P S Raghavan, CEO, SBSL in a release said that the company was recently awarded a contract from a Indian broking firm to manage its back office transaction processing work. This facility will be a dedicated to the broking firm.
SBS provides accounting services, auto and consumer loans processing, deposit processing and insurance related processing services. It also offers accounts payable services, where it manages over 1 lakh. Accounts payable transactions every year and payroll processing, where it services over 8000 employee payroll records.
SBS has an employee base of over 2,000 people and operates in BFSI vertical. On the overseas front, SBS provides back office support to several Australian clients in the areas of Accounting and compliance and administration of Self-Managed Superannuation Funds. It also has clients in the UK, Singapore and Dubai.