Category: Business World

List of Companies in the Financial Analytics Space

Modern organisations are massively transforming their finance function by leveraging data and applying advanced statistical and ML techniques. Hence, finance analytics is slowly becoming an integral part of businesses across industries as the enterprises strive to improve decision-making within the finance function of their organizations.

Although the number of vendors offering data analytics services has significantly increased over the last few years to meet the demands at the enterprise level, there is no major consulting firm offering explicit finance analytics services.

The whole big data and analytics software and services market is fragmented and we can broadly divide it into the following categories: KPO firms (Genpact, TD Synnex, and Telus International), Consulting firms (Deloitte, Mckinsey & Companys, PwC, EY, and KPMG), Software companies (Celonis, UiPath, and Tellius), and Boutique firms (Mu Sigma, Fractal, and Tiger Analytics).

Consultancies that can help you change the fortunes of your organization by providing finance analytics services.

When it comes to choosing the right data analytics solutions and services provider, it is a very crucial decision for any organization. Since, only a handful of players specialize in financial analytics domain, the decision becomes all the more difficult. To help you choose the best consultancy, we have put together the list of top contenders in this space, all of which belong to the boutique firms’ category:

1) Mu Sigma: Powered by an entirely new art of problem-solving, Mu Sigma can help to transform your business by utilizing the potential of financial analytics. The company offers a range of scalable revenue models and financial algorithms to help its clients analyse multiple financial variables in a complete and holistic manner. Further, the company help clients throughout the cycle of data engineering, data science, and decision science which makes it a credible name in the financial analytics sector.

2) Lingaro: Lingaro has found a prominent place in Gartner Peer insights which speaks volumes about the credibility of its Data Analytics services. The firm is a preferred innovation partner of Fortune 500 companies and thanks to its excellence in financial analytics, it continues to remain one of the dominant forces in this category. Along with financial analysis, Lingaro offers breakthrough solutions in the domain of supply chain analytics, consumer analytics, digital marketing, and data strategy consulting among others.

3) Fractal: Fractal offers AI-driven Data Analytics solutions to companies across product categories and service domains. Specifically in the financial analytical space, the company help clients in actuating agility and achieve revenue growth by improving forecasting and applying intelligent automation. The company excels in cognitive research and offers credible solutions in the domains of ratio analysis, operating profitability, and inventory turnover.

4) Latentview Analytics: Latentview Analytics can be easily considered a one-stop solution for all your needs related to Financial Analytics and allied solutions. The company offers a wide range of services that include offering unified data partnering solutions, ecosystem development, business outcomes analysis, and analysing working capital models. Further, the platform offers expert solutions for a wide range of categories including business analytics, consulting servicing, data engineering, and digital solutions among others.

5) Altair: To help companies excel and see a clear picture on the financial front, Altair offers a constellation of analytics services based on AI and ML technologies. The clients of the company can choose from a range of services that can help them to better manage the overall financials, fiscal forecasting, credit risk, and ROI. Further, customized solutions such as predictive sales, client profitability, and cash flow analytics help clients enhance shareholder value while delivering superior experiences to customers through cost optimisation and reduction in inventory turnover models.

6) Aays Analytics: Aays is a boutique AI & data consulting firm which specialises in democratising data science and ML in the corporate finance space. The company partners with global conglomerates having large, complex data footprints and help them contextualise their data science journey with a deep functional focus. Since its inception in 2018, it has solved some of the most complex business problems faced by fortune 1000 and fast-growing companies in the world utilising big data, cloud computing, and AI/ML. Backed by a strong management team with IIT/IIM background and over a decade of industry experience with Fortune 100 companies, Aays Analytics has been featured in the 2022 list of top data science providers in India by Analytics India Magazine (AIM) and has been rated as the top 5 fastest growing companies in this space.

7) Polestar: The experienced team at Polestar make excellent use of data integration, visual modelling, and attractive dashboards to help FP&A teams make insightful decisions on many critical parameters such as asset management, liabilities handling, capital gains, EBITDA, and earnings per share (EPS) among others. The company offers a completely guided approach to optimizing cash flow, maximizing revenue, and detecting fraud to enhance the overall profitability and revenue of its clients

8) Tiger Analytics: Known for its global client base, Tiger Analytics has its wings spread across countries and continents. The AI-based solutions offered by the company can help financial leaders to make more realistic and data-based decisions for organizations. Tiger Analytics can offer financial consultancy services for risk management, discrepancies identifications and elimination, and fraud detection and mitigation. Prospective clients can also avail of services such as cost optimisation, ratio analysis, and evaluating investment potential for achieving better results on critical parameters of financial performance.

“ICC-Awards”for Exceptional Performance in Chemical Industry

Mumbai: October 1^st, 2022:Indian Chemical Council (ICC), the apex national body representing all branches of the Chemical Industry in India, today presented the ICC Awards, to companies and for IndividualLife Time Achievement for exceptional performance in various domains of the Chemical Industry.

The awards were presented by Mr. Arun Baroka, I.A.S., Secretary, Department of Chemicals & Petrochemicals, Ministry of Chemicals & Fertilizers, Government of India at a glittering function organised at Hotel Taj Mahal Palace and Towers, Mumbai.

Mr. Bharat Puri, Managing Director, Pidilite Industries Ltd was presented with ICC D. M. Trivedi Lifetime Achievement Award for Contribution to Management of the chemical Industry.

Prof. Vinay A. Juvekar, Emeritus Fellow & Professor, Indian Institute of Technology Bombay received the ICC D. M. Trivedi Lifetime Achievement Award for Contribution to Education & Research in Indian Chemical Industry.

Mr. Vinod Saraf, Executive Chairman, Vinati Organics Ltd was honoured with ICC Lifetime Achievement Award.

Chemical production, storage, and transportation are highly prone to safety-related risks such as fires, explosions, gas leaks, adverse effects on human health and the environment, etc. In order to address these challenges, ‘Training Modules for Safety & Environment in MSMEs’ was launched by Mr. Arun Baroka in the awards Presentation Program. The training modules were designed by ICC jointly with ICT, under the guidance of the Secretary, Department of Chemicals and Petrochemicals, Government of India.

“The past two years have dramatically altered the way we work and interact. It has also seen many businesses pivot and change how they do things. Despite the many headwinds faced during the pandemic, it is encouraging to note that Chemical Industry has done exceedingly well. I am optimistic there is more to come, and I believe that the current pace demonstrates a great deal of untapped potential in the Indian Chemical Industry”, said Mr. Arun Baroka.

Dr Ilham Kadri – CEO, Chair of Solvay Executive Committee & Member of Solvay Board of Directors represented the Global Chemical Industry and spoke virtually from Brussels, Belgium.

The Indian Chemical Industry which is poised to reach USD 300 billion by 2025, is at an inflection point and is certain to grow further in an accelerated manner. “ICC has grown enormously in its stature for its valuable contribution to the Chemical and Petrochemical Industry. ICC’s activities have increased and diversified over the years with top-quality flagship events and world-class initiatives like Responsible Care and Nicer Globe. We are working very closely with the Government of India on various policy matters and have been providing valuable support for taking important decisions. The Production Linked Incentive Scheme (PLI), granting Remission of Duties and Taxes on Exported Products (RoDTEP) rates, and favourable FTA for the Chemical Sector are some of the recent areas where ICC has been closely interacting”, said Mr. Ravi Goenka, President, ICC.

Dr. Prakash Trivedi, an eminent polymer scientist and senior industry professional, also known as the ‘Father of Speciality Polymers in India’ was felicitated at the event for his valuable contribution as Honorary Editor of ICC’s Monthly Journal“CHEMICAL NEWS”.

Mr. Bimal Gokaldas the incoming President of ICC, said that ICC, will continue to work towards achieving sustainable growth of the Chemical Industry in India and would seek the guidance of the Department of Chemicals & Petrochemicals, for finalising the Perspective Plan 2040 for Chemical Industry which ICC is developing in association with McKinsey and the study on Opportunities in Specialty Chemicals.

Earlier in the day, ICC organized its 13th Annual Seminar on ‘RECOGNIZING EXCELLENCE OF PERFORMANCE IN VARIOUS FACETS OF CHEMICAL INDUSTRY’ in Mumbai. The event witnessed the active participation of more than 250 delegates including leaders of the chemical industry, Government officials, and representatives of various consulates in India. Some of the key highlights of the event include the release of the book ‘The Chemical Industry Spectra’ authored by Mr. O P. Goyal, Member of Technology & Energy Expert Committee at ICC. The book gives a detailed insight into the chemical industry and was launched by the Chief Guest of the seminar, Mr.Susanta Kumar Purohit, Jt. Secretary – Chemicals, Department of Chemicals & Petrochemicals, Ministry of Chemicals & Fertilizers, Government of India.

“Government’s push for the economy in the post-pandemic scenario shall have a positive multiplier effect on the chemical industry because of its linkages. Various policies will generate demand for specialty chemicals. It is encouraging to learn that ICC is the only nodal agency in India propagating the principle of Responsible Care®, the Global Initiative of ICCA, which is practiced all over the world wherein the chemical companies voluntarily demonstrate their commitment to improving performance, which relate to protection of Environment, Safety, Health and Security”, added Shri S. K. Purohit, Joint Secretary (Chemicals), Department of Chemicals & Petrochemicals, Government of India.

Prof Anirudda Pandit, Vice Chancellor of ICT, in his keynote address spoke on the importance of Industry-Academia Collaboration and how it will have a positive impact towards IndigenousManufacture many chemicals and Intermediates which are hitherto imported.

Mr. Sudhir Deo Managing Director, NOCILdelivered the Valedictory address and Mr. D Sothi Selvam, Director General, ICC proposed the vote of Thanks.

The list of award-winning companies is given below:

Blue Dart wins the Social Impact Award at the ACEF Asian Leaders Awards for its GoHelp initiative

 Mumbai, 30^th September 2022: Upholding the commitment towards corporate social responsibility, Blue Dart South Asia’s premier express air and integrated transportation & distribution company and a part of the Deutsche Post DHL (DPDHL) Group has been recognized for their efforts towards the GoHelp initiative. The company has won the Social Impact Award at the 11^th edition of the ACEF Asian Leaders Awards, 2022 held in Mumbai on 29^th September 2022 in the category of Best Public Health/Safety Initiative.

Blue Dart’s commitment towards the betterment of the environment and communities has been unwavering since its inception in 1983. As part of its Corporate Social Responsibility, Blue Dart runs various programs for the upliftment of vulnerable, underprivileged, and marginalized sections of the society. All programs are classified under the 3 pillars of Living Responsibility – GoTeach, GoGreen and GoHelp.

On receiving the award, Ketan Kulkarni, Chief Commercial Officer, Blue Dart states, “We are truly humbled and proud to be recognized by ACEF, an accolade that recognizes tremendous team effort to address key societal issues under our Go Help initiative. As an industry leader, we have been consistently reporting on our corporate responsibility performance each year, expanding the scope further to include a higher number of beneficiaries that can be impacted comprising students and young adults from poor financial backgrounds, the hearing impaired, disenfranchised women, senior citizens etc. Blue Dart has partnered with several non-profit organizations in various capacities to run programs that are aligned under GoTeach, GoGreen and GoHelp initiatives. We ensure to continue helping those in need by coming up with new associations and partnerships that will help in impacting the lives of many people.”

Under our Go Help initiatives, Blue Dart associated with St. Jude India Childcare Centres, an NGO working towards filling the vital need of care giving, nutrition and providing shelter to children suffering from cancer. Our partnership includes the funding of 12 units of their childcare centre at Guwahati, Assam. The centre  provides a clean, safe, hygienic place to stay, nutritional support, transportation to hospital for treatment, as well as recreation, education, and counseling to underprivileged children under treatment for cancer. Through this initiative Blue Dart has helped over 3800 cancer affected children and their parents since inception till date. In a recent tie-up with Vision Foundation of India, Blue Dart has aided in successfully completing considerable number of cataract surgeries for the marginalised under the Rashtriya Netra Yagna Project in Rajasthan, West Bengal, Assam, Punjab, Gujarat, Bihar and Maharashtra. Blue Dart also works with HelpAge India and has helped perform over 6500+ cataract surgeries for the elderly till date.

IceWarp Empowers the Health and Pharma Industry with its Secure, All-In-One, and Flexible Solution

New Delhi , September 30, 2022: IceWarp, a leading Email and Collaboration Company has onboarded some of the top pharma and healthcare companies by providing the brands with a clear TCO helping them save costs as well as the comfort of a Secure Email solution for thousands of their work-force. Today, IceWarp is clearly holding a big market share in the Pharma and Healthcare Industry.

Recently, IceWarp has intensified its focus on the Pharma and Healthcare sector as the cloud-based Business Email and Collaboration Suite. The software company aims to optimally deploy the secure, innovative, and integrating features of the solution to help the industry achieve its goals with a more cost-effective solution.

In their efforts to overcome the challenges of the pharma industry, IceWarp has empowered many companies to avoid cyber risk by providing Enterprise Email solutions hosted on their Cloud at a local data centre. The ABM approach combined with the expertise gained over the years while enabling the healthcare sector workforce allowed the IceWarp team to onboard a majority of the leading pharma/healthcare companies as users of IceWarp’s e-mailing ecosystem.

The pharmaceutical industry is one of the most sensitive and knowledge-oriented industries in the world. The significance of the security, trustworthiness, and ease-of-use of any solutions deployed for the brands from the vertical becomes crucial. IceWarp is known to deliver seamless and secure communication solutions which are cost-effective. It has evidently helped several healthcare companies to guard against malware attacks powered by CISCO antivirus and anti-spam software along with 2-factor authentication. Along with that, IceWarp has also understood the email requirements and analysed the user-pattern for each level and department, enabling them to provide hybrid and highly customized solutions that exist effortlessly in the company’s IT eco-system. Some of the trusted clients of IceWarp include Sun Pharma, Alkem Laboratories, Unichem Laboratories, Cadila Healthcare, Cachet Pharmaceuticals, Akumentis Healthcare, and many more.

While speaking about the growth of IceWarp in Indian pharma and healthcare market, Mr. Pramod Sharda, CEO, IceWarp India & Middle East, said “As a brand that thrives to extend affordable, seamlessly integrated, secure and an All-in-One Emailing solution to businesses of all sizes, we sure are glad to have helped a majority of the leading pharmaceutical and healthcare companies in India with our hybrid-deployments and we help them save TCO with our Pay for what you use model. Our experience and understanding of the industry domain and their needs suggests that adopting IceWarp’s solution can add value to the healthcare sector’s existing infrastructure by realizing the advantages of the security parameters in real-time, that were not easily accessible to implement earlier as well as prove to be an indirect economic aid with our hybrid deployment’s cost-effective nature.”

IceWarp, a one-window-for-all collaborative Email Suite delivers innovative communication tools in a cost-effective yet secured way. With its secured solution, it helps to avoid cyber risks, secure confidential & sensitive data, and manage domains to avoid email spoofing and malware attacks. Moreover, our solution is powered by CISCO Antivirus & anti-spam, and 2-factor authentication, making it highly trustworthy among the sector. Their unique ‘Hybrid Deployment’ combines IceWarp with any email server the brand currently uses and runs it side by side, on one domain, acting as one, looking as one for everyone outside of the company. The robust platform offers a leading edge to the Pharma & Healthcare sector.

Besides authenticated security, IceWarp also provides all-in-one solutions like Cloud based Email, cloud storage, online documents, real-time collaboration, Data Loss Prevention (DLP), Team Chat, File Sharing, Desktop Apps, and Conferences.

Check Point MIND Announces new partnership with training vendor Monnappa K.A.

New Delhi, September 30, 2022 – MIND – Check Point Software’s learning & Training organization announced a new partnership with training vendor Monnappa K.A, providing customer and partners the ability to advance their skills in cyber defense with two new training courses.

Hacking Point training programs are expanding with the addition of two new training programs by Monnappa K.A. As of September 2022, customers can begin purchasing Malware Analysis training as well as training for Threat Hunting Using Memory Forensics. All new courses are offered remotely and taught by a virtual instructor.

The Malware Analysis training guides students through a 2-day hands-on training in which they learn the concepts, tools, and techniques to analyze and to determine the behavior and capability of the malware.

The Threat Hunting training teaches the techniques to investigate and hunt for malware using memory forensics. Learners are introduced to the topic of Windows internals, and techniques to perform malware and Rootkit investigations.

Monnappa is the author of the bestselling book “Learning Malware Analysis”. He is the creator of Limon Linux sandbox and winner of Volatility plugin contest 2016. He is the co-founder of the cyber security research community “Cysinfo“. His fields of interest include malware analysis, reverse engineering, memory forensics, and threat intelligence. Monnappa has presented at various security conferences including Black Hat, FIRST, SEC-T, 4SICS-SCADA/ICS summit, DSCI, National Cyber Defense Summit on various topics including: memory forensics, malware analysis, reverse engineering, and rootkit analysis. He has conducted training sessions at Black Hat, BruCON, FIRST (Forum of Incident Response and Security teams), SEC-T and 4SICS-SCADA/ICS cyber security summit.

Monnappa K.A services are redeemable with CLCs – Cyber Security Learning Credits. CLCs are used by Check Point customers everywhere to invest in their training and Cyber skills development.

MIND – Check Point’s learning and training organization will continue to partner leading training organizations in the industry to deliver innovative cyber content through certification training, gamified learning opportunities, online courses and more.

Delhi based known astrologer Dr. Acharya Vinod Kumar Ojha’s Timeless Contribution in Astro field Being Recognized by British Parliament, London

National, 30 September 2022: One of the most acclaimed and renowned astrologers from India, Dr. Acharya Vinod Kumar Ojha, made the country proud as he was honoured with the ‘Certification of Excellence’ of WBR by the British Parliament on 28th September 2022, for his matchless contribution in promoting Astrology and Vedic Science. The award was presented by Honourable Virendra Sharma of the British Parliament, England, in a ceremony conducted by WBR to honor the exceptional work done by individuals in different verticals.

On winning the Award, Dr. Vinod Kumar Ojha said, “I am delighted for this recognition at the prestigious WBR event, which celebrates and awards excellence. I want to make everyone aware of astrology and how it can transform one’s life. It is the love of you all, that allows me to work towards creating a benchmark in the field of astrology and Vedic science.”

53 Cafe House, among the Top spots in Patna for lively dandiya evenings and Navratri celebrations

53 Café House, long known for its event celebrations across the calendar round the year, cherished Dandiya Night in the city. Garba or say, Dandiya performances are being held in different cities and towns as part of the ongoing Navratri celebrations. But the special aesthetic and added flavors of the fest specially picked by smart event planners make 53 Café House stand out in the rush.

After Ganesh Mahotsav, the city, Patna is anxiously getting ready for another happy holiday celebration, but Navratri has already begun, and Patna, one of the cities that own the festival, is decked out and prepared like never before. The Garba dance and the dandiya raas are among the nine nights of “Navratri” for many people. Both of these techniques are done as part of the ceremonies throughout the nine-day celebration there, and each has its own religious importance. City revelers and dance enthusiasts may now experience the thrill of dancing and celebrations as Navratri has returned to its traditional shape after the long covid hiatus at the most loved & instagrammable spot of the city, 53 Café House.

On the occasion, Syed Aabish Hassan, the owner of the café house, said the idea behind celebrating these festivals & celebrations is far more than merely taking them as café events. But the real idea is, such events lead to cultural exchange, interactions of different cultures happen at such an event, and this is beautiful. Additionally, he also asked the city to get ready for the exhilarating event and cheer the sound of Dandiya with soulful music at 53 Café House.

53 Café House is unquestionably among the top event celebrators in the state’s capital backed by Eventoss Entertainment Pvt. Ltd, one of the top creative agencies pioneering Eastern India with its array of projects & distinguished deliverables.

TIAMO x Chef Vicky Ratnani at Conrad Bengaluru.

Celebrating culinary artistry in its truest form, Conrad Bengaluru brings an exclusive menu curated by celebrity chef Vicky Ratnani. This limited menu is crafted by Chef Prasad Metrani, the Director of Culinary Conrad Bengaluru and Chef Vicky Ratnani, expressing their love for all things fresh and flavourful.

An a la carte menu, TIAMO X Vicky Ratnani XOXO will house exclusive Italian Californian dishes. Paying homage and celebrating local agroecology and produce of India, the menu embraces concepts and ideas by Chef Vicky and Chef Prasad, further integrating sustainable practices. Bringing together the elements where food is celebrated for its rich yet exquisite flavours, the menu crafted seeks to create a sense of uniqueness. The new dining concept consists of flavourful combinations worth devouring.

This thoughtfully curated menu will be available for guests from 5^th – 9^th October 2022 during lunch and dinner. The exclusive 5-day menu will combine recipes that are an amalgamation of rich and wholesome flavours. Blending the element of tranquillity at TIAMO, the hotel’s rooftop restaurant, the menu will include specials such as – Whole Baked Brie, Trilogy of Funghi, River Scampi, Lobster Fra Diavolo, Celery root & Asparagus Tortilla to name a few. TIAMO, is one of Bengaluru’s go-to destinations for sundowners, overlooking the stunning views of the city. Known for its simple yet elegant details, it offers a serene space of comfort and calmness. Situated at the edge of the infinity pool, the al-fresco dining space is perfect to unwind and relish on exquisite delicacies.

Further commenting on the collaboration, Chef Vicky Ratnani said, “I am elated to partner with Conrad Bengaluru and bring this culinary interlude to the gourmands in Bengaluru for the first time. The menu is designed with focus on highlighting fresh local produce of India. I hope the guests will enjoy this distinctive menu as Chef Prasad and I had a wonderful time putting it together.

“It’s been an enriching experience putting together a menu which will house robust flavours and ingredients. We are always on the lookout to create new recipes and dishes, and we certainly are looking forward for our guests to try out our latest. We hope to make their dining experience memorable with flavours and ideas put together by Chef Vicky Ratnani and myself”, said Chef Prasad Metrani, Conrad Bengaluru.

Celebrating food in all forms, the recipes made are absolutely a must try! Enjoy the magic of Chef Vicky Ratnani and Chef Prasad Metrani with an exclusive 5 day a la carte menu, only at TIAMO!

For reservations, guests can call +91 8884463819 or +91 8884400194

Lexicon MILE hosted the ‘International Conference’- Sustainable & Innovative Business Practices

Lexicon Management Institute of Leadership and Excellence which is a part of The Lexicon Group of Institutes has carved a niche for itself in mentoring students in management and leadership roles and shaping futuristic leaders. An institute that believes in providing innovative and robust learning practices hosted the International Conference’, a conference that provided a platform for researchers, academicians, and practitioners to contribute to identifying the latest advances & innovations in sustainable business practices in the digital era. 

A pioneer in management education, Lexicon Management Institute of Leadership and Excellence is committed to ‘Driving Excellence through Collaboration’ via the Lexicon Centre of Excellence vertical. Through their widely appreciated efforts, the institute supports various industries and the corporate world by delivering intellectual insights, training, and development to enhance their overall performance. The ‘International Conference- Sustainable & Innovative Business Practices’was an opportunity for researchers, academicians, and professionals to contribute to the latest advances & innovations in developing sustainable business practices in the digital era.

“Sustainable innovation involves making intentional changes within a company that generate long-term social and environmental benefits while also being profitable. While there has been tremendous development in this concept over the years, we still have a long way to go from a research point of view. This conference will, therefore, help bring forth innovations in addressing those issues while fixing the crevices”, says Mr. Nasir Shaikh, Group CEO of The Lexicon Group of Institute, EduCrack & MultiFit.

The conference provided a platform for individuals to publish their work in several renowned journals, certificates, and an opportunity to interact and build rapport with several international faculties and industry experts. That’s not all, but it also helped me gain insights on several topics as the topics that got covered in the conference were from Finance, Fintech, Media and Entertainment, Marketing, IT, Managerial Communication, Foreign Trade, Retail, Health and Hospitality, Legal and Ethics, and much more. The International Conference received a great response as over 500 research papers from 65 cities across 5 countries were submitted for the conference.

The work around sustainability and innovation in the digital era still has a long way to go, however, through Lexicon MILE’s International Conference, researchers and academicians were provided with just the kind of opportunity and exposure to succeed in the field.