, reduce operational risks and ensure regulatory compliance.
- iGATE's Integrated Transaction Manager (ITM) consists of Middle Office Solution, Managed Accounts Trading Service (MATS), and Standing Settlement Instruction (SSI) Manager. Comprehensive, yet simple, these middle office suite of products address the needs of trade processing by reducing operational costs and risks, increasing efficiency and accuracy and managing smooth communication for better trade execution.
- iGATE's Global Trade Services helps improve visibility into the financial supply chain, accelerate cash flow and reduce risk through a combination of technology, trade documentation experts and best-in-class processes in order to address the changing demands of the trade processing landscape.
- iGATE's offerings in SWIFT, helps banks and financial institutions to embrace emerging trends in SWIFT messaging services and evaluate communications platform and products. iGATE primarily focuses on services such as Electronic Bank Management (eBAM), ISO 20022 standardization framework and Quality assurance service framework for SWIFT's standard release.
On Day 2 of the event, iGATE will also be conducting a presentation on 'Pay only for business outcomes for the Securities Industry' to be delivered by Ravindranath Singh, Director of Strategic Initiatives - Financial Services, iGATE. Through this session, iGATE will illustrate applications of business outcomes model for sustainable securities operations: Middle-Back Office, Reference Data, Corporate Actions, Client Onboarding, OTC Derivatives Processing and Reconciliations.
Sibos is an annual conference, exhibition and networking event organized by SWIFT for the financial industry. What started out as SWIFT's international banking operations seminar has grown into a premier business forum for the global financial community to debate and collaborate in the areas of payments, securities, cash management and trade. Please visit http://www.sibos.com for more information.
SWIFT is a member-owned cooperative through which the financial world conducts its business operations with speed, certainty and confidence. More than 10,000 financial institutions and corporations in 212 countries trust SWIFT every day to exchange millions of standardized financial messages. This activity involves the secure exchange of proprietary data while ensuring its confidentiality and integrity. SWIFT also brings the financial community together to work collaboratively to shape market practice, define standards and debate issues of mutual interest. Sibos is SWIFT's flagship event. Please visit http://www.swift.com for more information.
iGATE Corporation is the first integrated technology and operations (iTOPS) company providing full-spectrum consulting, technology and business process outsourcing, and product and engineering solutions on a Business Outcomes-based model. Armed with over three decades of IT Services experience and powered by the iTOPS platform, iGATE's multi-location global organization has a talent pool of more than 28,500 employees and consistently delivers effective solutions to over 300 companies including Fortune 1000 clients spanning verticals such as: banking and financial services; insurance and healthcare; life sciences; manufacturing, retail, distribution and logistics; media, entertainment, leisure and travel; energy and utilities; public sector; and independent software vendors. Please visit http://www.igate.com for more information.
iGATE Corporation is listed on NASDAQ under the symbol "IGTE."
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About Business Outcomes
iGATE's industry-first Business Outcomes-based approach focuses on the realization of tangible and measurable results, unlike traditional models which are driven by work, effort, time and manpower. By integrating technology and processes in a proprietary way and pricing services on results, iGATE exchanges fixed costs for a variable cost structure in an attempt to get clients to 'pay for results only' while enabling them to adjust to the peaks and valleys of their demand.
Prabhanjan Deshpande "PD"
Corporate Communication and Media Relations, iGATE
Regional media contacts
SOURCE iGATE Corporation