New Data Integration Practice Empowers Financial Services Customers To Leverage Their Data Assets
Headstrong, Wall Street''s premier financial services consulting firm, today announced an enhanced partnership with Informatica Corporation (NASDAQ: INFA), the world''s leading independent provider of data integration software. The partnership initially formed in 2000, has grown through the Informatica INFORM partner program and now aims to enhance Headstrong''s suite of financial offerings - particularly risk management and compliance-focused consulting services - with increased dedicated resource and expertise around Informatica''s technology.
“We are pleased to broaden our risk management and compliance-based consulting services with Informatica''s data integration platform. This partnership combines Headstrong''s best-of-securities-industry expertise with Informatica''s immense data management know-how,” said Nagesh Mehra, Managing Director in-charge of Headstrong''s risk management and compliance vertical.“We see Informatica as a strategic core technology, with significant value-addition to our client engagements in financial services. Together, our companies form a potent force to tackle the varied and complex data management challenges the banking community faces today, given the environment of increased regulation.”
As regulations increase, organizations need to be able to access, integrate, and trust their information assets to be able to increase operational efficiency, improve service and security, and enhance reporting on performance and compliance.
According to Harry Gould, senior vice president, Worldwide Alliances, Informatica, “Strong partners like Headstrong play a pivotal role in ensuring that financial services customers are able to manage their risk and compliance challenges. As the current global financial crisis has demonstrated, a failure to manage risk can have widespread impact and serious consequences for the business. Informatica and Headstrong are working together to help drive customer success by helping them leverage their data assets through a powerful combination of Informatica''s leading data integration technology and Headstrong''s industry expertise.
Informatica is working with Headstrong as a partner to leverage its deep domain expertise and leading industry position in financial verticals that, in addition to risk management and compliance, include listed derivatives, reference data, wealth and asset management, prime brokerage and mortgages. Headstrong''s financial services team comprises of over 1,250 domain and technical experts who have worked for the world''s largest investment banks and are based across the US, Europe and Japan, as well as at offshore centers in India and the Philippines.
As part of the announced partnership, Informatica and Headstrong have initiated a series of customer outreach events and webinars to discuss the impact of new regulations in risk management, compliance and regulatory reporting, and how Headstrong''s services, coupled with the Informatica suite of products can be leveraged to mitigate regulatory risk. For more information on the webinars and events visit www.headstrong.com.
About Headstrong
Headstrong is a global consulting firm focused on the financial services industry. With revenues around $180MM, Headstrong''s model of specialization in the financial industry has yielded sustained year-on-year growth in earnings and profitability. Headstrong has a proven track record in business, domain and technology consulting and outsourcing to top-tier banks, and has been a consistent member of the FinTech list of 100 top financial technology services vendors. It offers product and services expertise across verticals like listed derivatives, reference data, wealth and asset management, securities financing and prime brokerage. Headstrong has development centers in India and the Philippines, and is, in particular, recognized as the largest financial services consulting firm in the Philippines.
Note: Headstrong is a registered trademark of Headstrong in the United States and in jurisdictions throughout the world. All other company and product names may be trade names or trademarks of their respective owners.
Contacts:
Headstrong
Kaitlin Dufton, +1-212-553-9510
info@headstrong.com
or
Informatica
Corporation
Deborah Wiltshire, +1-650-385-5360
dwiltshire@informatica.com
