Trianz Inc., a consulting, information technology and BPO services provider in the insurance space and Vee Technologies, a BPO services provider based in Bangalore, India announced a memorandum of understanding to create a Financial Services BPO.

“We see a continued evolution of client expectations from their partners,” says Sri Manchala, president and CEO of Trianz. “In that we see an opportunity to institutionalize our client experience, knowledge and leverage teams to add value in new spaces. This partnership will also help Trianz expand its BPO capabilities from Sales Operations into Finance Operations.”

Vee Technologies has a processing experience of over $30 billion over the past eight years, and nearly $8 billion worth of transactions on an annual basis. The Trianz-Vee JV will offer BPO services primarily in financial accounting and transaction processing to customers worldwide, specializing in AR, AP, credit, collections, time and expense management, bank reconciliations, customer/vendor follow-ups and GL maintenance.

“We have always focused on offering world-class standards of quality in the financial transactions processing space,” says Chocko Valliappa, CEO of Vee Technologies. “Trianz brings a strong business perspective and focus on business results. Our joint BPO services will bring greater value to clients in terms of envisioning business outcomes and reconfiguring business operations in an outsourced format to reduce cycle time and improve efficiencies for our clients.”

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