New Delhi, Dec 4: Nasscom, country's premier body for IT software and service industry, today signed a memorandum of understanding (MoU) with Securities&Investment Institute (SII) for supporting, promoting and further developing SII qualifications to the Indian IT-BPO industry.
The SII is the United Kingdom's leading and most widely respected professional body for those who work in the securities and investment industry.
Under the agreement, a set of recommendations for its membership in the securities and investment industry will be framed under this partnership, a statement said.
The partnership will come into play from January next year, it added.
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.
'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,'' said company's President Kiran Karnik.
He will be replaced by Mr Som Mittal as new President of Nasscom later this month.