| | Capgemini is celebrating
the one year anniversary
of its successful
integration with Kanbay
International, Inc.,
formerly a global IT
services firm focused on
the financial services
industry. Together,
Capgemini and Kanbay
formed Capgemini’s
Financial Services
Strategic Business Unit
(FS SBU), integrating
operations in India,
Europe, North America
and Asia-Pacific.
“We have created a
focused, financial
services group with a
single face and highly | |
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The integration
process officially began
in February 2007. In a
rapid progression of
events, the structure of
Capgemini’s newly
augmented financial
services capabilities
was unveiled in April
and the integration was
completed by year end.
“Together, we have
deeper domain experience
and strengthened global
scope that enables us to
deliver high-value
solutions with
tremendous
efficiencies,” said
Raymond Spencer, CEO,
Capgemini FS SBU. “The | |
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| | formation of the FS SBU
has enabled us to
leverage our synergies
and grow the business
even further.”
With an enhanced
ability to offer clients
end-to-end solutions
that address the full
spectrum of financial
services–client needs,
the close of 2007 saw
significant synergistic
wins for the FS SBU.
“A key contributor to
the success of the
merger was total client
focus of the leadership
teams, powered by a
disciplined project
management approach with | |
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| | a well-planned change
management programme. By
leveraging the combined
relationships, expertise
and experience of the
current team, in 2007,
we gained over 30
clients in several
different continents,”
added Spencer. “And as
even further proof of
the integration’s
success, attrition
returned to
pre-acquisition levels
within three months of
the closing, with 80% of
Kanbay’s leadership team
still at the helm.”
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