CRISIL Limited CC-Mar25.pdf · 2025-05-06
Thanks, Rajiv. Thanks for the question. I'll just request everybody who comes up just to also give the name of the organization, that you are representing, just to kind of help us understand. I think GAC, and I think you picked up well, that we had at the last AGM mentioned about the potential to grow business with S&P Global, which we perform as a part of GAC. I think the growth has been seen within GAC, we have seen across the portfolio, right, on surveillance delegations, the support that we do on digital transformation, and the entire work that we do for S&P Global Ratings. So it is, I think, supporting them in their growth journey, also supporting on the technology transformation journey that they embark on. When we come to the non-S&P Global Ratings business that we have, I think the focus there is to play to our strengths, which is largely on the analytical side, research side, areas that we have been able to support them, program management, technology, of course, technology transformation, and data analytics. Areas which are core to Crisil, where we have been able to, you know, we can develop a center of expertise for supporting the other businesses of S&P Global. And work which we have -- which we have been able to do for them in the past business. So that's been the nature of growth that we are looking at driving. And then those are the areas that we are trying to drive, you know, within the group of S&P Global.
So, a couple of things I would say, Rajiv. I think we continue to focus on and looking at the growth segments. And I think both me and Gurpreet, we tried to touch upon some of them. I think it was in the, in the space of asset management, the space of big banks, right, regional banks, I think private market players, I think there are areas of opportunity that we see going forward. And I think we continue to build both our capabilities as well as sales teams to look at building a pipeline, building our presence across these markets to drive growth. I think on the other aspect of Coalition Greenwich as well, I think we are looking at, again, growing regional banks, we are looking at growing the asset management side. So, we have identified areas of opportunity which can help drive growth. That is, and if let's say, the growth turns positive like you mentioned on the global side. I think that will accelerate the journey and the momentum that we are trying to build for ourselves. So, we continue to invest in building presence in offerings as well as on the sales side to make sure that we are able to harness the opportunity as and when it arrives.