Partnering with a Global Investment Bank across its Asia Research Function

Client: A Global European Investment Bank

 

Opportunity

 

The client sought to set up a high-performance team to support its Asia research desk, covering stocks across China, Hong Kong, Japan, Korea, Singapore and Taiwan. Additionally, the client wanted to set up an editorial desk capable of handling the complete editorial function for its Asia research desk, comprising native and non-native English speakers.

 

Key Enablers of the Engagement



Quick resource ramp-up
 

  • Deployed a mix of bench and market resources to ensure quick deployment
  • Conducted a rigorous training program to facilitate faster ramp-up
  • Leveraged extensive partner network to identify right talent in onshore locations
  • Faster IT/infrastructure set-up and migration



Quick set-up of a dedicated secure area
 

  • Instant kick-start of support, leveraging CRISIL’s existing infrastructure
  • Seamless transfer to client infrastructure subsequently
  • Robust process adoption



Immediate implementation of client compliance and information security practices
 

  • Quick set-up of governance, MIS and BCP practices
  • Dedicated managerial layer to underwrite quality


CRISIL's Solution

 

CRISIL held detailed discussions with client stakeholders from management, compliance, information security and IT teams to understand the scope of requirements from multiple perspectives, and provided the following holistic solution to the client:

  • Started with a team of 10 from CRISIL's China research center supporting the HK research team
  • Ramped up the team to 20 in six months, expanding support to client teams in:
    • HK, Japan and Korea research desks from our China research center;
    • India research desk from CRISIL's India research center
  • On-boarded associates in HK and Taiwan to support select client teams
    • Four associates in HK and three in Taiwan
  • Set up an editorial desk in India to leverage language capabilities while maintaining costs at optimal levels
    • Three senior editors deployed across two shifts;
    • Handled 100% of the editorial workflow of the client's Asia research team

 

The CRISIL Difference

 

  • CRISIL leveraged its presence across geographies and its extensive partner network to provide the right-fit solution for the client in a compressed execution timeframe
  • Provided Mandarin, Japanese and Korean language capabilities from our office in China
  • Provided onshore support for select senior client analysts in HK and Taiwan
  • Provided editorial support from its offices in India
  • Transferred a seasoned manager from India to China to underwrite quality and impart training to the offshore team

 

Client Impact

 

  • CRISIL partnered with the client across almost 100% of its equity coverage in Asia, freeing up significant time for client analysts to focus on market-facing activities
  • Setting up a high-performance offshore team resulted in cost savings of approximately USD 3 million for the client vs. setting up a similar team onshore

Request for services

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Questions



Looking for high-end research and risk services? Reach out to us at:

 

United States
1-855-595-2100/
+1 646 292 3520

 

United Kingdom
+44 (0) 870 333 6336

India
+91 22 33 42 3000 /
+91 22 61 72 3000