Global information technology company 3i Infotech Limited has launched its BPO operation in the heartland of Middle East. Obviously, the allure is the multibillion-dollar Mutual Fund industry of Bahrain. The center will also target fund accounting service in other areas of Middle East and African mutual fund sector.
The sector seems to be poised with buoyant growth and estimated to triple its Asset Under Management by 2010. Surely, banking, insurance and capital markets have always been the strongholds of 3i Infotech, formerly ICICI InfoTech. ICICI is the largest private bank in India.
3i Infotech probably is the only IT player with both software expertise and knowledge in asset management fund. 3i has the who’s who of client list under its belt, some of them are Credit Suisse, Bahrain Pension Fund Commission, Barclays, Lloyds TSB, Citi Group, DSP- Merrill Lynch Investment, Deutsche Bank, ING Asset Management, Prudential Unit Trust, First Gulf Bank etc. Truly an enviable client list.
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