NASSCOM inks MoU with SII

By siliconindia   |   Wednesday, 05 December 2007, 20:30 IST
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Bangalore: NASSCOM the premier trade body of Indian IT industry, has announced the formal memorandum of understanding (MoU) signing with Securities & Investment Institute (SII). The partnership was launched at an industry gathering in Mumbai on 4th December, 2007 and will come into play beginning January 2008. The MoU aims to support, promote and further develop SII qualifications to the Indian IT-BPO industry, in particular to NASSCOM members in India and globally. This partnership, the first of its kind for SII with NASSCOM, will see a set of recommendations for its membership, in the securities and investment industry. Through this association NASSCOM is looking at providing insights and inputs to its members as part of its commitment to raise and visibly assess standards in this growing industry sector, both in India and beyond. Signing the MoU, Kiran Karnik, President, NASSCOM, said, “NASSCOM is pleased to partner with SII. We are looking at this collaboration to maintain the industry’s global standards – now in the fields of securities and investment as well. The industry has very high benchmarks in areas like quality, HR practices, and information security, and we want to continuously raise the bar.” “Through this association, NASSCOM will be formally represented on the SII qualification examination panels which review and develop qualifications and is already seeking potential collaboration on further qualifications for the BPO global market”, he added.