Anshin Software keen on setting up KPO in WB

Kolkata, Dec 21: Anshin Software is keen on setting up a Knowledge Process Outsourcing (KPO) centre in the city.

The company is a capital market IT solutions provider with operations in Kolkata.

The state government had allotted half-an-acre land in Rajarhat for its new facility as part of the state IT department's initiative to promote entrepreneurs and SME companies in the state.

Arnab Debnath, president and CEO, Anshinsoft Corp, today said, "We have a growth rate of 25 to 30 per cent. This could rise significantly as we plan to target the domestic market for capital market solutions and enter a new vertical like telecom to offer Web-enabled, flexible and scalable solutions. The KPO centre should start by June 2007. It would develop products and also service them.

"The company, having more than 200 people on its rolls, would also hire more to cater to new verticals and the KPO centre. The centre would deal with the credit management system of smaller US-based Banks.

According to a NASSCOM report, eight per cent of American Bank transactions are currently done in India. This is expected to go up to 30 per cent by 2010.

Anshin Software is also implementing a major project of comprehensive securities trading, back-office system for Nomura Securities International, New York.

Goldman Sachs had also been using the company product for the past three years.

Siddhartha, IT Secretary, Government of West Bengal, said, " We want entrepreneurial companies like Anshin Software to set up base and work for Fortune 500 companies from Calcutta. The land has already been allotted. We had a meeting with around 250-300 Bengalis at the Bangalore IT event who had moved away from the city and are now exploring opportunities to come back."

UNI