• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

T.E. Raja Simhan

Chennai, Aug. 20

Irevna Research Services, a division of Crisil Ltd, which undertakes equity research for foreign clients, plans to hire 200 people .

Irevna today has around 550 people on its rolls, over 500 of whom are professionals. Last year, 153 employees of Irevna appeared for the ‘Certified Financial Analyst’ exam, which according to Irevna’s Co-Head, India, Mr Arghya Banerjee, is the highest number sent by any company to take the course.

Since inception in 2001, the Chennai-based company pioneered the ‘outsourced research’ concept, where it helps large financial institutions to carry out investment research.

It works with global firms in sell-side research (investment banks and independent research houses) and buy-side research (hedge funds and large institutional investors).

Its professionals perform financial modelling and valuation, write initiation reports and earnings notes and undertake thematic research, he told Business Line.

The shortage of professionals in the US and the urgency to roll out products is forcing clients to outsource more research work, he said without giving any financial details about Irevna.

Irevna also has centres in New York, San Francisco, London and recently added one in Argentina.

More Stories on : Human Resources | Financial Services

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
DBS Cholamandalam launches share trading in Kerala

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line