Sundaram BPO bags 'large deal' opens facility

Chennai, Jul 29: City-based Professional Management Consultants (PMC), part of Sundaram Business Services Limited, (SBSL), the BPO arm of Sundaram Finance Limited, has opened a new BPO facility in the city to execute a large deal it bagged from a leading broking firm.

This was the fifth delivery centre of Sundaram BPO in the city and could house around 200 people. SBS also has BPO facilities in Mumbai and Madurai, its first in a Tier II city where it plans to hire 500 employees this year, a company release here said. Commenting on the new BPO facility expansion, Mr P S Raghavan, CEO, SBSL said "this expansion has been necessitated by a large domestic BPO deal from a leading broking firm for whom SBS will undertake back office transaction processing work from this dedicated BPO facility."

SBS has an employee base of over 2,000 people with a strong presence in the domestic BPO market in the BFSI vertical. On the overseas front, SBS provides back office support to several Australian clients in the areas of accounting and compliance and administration of Self-Managed Superannuation Funds. It also has clients in the UK, Singapore and Dubai.

UNI