Top 30 Financial KPO

Companies in India

by Avadhut

in Financial Firms
Contents [hide]
0.1 What do you understand by KPO?
0.2 Why to Outsource to KPO?
0.3 Financial KPOs are a good place for MBAs, CAs, and CFAs
0.4 Benefits associated with outsourcing of work with KPO
0.5 Financial KPOs in Mumbai
0.6 Financial KPOs in Pune
0.7 Financial KPOs in Bangalore
0.8 Financial KPOs in Delhi, Noida, Gurgaon
0.9 Financial KPOs in Chennai
0.10 Financial KPOs in Hyderabad
0.11 Did I Forget Anything?
1 Start Your Successful Finance Career in 2019

What do you understand by KPO?

KPO, which I believe every one of you is aware of his Knowledge Process Outsourcing,
which in general terms means outsourcing some knowledge-based work of the
organization to be done by any third party in consideration for some pay.
This knowledge-based work is mostly technical in nature which requires specialized
skills and the person or team should be analytical in their approach.
In general, India is considered to be the major hub for KPOs along with China, Ireland,
Israel, and Russia. It is also said that approximately 70% of the KPOs work is outsourced
to Indian companies. The apparent reason being
It is also said that nearly 70% of the KPOs work is outsourced to Indian companies. The
apparent reason being the availability of technical skill set of engineers, doctors, graphics
and website designers, Chartered Accountants, Architects, Economist, etc. at a very low
cost.
Why to Outsource to KPO?
Organizations tend to use the KPO services when they find it beneficial to them regarding
finance, time, and manpower.
Instead of creating a division for doing the particular work they prefer to outsource the
same since it is more beneficial to them.
Whenever the cost of creating a division for any specific skilled work is more, then the
organization prefer to outsource the same, since they get the same work done more
efficiently, with more skill sets and with better quality at a lesser cost.
For Example, Company wants to have an Excise and Service Tax Division to handle its
Excise and Service tax dealings, returns, official legal works and other legal compliances
about the same:
Cost to the Company
Company needs to hire at least 3 to 4 qualified technical staff out of which one has to be
the division manager
Provide a space for the team to handle the work
Increase in work load of HR (Human Resource)
Increase in MIS reporting of the division
Outsource to KPO
A monthly or annual payment needs to be made and rest all the work of filing, maintaining
and managing the legal requirements are taken care by the KPO. The work is also
conducted offshore at the place of the KPO; only the company is required to send
adequate data for the KPO to do their work.
Financial KPOs are a good place for MBAs, CAs, and
CFAs
If you have a degree in MBA, CA or CFA then Financial KPO is always beneficial for you.
Whether you work for a financial KPO or you, get work outsourced from them, in both the
scenarios you will be in demand.
The very reason being the degree of MBA, CA and CFA are all linked to finance, and the
technical skills which are gathered from these studies are helpful in the work of financial
KPO.
Let us specify each of the professional degrees about financial KPO’s.
From MBA’s point of view:
The degree of MBA (Master of Business Administration) gives you an insight of all the
aspects of business administration whether it is with Human Resource, or with Product
development or with Management or in Finance.
You will be having knowledge of all fields and as such you can be involved in financial
KPO’s.
Maximum people hired in KPO do have the degree of MBA.
As such you can expect to work in financial KPO if you have an MBA degree, and you will
earn more if the specialization is in finance.
From CA’s point of view:
The degree of CA (Chartered Accountancy) is valuable from both the angles, i.e., getting
outsourced work from KPO and also getting a job in KPO.
If you are in practice and have specialization in any specific field, then expect to get some
work outsourced from KPO, and if you are a fresher, you can join them and earn
handsome money.
And of course, you can always change your decision and switch to practice after working
with KPO and having earned sufficient experience for yourself. So it’s always a good place
for your development.
From CFA’s point of view:
CFA means Chartered Financial Analyst, who are specialized in the analysis of financial
securities and derivatives. Also, they are expert in arranging data and creating MIS
reports with the said data. This type of specialized skill is mostly absorbed in financial
KPOs.
If you compare all the three degrees, you will understand that these people are mostly
involved in all the workings of financial KPO whether it is on their payroll or as their
partner.
CA, CFA, and MBA are degrees which provide the skill set for the working that financial
KPOs are involved with, and so it is always a good place for such degree holders.
Benefits associated with outsourcing of work with
KPO
As mentioned if there are risks, there are also benefits of assigning work to KPO and the
organization generally compares the risk and benefits associated with the outsourcing of
any particular function if it finds that the benefits are more than the risk, the work is
outsourced and vice-versa. We are listing herewith few of the benefits of outsourcing the
work to KPO.
Cost effective – Mostly the work associated with KPO are done at a much lower price in
comparison to the cost which the organization would have incurred if it was supposed to
do that same work within the organization.
Work conducted by KPO are mostly technical and as such there are a lot of professionals
attached to the work. We get the work done by a person having specialized skill in that
area thereby increasing the effectiveness and quality of the work.
Organisation also gets the benefit of time zone, since sometimes KPO work in different
time zone as such the organization can utilize the advantage of 24 hrs working.
In my last post, I wrote some basics about KPO career in India.
In this post, I plan to cover top 30 financial KPOs in India
There is no dearth of opportunities for the right person having good skills in KPOs. I have
included the skill set required to get into financial KPOs in India, in my last post.
Please note that this list is based on my research and updated today(February 8, 2016).
Note: Some of the companies are into pure research.
Here’s the list, city wise:

Financial KPOs in Mumbai

1. Sutherland Global Services (Formerly Adventity)
2. Transparent Value India
3. Aranca
4. Integreon
5. WNS
6. Boston Analytics
7. TresVista
8. Axience
9. Netscribes
Financial KPOs in Pune
1. SG Analytics
2. Reval Analytics
3. Eclerx
4. Syntel
5. CRISIL
6. Credit Pointe
7. Verve
8. ValueNotes
9. BNY Mellon
10. Credit Suisse
11. WNS
12. Capital Metrics & Risk Solutions
13. AlgoAnalytics
Financial KPOs in Bangalore
1. Amba Research
2. iGate
3. Brickwork India
4. Axa Business Services
5. Infosys BPO
6. WNS
Financial KPOs in Delhi, Noida, Gurgaon
1. Grail Research
2. Genpact
3. Copal Partners
4. Evalueserve
5. Smart Analyst
6. McKc (Mckinsey Knowledge Centre)
7. WNS
8. The Smart Cube
9. RocSearch
10. Cians Analytics
11. Valorega Research & Analytics LLP

Financial KPOs in Chennai

1. Irevna
Financial KPOs in Hyderabad
1. DE Shaw
2. Deloitte
Whatever be the risk or benefit with sharing work with KPO organization have their set
and pattern of decision making and in current scenario most of the overseas jobs are
outsourced to KPO’s working in India, China, Israel or Russia since the cost of getting the
work done through KPO is beneficial to the organization

Did I Forget Anything?

There you have it, 30+ financial KPOs in India.
I spent at least 10 hours on this post, scouring the web for every KPO I could find.
Even so, I’m sure there are a few that I missed.
Or maybe there’s one on the list that you disagree with.
Either way, leave a comment below!