Chennai-based Sundaram Business Services (SBS), the BPO arm of Sundaram Finance Ltd, today announced its foray into the UK BPO market, the second biggest BPO market in the world after the US. It may be noted that the company recently entered the Australian BPO market.
SBS will offer niche services in areas such as fund accounting and equity research support to mid-sized accounting firms, broking houses & hospitality companies that have an outsourcing requirement of 10-50 seats. There are around 3,000 accounting firms and the company believes that there is a huge potential to be tapped, said the company in a statement.
Going forward, SBS will expand its service offerings for the UK market to include CFO support services across various industry verticals as well as provide back office support for the financial services industry, such as application and claims processing for insurance companies and loan processing for mortgage companies.
SBS is already in talks with potential customers in the accounting space.