CRISIL Ltd, which claims to among the leading global analytics companies, has reportedly set up an office in Bogotaì, Colombia in order to “provide its clients, including global investment banks, asset managers and private equity firms an efficient solution for nearshoring critical operations and services across North America.”
As noted in the update shared with CI, CRISIL Irevna Information Technology Colombia S.A.S., the new unit “has commenced operations.”
This is CRISIL’s second base in Latin America after Buenos Aires in Argentina.
Says Amish Mehta, Managing Director & CEO of CRISIL:
“The Bogotá office enhances our global delivery model that offers domain-led research, risk, technology and data analytics solutions across time zones, and significantly augments our ability to service our North American clients.”
CRISIL is said to be one of the world’s leading providers of credit ratings, data, research, analytics, and solutions.
Through the Bogotá office, CRISIL will aim to “offer a range of solutions to its clients spanning equity and credit research, risk management, assurance, data analytics, ESG and sustainability.”
Having a base in Bogotá will also help CRISIL benefit “from Colombia’s ongoing growth and development.”
Says Priti Arora, Global Head of Capabilities, CRISIL:
“In addition to a favourable geographical location, Colombia possesses a workforce of experienced and highly skilled financial and technology professionals. By integrating that deep talent pool into CRISIL, we are creating an efficient channel for our North American clients to supplement internal capabilities, outsource key functions and move their value chains closer home.”
CRISIL is an agile and innovative, global analytics company “driven by its mission of making markets function better. ”
They are India’s provider of ratings, data, research, analytics and solutions.
They claim that a “strong track record of growth, culture of innovation” and global footprint sets them apart.
They claim to have have “delivered independent opinions, actionable insights, and efficient solutions to over 100,000 customers. CRISIL’s businesses operate from India, the US, the UK, Argentina, Poland, China, Hong Kong and Singapore.”
CRISIL is majority owned “by S&P Global Inc., a provider of transparent and independent ratings, benchmarks, analytics and data to the capital and commodity markets worldwide.”