Advantages of offshore development at Nagpur India

1. Offsite Development Centre
with
at Nagpur

2. Executive Summary
≥ Potential savings of 29% by basing ODC with Harrier at
Nagpur compared to a Vendor in Mumbai
≥ Enabled by emergence of Nagpur as a low cost IT sourcing
destination
√ Easy access to resources
√ Comparatively low cost of living attracting talent back
home
√ Easy access from Mumbai and rest of the country; cost
of travel is almost the same compared to Pune
≥ Strong Domain experience of Harrier and added
advantage
≥ Differentiated models for Development and Maintenance
≥ Success Stories
≥ Innovative Engagement Models
http://www.harriersys.com.

3. http://www.harriersys.com.
Agenda
• Considerations of an ODC
• Why Nagpur?
• Cost advantages
• Demographic advantages
• Why Harrier?
• Management Philosophy
• Experience and Capability
• Facilities
• Case Studies

4. http://www.harriersys.com.
Considerations for an ODC
Availability of resources
Cost
Infrastructure cost
Resource cost
Demographic considerations
Connectivity – physical and technical
Quality of life
Management overhead
Delivery capability

5. Why Nagpur?

6. http://www.harriersys.com.
Talent Availability
30% of the labour
pool in Pune comes
from in and around
Nagpur; they all
want to come back
home!
8 tier-1 and 22 other
engineering colleges
ensure adequate
addition to available
talent every year
This ensures the
attrition levels remain
low @ 8% compared to
15-20% industry norms
in other cities

7. International connectivity thru
Middle East
http://www.harriersys.com.
Physical Connectivity
Daily direct flights to Mumbai (8),
Delhi (4) and other IT hubs
Comparative Costs:
Mumbai – Pune: Rs. 4,500/- (Car)
Mumbai – Nagpur: Rs. 4,400/- (Air)

8. Why HARRIER?

9. Management philosophy
 Focus on key accounts only
 Focus on Quality vs Quantity; Vision is not to be an
Organization with thousands of people or even
hundreds
 Evolution of a new development philosophy -
“Customer intuitive”
 Maintenance & Support using the philosophy “Fix it
once and for all”
 Dedicated Program Manager with more than 10+
years experience
 Option to run a mix mode program (Managed + Staff
augmentation)

10. Agile Development Philosophy
Customer intuitive
-If business knows clearly what needs to be done –> Waterfall
-If business needs to evolve what they really want –> Agile
-Stress on usability – making it convenient for all actors
-Collaborative approach – not build in isolation; build together
-Build for the future – keep flexibility as much as possible

11. Maintenance & Support ("Fix it once and for all")
– Not about SLAs
– Fix once and not have to
redo it again
– Add new features,
enhancements to provide
better value
– Providing new ideas of how
the business process can be
supported better
– Recycle savings in effort to
add more applications to
portfolio
– Optimize resource
allocation; leverage same
resource over multiple
applications

12. http://www.harriersys.com.
Modern facilities with growth potential
• Already operating an ODC for
two clients using MPLS
connectivity
• Physical demarcation between
clients
• Access control to work areas
dedicated to clients
• 5000 sq ft of area available for
expansion
• Dual connectivity for redundancy
o 4 Mbps optic fiber Internet connectivity with backup
o 512 Kbps RF connectivity from a different service provider

13. Case studies

14. I also wanted to take the opportunity to thank all of you for
your hard work on the analytics projects. It was a challenging
project with aggressive timelines but it has been a pleasure
to see everyone step up and do a great job at it. Lets keep
up the good work!
Sonali Dutta, Indigeny, USA
http://www.harriersys.com.
Who are the others we work for
Testimonials
We would like to discuss future potential projects which we
may wish to pass your way as we have been extremely
impressed by the quality and timeliness of the project.
Mr. Andy Williams, Project Manager, GIS Commerce
I would like thank team – Harrier for their hard work . . . .
Mr. Raghavendra Jha, Infodatum, UK
Thanks for the hard work and being so flexible to achieve our
goal. Especially when we are short of one person. We
completed our tasks on time and you all did an excellent job.
Esther Chan, USA
System is Complete. Well Done!!! and Thank you.
Mr. Heriberto A. Cabrera, GoEZLaw.com, NYC

15. Case Study: Kotak Securities
Kotak Securities is one of India’s leading stock broking houses, part of the Kotak Mahindra group
Customer
Requirement
The client wished to have a portfolio analytics and attribution system to monitor the performance of their
various mutual fund schemes and comparison with benchmarks indices.
http://www.harriersys.com.
Solution
Harrier customized it’s flagship product ‘Harrier
Stockpile’ as a portfolio analytics solution with
following key features.
• Group Snapshot shows the overview of
portfolios of selected schemes, at group level,
for a duration. It includes information like AUM,
Returns, P/E, EV/EBIDTA, ROE, Beta, Sharpe
Ratio, Medium Holding, the Average Holding,
Time to Liquidate, No. of stock, Style, Break up
like Large/Mid/Small cap, Cash etc.
• Performance Tracking – Sector/Stock wise
Performance tracking with the benchmark, with
their allocation effect and return. Under/over
weighted sectors
• Peer Group Comparison with AUM return of 1
month to 1Year with their P/E and P/B Ratios.
• Liquidity report calculates and displays the
stock wise liquidity i.e. how long it may take to
liquidate the entire portfolio
Project Details
Technology : Java SWING, Windows sockets, MS SQL Server as RDBMS
Team size: 4 , Duration: 6 months

16. Case Study: Derivium Tradition Securities Front Office System
Derivium Tradition India Ltd. is a top Indian fixed-income securities broking firm
Customer
Requirement
Derivium required an integrated front-office and back-office system to automate their operations end-to-
end, including an intranet and an online quote publishing system for customers to check stock quotes.
http://www.harriersys.com.
Solution
A database driven interactive web-based front
office application integrated seamlessly with the
back-office application.
• Database Sharing: Used the existing
database to save the current Deals. Data
integration and sharing with Back office
system
• PDF Ticket: Deal tickets are generated in
PDF format for printing purpose
• Importing .txt file: Data from NSE in .txt
format is captured directly in database for
mapping of Deals
• Audit Report: Generating daily report for audit
purpose. This is also used for knowing daily
transaction details
Project Details
Technology: MS ASP.Net, C#, MS SQL Server as RDBMS, Oracle 10g
Team size : 6, Duration: 8 months

17. Case Study: Derivium Tradition Securities – dome
Derivium Tradition India Ltd. is a top Indian fixed-income securities broking firm
Customer
Requirement
Derivium required an efficient, reliable and cost effective quotes system for fixed income securities like
Corporate Deposits, sovereign bonds, Interest Rate derivatives etc. with about 1000 concurrent users viewing
quotes published by different users, for different products. Pages are to be refreshed every few seconds to
display latest quotes. The solution replaced the instant Messenger/phone that was in use.
We developed a Web-based 3-tier application to suit the requirements, with 2 sides; a viewer interface
and an admin panel with following key features.
http://www.harriersys.com.
Solution
· Watchlist – User can create a ‘Watch list’ of
securities s/he is interested in from the list of
securities available on various pages, as a
separate ‘view’.
· Authentication – Authenticating the user based
on IP Address along with other parameters and
thus restricting anonymous user.
· Enter/View Quotes – Enables user to enter
and view Market quotes.
· Self refreshing pages – Self refreshing pages
for updating the Market Quotes on the page
every 6 seconds.
· Export to Excel – User friendly way of
exporting the data to an Excel worksheet.
Project Details
Technology: MS ASP.Net, C#, MS SQL Server as RDBMS, IIS 6
Team size : 4, Duration: 4 months

18. Innovative Engagement Models
Offsite development centre over MPLS connectivity
- Secured connectivity
- Keep data and source code onsite
- Team offsite at a reasonable cost location like Nagpur
Revenue sharing for Product development
- Limited upfront investment for product development
- Leverage your brand to market productized financial tools/apps
- Shared risk and rewards
Cost +
- For larger, long term contracts (minimum 20 developers for 1 year)
- Dedicated low-cost development centre
http://www.harriersys.com.

19. http://www.harriersys.com.
Contact Us
United States
2, King Arthur Court.
North Brunswick, NJ 08902
Ph :- 732-658-3376
us@harriersys.com
Nagpur
Shanti Plaza, Shanti Park,
Harihar Nagar, Besa,
Nagpur – 440034
Ph :- 91-712-3296558, 6536728
Fax :- 91-712-2455322
info@harriersys.com
Mumbai
203, Mastermind III
Royal Palms,
Goregaon East, Mumbai
Ph :- 937-310-8007
info@harriersys.com
Thank you!
Please visit us at
http://www.harriersys.com
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