Omnitech introduces Market Data Services
2011-07-21Omnitech has introduced Market Data Services for Investment Banks. The company in its new offering will provide end-to-end services including Control Management, Commercial Management, Technical Support and Special Projects to investment banks.
Atul Hemani, MD & CEO, Omnitech InfoSolutions Ltd., said, "Market Data Services in the current global financial scenario have emerged as a high priority need for the capital markets and its regulators. In this backdrop, adoption of technology aligned with Market Data Services has resulted new opportunities to serve the rising demand. The rationale behind launching Market Data Services is to identify the emerging needs and devise a comprehensive set of services to address the pain areas of availing market data. It is important for investment banks to organize Market Data Services aligned with Information Technology and if it is not carefully addressed, it can cost the financial and regulatory ramification."
Ajay Kotkar, CEO Asia-Pacific and Global BFSI Practice Head, said, "Based on our initial success in assisting some of our clients in this space (for both India and Far East markets), we have made significant headway in establishing this as one of our mainstream service offerings. We also see that with the constant demand in the financial services industry in this space, we have positioned ourselves to be a perfect 'Transformational Partner' as we provide the holistic end-to-end services to our clients."
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