The Hindu Business Line : Sapient bullish on TRM space

Hyderabad, Aug. 7 The global trading and risk management (TRM) business covering capital markets, financial services, and commodities business is on a rapid growth path, opening up a huge opportunity for specialised technology and consultancy services providers.

Sapient is bullish on the opportunities in the TRM space and believes that the Indian market too has grown in size. “The TRM related market opportunity is pretty fragmented with many players contributing to this growing space. There have been trends that point towards vendor consolidation as customers, particularly hedge funds, demand a single services provider,” according to Mr Chip Register, Global Head, TRM Practice, Sapient.

Providing insight into the emerging business opportunities in the TRM space, Mr Register said: “the global trading and risk management (TRM) market is extremely large with most analysts sizing the market to be in excess of $30 billion. However, some estimates peg it at about $100 billion. This is a rapidly evolving segment in the local India-specific TRM market, which is roughly $2 billion today and has potential to represent a significant portion of total global demand.”

The number of hedge funds has grown from about 1,000 to 5,000 in the US alone in the last 2-3 years.

The same is the case with players in the commodities market. They all need to have best TRM practice to ensure that their technology is aligned with what the business requires.

To address this, Sapient has evolved a unique business model that integrates business strategy, processes, technology and capital investments while providing consulting services in the TRM space.