ING may shift IT jobs, back office to India

By siliconindia staff writer   |   Monday, 27 October 2003, 08:00 Hrs
Printer Print Email Email
NEW DELHI: In what could be the biggest outsourcing job, Dutch financial powerhouse ING Global is working on a project to shift its backoffice and IT-related jobs to India, reports an Indian daily.

The project, which envisages a gradual increase in outsourcing to India for all the financial businesses of the Dutch major, is currently being given final shape in the chairman’s office at ING’s headquarters in Amsterdam.

Sources told the daily that a team of executives is liaisoning with senior officials of ING’s India operations to estimate the proportion of backoffice and IT services that can be outsourced for its worldwide business from India this year and the savings that would accrue from the shift.

The team is reporting directly to the chairman, Ewald Kist.

Besides, backoffice operations, software services from Wipro and Infosys are almost certain on the cards.
The only issue being addressed in this regard as of now is the magnitude of purchases to be made. ING Global board member A R Kan was in India last month. (Source: Economic Times)

Wipro opens third industrial
IT major Wipro Ltd on Thursday opened its centre of excellence for Industrial Internet of Things (..
Facebook denies cyber attack
Facebook ruled out a cyber attack on its products Whatsapp, Instagram and Messenger, which suf..
Google's Gboard gets offline
Google is adding an Artificially Intelligent (AI) offline dictation feature on its Gboard keyb..
IBM announces programme
n a bid to recognise the contribution of developers in the open source community, Information ..