November - 2008 issue > Spotlight: IT Services

By si Team

Headstrong, a $100-million consulting and technology firm headed by HCL co-founder Arjun Malhotra beams of a 26-year plus track record of providing clients with value-based solutions across consulting, application outsourcing, product development and business process outsourcing domains.

The company applies its expertise in business processes and technology across key verticals in the Capital Markets Industry. Headstrong delivers solutions in Business Process Definition, Systems Integration, Application Development, Application Outsourcing, QA and Testing Services and Knowledge Process Outsourcing. Headstrong helps its clients realize value from their business and technology initiatives while leveraging a steadfast heritage (as James Martin + Co) of strong methodologies and global program management. Headstrong’s client base in the financial services industry includes the top 10 investment banks. It provides domain focused solutions across capital markets business areas – Wealth & Asset Management, Prime Brokerage & Securities Financing, Equities (Cash and Derivatives) and Fixed Income (Mortgage Backed Securities, OTC Derivatives and Commodities).

Headstrong applies domain expertise and consulting prowess, with sharp technical acumen, to engagements at every point of the solution chain. Across North America, Europe and the Asia-Pacific, the company assist clients in business operations, technical consulting and local management. Its full-service Global Delivery Centers in India and the Philippines operate seamlessly through Distributed Consulting™ model. Arjun Malhotra, CEO opines,“Both BPO and IT services have benefitted from the financial fallout associated with the sub-prime mortgage crisis in the U.S. The subsequent economic downturn has increased pressure on businesses to lower costs and shed non-core processes”. He expects demand to be sustained beyond the crisis, as companies seek competitive parity in terms of operational efficiency.

Headstrong is headquartered near Washington DC, with a global presence across North America, Europe and Asia-Pacific. In India, Headstrong is represented through its wholly owned subsidiary, Headstrong Services India (P) Ltd (formerly known as TechSpan India). They have recently embarked on an ambitious expansion plan of scaling their 2400-strong work force to 10,000, and $200-million revenue to $500 million by 2010.

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