Credit Suisse opens centre in Pune
Credit Suisse has opened its third Centre of Excellence (CoE) in Pune. The
other two are in the US and Singapore. This step builds on Credit Suisses
plans vis-à-vis global outsourcing to tap talent and maximise the efficient
use of the banks resources. The centre in Pune will support the banks
business operations across 50 countries. It plans to hire 1,500 staff over the
next 18 months.
The bank has signed a two-year contract with Wipro Technologies that covers
lease of premises, and the provision for various outsourced technical services
related to banking functions such as IT, operations, and front-office analytics
and finance. The CoE is expected to be operational by January 2007.