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by on August 14, 2015, No Comments

Sundaram Business Services bags three

Sundaram Business Services, the BPO subsidiary of non banking finance company Sundaram Finance, has received a three year deal from two accounting firms in Australia.”Sundara ray ban sunglasses m Business Services has bagged three year BPO (business process outsourcing) deals from two Melbourne headquartered firms relating to back office Pension Fund Administration services to be delivered out of Chennai facilities”, the Chennai based company said in a statement on Wednesday.”Both these several decades old accounting firms have a strong presen ray ban sunglasses ce across Australia”, the statement said without disclosing the name of the Australian companies.Sundaram Business Services, from its offshore BPO facilities in Chennai and Mumbai, offers back office services in Pension fund administration, accounting, lending and portfolio management as well as hospitality, it said.”We expect two more such deals in the near future in the Pension Fund Administration space. Our plan is to hire 100 peopl ray ban sunglasses e with an accou ray ban sunglasses nting background within the next quarter for our back office operations for the Australian customers”, Sundaram Business Services chief executive Rajesh Venkat said.In addition to these two multi year deals, Sundaram Business Services also bagged two more deals for back office services in the portfolio management and unit registry space, both from Australian firms, the statement noted.The Australian market contributes to over 50 per cent of Sundaram Business Services overall BPO business and the company expects to double its business from Australia in the next three years, the statement said.

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