Capgemini Introduces Leading Reference Data Management Application for Securities and Capital Markets

Business Wire, March 11, 2008

New RDM services deliver Accurate, Responsive and Transformed data management for the Capital Markets back-office

NEW YORK -- Capgemini, one of the world's foremost providers of Consulting, Technology and Outsourcing services, today announced the launch of its Reference Data Management offering. The solution is dedicated to back-office support for Securities and Capital Markets firms at FIMA 2008 in New York City starting on March 11(th). Building on its BPO with Business Insight value-adding service, the purpose of Capgemini's RDM BPO offering is to provide accurate, responsive and transformed data management for the Capital Markets, essential to sustaining a competitive advantage in Securities and Capital Markets and maintaining a firm's ability to stay current with compliance demands such as MiFID (Markets in Financial Instruments Directive), SEPA (Single Euro Payments Area) and Sarbanes Oxley.

Capgemini's RDM services include Reference Data Management BPO services, Reference Data Integrity Services and Data Analytics, and span across all reference data asset classes and types. The service suite is designed to reduce risk, lower costs, and improve data breadth and quality. The service differentiates itself from other "niche" solutions by combining the leverage of Capgemini's global Financial Sector Consulting with the global experience of a Tier 1 BPO service provider operating globally in 33 languages. This unique combination in tandem with Capgemini's BPO Rightshore([R]) global delivery model results in a high-level data management approach for Financial Services clients.

"By leveraging our extensive experience with trading systems, prime brokerage applications, asset management systems and investment banking tools, we have created high-level strategies that address each element of the data management lifecycle," said Ed Merchant, vice president North America Capital Markets Lead Capgemini Financial Services SBU. "These strategies are designed to reduce costs, improve the quality and breadth of data and increase its accuracy, resilience and timelines."

Capgemini's Financial RDM BPO offering is part of its Knowledge Process Outsourcing services portfolio that includes other vertical BPO applications such as Investment Research (for Financial Services customers), Master Data Management (for Manufacturing customers) and Engineering Services BPO (for Aerospace customers). This portfolio of services is part of Capgemini's overall global BPO services, which also includes Finance & Accounting, Customer Care & Intelligence, Procurement, and Management Assurance Services (Sarbanes-Oxley compliance). Capgemini has been successful in RDM services by drawing upon its in-depth knowledge of business processes, rules and regulatory environments within Financial Services.

"When outsourcing to Capgemini, the first thing customers notice is our emphasis on reducing risk and the flexibility and scalability of our approach," says Saleel Nair, Head of RDM Practice, Capgemini BPO. "This is reflected in the fact that we customize the service scope, delivery models and governance to address the needs of individual clients. At the same time we bring in strengthened controls, process visibility, and continuous improvement as a standard delivery philosophy."

About Capgemini

Capgemini, one of the world's foremost providers of consulting, technology and outsourcing services, enables its clients to transform and perform through technologies. Capgemini provides its clients with insights and capabilities that boost their freedom to achieve superior results through a unique way of working - the Collaborative Business Experience - and through a global delivery model called Rightshore[R], which aims to offer the right resources in the right location at competitive cost. Present in 36 countries, Capgemini reported 2007 global revenues of EUR 8.7 billion (approximately US$12 billion) and employs over 83,000 people worldwide.

More information is available at www.us.capgemini.com.

Providing services to clients worldwide in 33 languages, Capgemini's expertise is recognized in Business Process Outsourcing (BPO) with a solution portfolio that spans Finance & Accounting, Customer Care & Intelligence, Procurement, Assurance Management and Knowledge Process Outsourcing services. As part of Capgemini's Rightshore([R]) delivery network, more than 6,000 BPO professionals provide the best service in the best place 24/7, according to each customer's needs, from onshore, nearshore and offshore centers located in Australia, Canada, China, India, Poland, and the United States.

For more information please visit: http://www.capgemini.com/services/outsourcing/bpo/