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Insigma announces it will speak at the annual SIG Global Sourcing Summit to be held March 30 – April 1 in Savannah, Ga. The Sourcing Interest Group’s annual summit is known for bringing together the top minds in sourcing to discuss issues and best practices. “The SIG Global Sourcing Summit is the premier industry event for thought leadership about strategic sourcing, and Insigma is very proud to be one of the presenters at this year’s summit,” said Peter Nag, Managing Director and Head of FSI at Insigma US.
To strengthen their competitive advantages, companies today are turning to game-changing models and new services locations. However, determining which critical processes to outsource to a strategic partner, choosing the geographic location, aligning the services with strategic objectives yet not losing control are both an art and science. Albert Ma, Vice President of Information Technology at State Street Corporation, and Peter Nag of Insigma will share insight into these issues as well as global destinations and their differentiated value, managing the trade-off between flexibility and control in governance, and how a collaborative relationship can accelerate innovation, manage risks, and enable flexibility. They will also discuss how Insigma and State Street moved beyond an outsourcing solution to address business challenges and forged a collaborative relationship that transformed State Street’s facility in China to a high-end R&D center delivering innovation to State Street.
“We are pleased to be a member of SIG and a presenter at the upcoming global summit,” said Nag. “It is an honor for Insigma to be a member of a community of the world’s top outsourcing leaders such as IBM, Infosys, HP, and ACS.”
About SIG
Sourcing Interests Group (SIG) is a membership-driven organization comprised of sourcing and outsourcing professionals. Members are focused on improving bottom-line performance, quality and customer service through strategic sourcing/procurement and outsourcing initiatives. SIG is acknowledged by many as a world leader in providing an ongoing forum and services to assist companies in strategy development, the improvement of goods and services sourcing, and the implementation and management of corporate services through outsourcing, offshoring, insourcing and shared services.
About Albert Ma
Albert Ma, Vice President of Information Technology at State Street, joined firm in Hong Kong in 1982. He managed the IT department of Global Trade Banking prior to relocating to Boston in 2000. As a Global Product Manager in GTB, he was responsible for a number of banking products and actively supported the sales and marketing effort in the US. He was the first employee relocated to Hangzhou, China, in 2003, acting as the Chief Information Officer of State Street’s Hangzhou office. He worked very closely with Zhejiang University professors to grow the Hangzhou office as a core offshore development center for State Street. He relocated to Boston in 2007 and continued to support the growth of the Hangzhou office remotely. Albert holds a Master degree in Technology Management from the University of Queensland and an MBA from the University of Hull. He is an Associate of the Hong Kong Institute of Bankers and is a Certified Computer Professional with the British Computer Society UK.
About Peter Nag
Peter Nag, Managing Director and Head of FSI at Insigma US, is a senior executive in Investment Banking with over 20 years of experience effecting transformation across divisions and geographies in the financial services sector. Peter brings extensive relationships and deep operational knowledge to form profitable alliances at the CXO level. An expert in program management, business process reengineering, resource optimization, KPO/BPO/ITO, expense management and business continuity, Peter works across geographies including India, China, Singapore, Australia, EMEA and Latin America. At Citigroup and Lehman Brothers, he led teams that set up global hubs across business divisions and spearheaded some of the largest business transformation and outsourcing deals. Peter chairs forums representing the Financial Services sector in consortiums, conferences, and investor calls worldwide. He holds an MBA and graduate degrees in management and engineering from Wharton/Penn Engineering, University of Pennsylvania and Rensselaer (RPI), Troy, New York.
http://www.sourcinginterests.org/i4a/pages/index.cfm?pageid=4638
BOSTON–(BUSINESS WIRE)– Vantage Partners (http://www.vantagepartners.com) announced today the publication of a new study, Managing Offshoring Relationships: Governance in Global Deals, which reveals the significant impact of cultural differences on the value achieved in offshore outsourcing deals.
Study participants answered questions about their organization’s most significant offshoring relationship in which they are significantly involved. The research includes both customer and provider quantitative and qualitative data gathered from more than 400 companies from all regions of the world.
Key findings include:
“Many customers and providers recognize that cultural differences impact the value they achieve in their offshoring deals,” says Robert Williams, Chairman of Insigma HengTian Software Ltd. “However, companies struggle to manage those differences. This study points to the potential for organizations to capture substantial increased value from their offshoring relationships — if they invest in understanding and enabling more systematic and collaborative approaches to managing cultural differences.”
To download the full study, go to: http://www.vantagepartners.com/uploadedFiles/Offshoring_Study.pdf.
About Vantage Partners, LLC
Vantage Partners leads the field of relationship management, building on more than 20 years of research and consulting experience with the world’s leading companies. A spin-off of the Harvard Negotiation Project, Vantage Partners helps customers and providers enter into, manage, and (when necessary) remediate working relationships. Vantage works with clients on specific transactions, as well as on enhancing their institutional capabilities to make effective negotiation and relationship management a repeatable process. For more information, please visit www.vantagepartners.com.
Insigma is proud to be selected in the Leaders category for The 2010 Global Outsourcing 100 service providers list held by International Association of Outsourcing Professionals(IAOP)
IAOP will publicly release company names in alphabetical order for The Global Outsourcing 100 Providers and the World’s Best Outsourcing Advisors on February 15 at The 2010 Outsourcing World Summit®. Rankings will be unveiled when the list appears in the May 3 issue of FORTUNE® magazine in a special advertising feature produced by IAOP, which will be published, along with a new series of sub-lists, on IAOP’s website www.outsourcingprofessional.org
About the Global Outsourcing 100 Lists:
The Global Outsourcing 100 and its sub-lists are essential references for companies seeking new and expanded relationships with the best companies in the industry. The lists include service provider and advisory companies from around the world that provide the full spectrum of outsourcing services — not just information technology and business process outsourcing, but also facility services, real estate and capital asset management, manufacturing and logistics. They include not only today’s leaders, but also tomorrow’s rising stars.
The World’s Best Outsourcing Advisors is geared specifically to companies that are outstanding global outsourcing advisors and consultants. In addition to being part of The Global Outsourcing 100 main list and sub-lists, the new list of advisors ranks the top consultant, legal and related advisory firms globally, and is a valuable reference tool for companies needing expert advice and guidance with their outsourcing projects.
Each company selected for The Global Outsourcing 100 will be recognized in spring 2010 in a special advertising feature in FORTUNE® magazine’s FORTUNE 500 issue with its company name, a statement of its services, and Web site address. FORTUNE has a worldwide circulation of over one million and a readership in excess of five million.
Insigma US is proud to Sponsor the Gartner Outsourcing & Vendor Management Summit on September 14th to 16th in Orlando, FL.
“As companies are looking for new ways to control costs while improving quality and productivity, outsourcing IT needs to China is quickly becoming an imperative for companies in all industries,” said Hongfei Huang, chief executive officer of Insigma US, Inc. ”The advantages in leveraging China’s highly-educated people, superior technology infrastructure, and business-friendly regulations and policies, makes outsourcing with Insigma the intelligent choice for savvy IT leaders.” - Silver Sponsor, Gartner Outsourcing & Vendor Management Summit ,2009
About Gartner
Gartner, Inc. is the world’s leading information technology research and advisory company. We deliver the technology-related insights necessary for our clients to make the right decisions, every day.
From CIOs and senior IT leaders in corporations and government agencies, to business leaders in high-tech and telecom enterprises and professional services firms, to technology investors, we are the indispensable partner to 60,000 clients in 10,000 distinct organizations.
Through the resources of Gartner Research, Gartner Executive Programs, Gartner Consulting and Gartner Events, we work with every client to research, analyze and interpret the business of IT within the context of their individual role.
Founded in 1979, Gartner is headquartered in Stamford, Connecticut, U.S.A., and has 4,000 associates, including 1,200 research analysts and consultants in 80 countries.
The International Association of Outsourcing Professionals (IAOP) in association with FORTUNE® Custom Projects presents the 13th edition of its world-renowned conference series – The Outsourcing World Summit February 15-17, 2010 at Disney’s Yacht & Beach Club Convention Center in Lake Buena Vista, Florida.
Among world-wide outsourcing companies including Infosys,Accenture, IBM, etc, Insigma will be one of the sponsors for this event, also Insigma will take this chance to exhibit company’s opportunities,mission and vision.
This event is designed for outsourcing executives from across the industry and around the world who are seeking the very latest insights and ideas. Educational sessions deliver specific actionable solutions to current challenges faced by experienced professionals. Case studies feature actual experiences and the lessons learned, feature new ideas, approaches and opportunities.
The International Association of Outsourcing Professionals® (IAOP®)
With more than 100,000 members and affiliates worldwide, IAOP is leading the effort to transform the world of business through outsourcing. Our client-side members are, on average, responsible for $60 million per year of outsourcing spending with some overseeing outsourcing programs in the billions of dollars. Eighty-five percent of customer members credit IAOP for improved outsourcing outcomes at their companies – making it the one source you need for outsourcing success!
http://www.outsourcingprofessional.org/content/23/154/1099/
