NEW YORK, NY --(Marketwired - March 04, 2014) - Capgemini, one of the world's foremost providers of consulting, technology, and outsourcing services, and leading Enterprise Information Management (EIM) software provider Global IDs announced today that they have formed a global alliance. The alliance will combine Global IDs' unique data management software with Capgemini's vast financial services domain expertise and global delivery capabilities to provide an accelerated solution approach for data management in the capital markets industry. This will enable firms to cut down on the considerable costs associated with updating and maintaining complex, often customized, legacy enterprise data management systems.
"Firms in the capital markets industry are spending more than 17 percent of their IT budget on data management," said Aloke Paskar, Head of Capital Markets, Capgemini. "Our partnership with Global IDs will help capital markets firms establish cost effective data management platforms that provide speed, transparency and consistency."
Through their alliance, Capgemini and Global IDs will help capital markets firms substantially automate the discovery, classification, governance, and analysis of the complex data landscapes in which they operate and help position firms to meet evolving regulatory mandates. Together, the companies will provide one of the most advanced and scalable EIM solutions on the market.
"As the industry moves from an application-centric world to a data-centric world, our partnership with Capgemini brings to the capital markets industry the ability to establish and maintain the highest level of EIM that increases both scalability and efficiency," said Arka Mukherjee, CEO for Global IDs.
As part of this alliance, Capgemini will establish Global IDs Centers of Excellence at all of its Global Delivery Centers.
With more than 125,000 people in 44 countries, Capgemini (www.capgemini.com) is one of the world's foremost providers of consulting, technology and outsourcing services. The Group reported 2012 global revenues of EUR 10.3 billion (more than $13 billion USD). Together with its clients, Capgemini creates and delivers business and technology solutions that fit their needs and drive the results they want. A deeply multicultural organization, Capgemini has developed its own way of working, the Collaborative Business Experience(TM), and draws on Rightshore®, its worldwide delivery model.
About Global IDs:
Global IDs, based in Princeton, NJ, USA provides software for Enterprise Information Management (EIM). Over the last 10 years, Global IDs has provided Data Management Software products to the world's largest companies. Global IDs Master Data Governance Suite addresses the core functional areas for managing enterprise information portfolios. The software has been used in multiple industries including Financial Services, Healthcare, Pharmaceuticals, Telecom and Retail. Leading analyst organizations including Gartner, Forrester and Bloor have recognized the unique capabilities of the technology.