Copal Partners expands operations to South AmericaJuly 28th, 2008 - 3:03 pm ICT by ANI
New Delhi, July 28 (ANI/Business Wire India): Copal Partners, one of the world’’s leading financial research companies, today announced that it has expanded its operations in Argentina and is doubling the employee strength to 25.
This move will help Copal further increase the contribution of the Argentina centre to its worldwide presence.
From a strategic perspective, the Argentina centre is very well located for clients based in the East and West Coast of the US requiring increased time zone overlap - thus allowing Copal to meet customer demands in real time.
The six month old centre in Argentina is Copal’’s sixth global office - the company also has a presence in the US, UK, Dubai, India, and Mauritius. Copal has built up a strong reputation for its global company and sector coverage - it covers over 1,000 companies across the US, Europe, the Middle East, India, China, and South America.
The centre in Argentina is run by a mix of Indian and local management, and Copal expects to further grow the centre over the next 12 months. Buenos Aires, with its cosmopolitan setting, offers an excellent talent pool and strong infrastructure, thus allowing for the centre to rapidly expand.
Commenting on the announcement, Rishi Khosla CEO, Copal Partners said, “Since its inception in 2002, Copal has grown at an exponential rate of over 200 percent year-on-year. We have been able to sustain this growth due to our long-term focus. We have always provided our customers with solutions to meet their growing needs, and the expansion of the office in Buenos Aires is a significant step forward in this direction.”
The rapid expansion of the Argentina centre is indicative of the emerging trend among major Indian companies to expand their operations into Latin America and the promise that the region holds for further growth.
Copal Partners has approximately 1,000 professionals and over 40 clients, including several global bulge bracket investment banks, equity research firms, hedge funds, private equity funds, consulting firms and Fortune 500 corporations.
Copal has become the largest independent provider of financial research and analytics and dominates the Investment Banking market with over 80 per cent market share in the third party analytics segment.
Copal recently was ranked #1 for outsourced Investment Research and Analytics by the Black Book of Outsourcing 2008. (ANI)
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