No matter how much I promise myself that I will blog as often as possible and inform my audience about various things including Axience, general business environment, global financial services, outsourcing and some fun stuff, it always becomes a promise far from being kept. Let's try again!
Axience
We have been doing well, getting enough attention amongst potential clients, partners and potential employees. The fact that securitization industry initially, then global financial system and now entire economy is going throuh a rough patch does make things difficult for us albeit it gives us an experience which will be very useful in better markets. Over last few months we have increased breadth and depth of our service offerings and clients. Our initial clients are satisfied and have put faith in us by giving repeat work and renewing contracts. We have expanded into areas such as investor mapping, client and market intelligence, investment research, pitch books, bespoke reports for government sector. Our clients now come from UK, France, India, Germany, Netherlands and last but not the least India where we are doing some very interesting work for global as well as Indian clients.
Other significant development include appointment of Mr. Nitin Mehta as a Director at Axience. Nitin currently runs CFA Institute in EMEA and has about 20 years of work experience. His profile is available at http://www.axience.com/about_bod.htm.
We are constantly looking for clients who we strive to create significant value for and if you are one of them then feel free to call me at 3 AM in the morning (well if you really want to do that you may want to check out the time zone I am in given the travel I have been doing these days ;).
We are also looking for partners as well as investors. Please feel free to seek more information.
Most importantly we are always looking for top of the class professionals.
Securitization industry
Last 12 months have been unheard and unseen for financial services industry and most people blame securitization industry for that. Securitization is a process of pooling receivables of varied types and doing magic on them so that they become capital markets tradable products ie securities of some form. I personally belive that there is no issue with the financial engineering behind securitization and it will come back soon. I may be reiterating the wishful thinking which I observed during Global ABS 2008 conference in Cannes among various participants but fact remains that there is little chance we can (and we should not) do away with such an important and until recently widely used funding, capital relief and arbitrage tool. Another interesting thing which I noted during conference at Cannes was number of law firms and army they came with. Some people are cerainly laughing their way to bank in this market. Overall conference was amazing, weather was finest possible in spite of rains and shower warnings and I would like to express my gratitude to IMN organizers and one of our precious client for inviting me and my colleague to the conference. Possibly we will have our own booth there next year.
India
Yes stock market is down, money seems to be drying up, there are rumours of banks as well as offshoring firms laying of but the country seems to be on its' own adrenalin and there are no lack of opportunity. I will start posting some intersting news regularly (good and bad) to give readers some ideas of what is happening in India.
Travels
In last six months I have done professional travel to several places and have been more in the air than on ground (well okay its a bit of exaggeration). I have put my feet to some new countries and have made at least one trip to London and Paris every month, got to see the blue lagoon in Iceland, did Middle East, went to various cities in Germany, US as well as to Budapest and Prague. Most of it for business but after all its enriches the experience. With all the travels I do get some good stories to tell and some not so good ones such as missing flights bagages and once even passport in Paris. As a result I now have an Indian passport made in Paris which was given to me in record six hours time. Salut!
Movies
Lots of them - mostly in flight - watched 21 which is an interesting story of MIT Kids beating las vegas casino system and outsourced which is (surprisingly) well done satire on outsourcing. And Singh is King and Jane Tu...
Books
Red the recent book from the author of Kiterunner - a thousand sins - and the book made me realize the while I was growing up in rather safe and secure environment Laila was going through the extreme circumstance a human being can experience. It was shocking to think that all this happened in last 25 years! Amazing book! hits hard!
Till next time.. hopefully sooner this time else I will outsource my blog to a Robot in "Second Life" - what is the exchange rate between Linden dollar and USD? visit http://secondlife.com.
Hemant Jain
CEO, Axience
www.axience.com
+91 98671 60611
+44 7515 641 602
+33 6 14 06 46 93
hemant.jain@axience.com
Showing posts with label Outsourcing. Show all posts
Showing posts with label Outsourcing. Show all posts
Wednesday, August 13, 2008
Monday, May 14, 2007
The Axience Blog
Welcome to Axience!
I am a late starter in blogging but I plan and promise to make it up for the delay. The Axience Blog is going to cover variety of topics in the business world and will also give you a sneak pick in to what life at Axience is all about.
Axience provides Business Intelligence and Outsourcing services firm. Our services are delivered in the form of consultancy services for specific issues or more long term relationship for database subscriptions or turnkey outsourcing solutions. It focuses on High end business intelligence/consultancy and outsourcing services and derives its’ strength from the knowledge of the European markets and an onshore/offshore model to exploit cost and talent availability arbitrage.
Our core expertise is in Financial Services market but we plan to grow by both increasing our penetration in our focus industries and by entering new industries and geographies.
The firm has been founded by Hemant Jain, who most recently set up and managed India offices of a business intelligence firm where he hired, trained and led a staff of 90 people. The India centre was responsible of managing proprietary business intelligence databases of top global investment banks and delivered several business intelligence reports to clients who include COOs, Business Managers and Head of Strategy at these banks. Prior to that, Hemant worked at Morgan Stanley’s securitization division in London as Associate. Hemant holds an MBA from the HEC School of Management, Paris and an engineering degree from the Indian Institute of Technology, Bombay. He has also worked with Schlumberger Industries at their Paris office before his MBA and speaks French fluently.
In next few days, I will be updating this blog with what I have been up to, where is company heading and who are our clients. So till then stay tuned.
I am a late starter in blogging but I plan and promise to make it up for the delay. The Axience Blog is going to cover variety of topics in the business world and will also give you a sneak pick in to what life at Axience is all about.
Axience provides Business Intelligence and Outsourcing services firm. Our services are delivered in the form of consultancy services for specific issues or more long term relationship for database subscriptions or turnkey outsourcing solutions. It focuses on High end business intelligence/consultancy and outsourcing services and derives its’ strength from the knowledge of the European markets and an onshore/offshore model to exploit cost and talent availability arbitrage.
Our core expertise is in Financial Services market but we plan to grow by both increasing our penetration in our focus industries and by entering new industries and geographies.
The firm has been founded by Hemant Jain, who most recently set up and managed India offices of a business intelligence firm where he hired, trained and led a staff of 90 people. The India centre was responsible of managing proprietary business intelligence databases of top global investment banks and delivered several business intelligence reports to clients who include COOs, Business Managers and Head of Strategy at these banks. Prior to that, Hemant worked at Morgan Stanley’s securitization division in London as Associate. Hemant holds an MBA from the HEC School of Management, Paris and an engineering degree from the Indian Institute of Technology, Bombay. He has also worked with Schlumberger Industries at their Paris office before his MBA and speaks French fluently.
In next few days, I will be updating this blog with what I have been up to, where is company heading and who are our clients. So till then stay tuned.
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