Date:21/09/2004 URL: http://www.thehindubusinessline.com/2004/09/21/stories/2004092101750700.htm

Back Progeon eyes knowledge services space

Our Bureau

Bangalore , Sept. 20

PROGEON, the business process outsourcing subsidiary of Infosys Technologies, is foraying into the knowledge services space, to provide financial services to investment banks .

The knowledge services offering from Progeon includes equity research, credit analysis, fixed income research, bond analysis, economic analysis, industry analysis and company analysis for investment banks.

The CEO, Mr Akshaya Bhargava, said at a press conference that the companywas in various stages of discussion with potential clients.

"We have spent last few months studying the market and doing some pilot work to understand the market. The first customer should be on board shortly and we also expect to begin hiring the domain specialists very soon,'' he said.