Offshore Development Center for BFSI industry corporations

The business environment today is disseminated with intense competition, global expansion, regulatory compliance, security issues and increasing customer maturity. The challenging business situation makes it imperative for BFSI organizations to align IT with their business objectives. Consequentially, global BFSI corporations are faced with the incessant demand to affiliate with IT service providers.

The decision to associate with an IT provider leads to the next task, the right selection of the offshoring partner. BFSI corporations look for IT partners with a vision beyond the projects in silos and a long-term value proposition that enables them to reach their business goals faster.

Extended Enterprise Model

ITC Infotech’s Extended Enterprise Model translates Offshore Development Centers (ODCs) into virtual extensions of our customers. The mandate of our model is to create a shared strategic vision and invest jointly in the partnership value. As an extension of this perception, our contribution in the partnerships progresses beyond the conventional customer-vendor engagements. Our extended enterprise engagement approach and partnership-based ethos are the key differentiators of our ODC Model.

The basic value elements underlying the foundation of all our partnerships are:

	Share risks
	Invest proactively in infrastructure, manpower, skills
	Offer complete relationship structure flexibility
	Invest effort in domain understanding and business alignment
	Provide continuous senior management sponsorship
	Assign dedicated teams that imbibe client vision, culture, goals

Strategy for ODC Services

Strengthened by the pool of trained resources, time-tested processes, and well-designed infrastructure, we offer a powerful value proposition. With state-of-the-art communication facilities and robust infrastructure, our ODCs provide 24x7 services that replicate our customer’s development environment.

ODC relationships contribute to more than 70% of ITC Infotech’s annual revenues. The fact reflects our strategic focus, organizational commitment and ODC service quality.

ODC customer base

Our long-term ODC relationships with several Fortune 500 companies are rapidly growing and delivering high returns to the customers. The experience has helped us master the science and art of creating an ODC from scratch.

The details of some of these ODCs are given below:

Security management at ODCs