Envestnet Asset Management mulls own technical staff park.

Economic Times (New Delhi, India), January, 2007

Byline: Joe A. Scaria

Jan. 23--THIRUVANANTHAPURAM: US-based wealth management solutions major Envestnet Asset Management, which has its software systems team operating out of Thiruvananthapuram, is weighing the option of having its own park in the Kerala capital.

Envestnet senior vice president Babu Sivadasan said here that the company was steadily increasing its headcount in Thiruvananthapuram and that an exclusive IT park was under consideration. Envestnet presently has 165 staffers here and 170 employees based in the US.

The company, which offers a unique wealth management platform for major financial institutions including ING Financial Network, Northwestern Mutual and Cain Waters and Associates besides leading financial advisors, had...

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