Newgen Software Technologies Limited CC-Sep23.pdf · 2023-10-17
Thanks for giving the opportunity and congratulations on great set of numbers. I mean, these are very good numbers typ ical in this environment . Largely wanted to un derstand which parts of BFSI are driving the growth beca use when we see global scenario, I mean, BFSI specifically on the IT spends are challenging. So just wanted to understand what is exactly driving this gro wth in BFSI? Are these big market banks or this small market banks? How to understand them? And what can be the sustainability of this growth that will be important. My second question would be the traction on the trade finance side, last time we were mentioned there are some five to six clients which we have already onboarded in the trade finance part of the piece, and you were looking at some four to five clients this year also. So, what is the update over there? What number of clients or what kind of inquiries are you seeing on the trade finance side and is it higher or lesser than what y ou were previously seeing? That is my second question, and third question was on the BPO IT part of the piece. When I see BPO IT, I mean, it has come down over the last two quarters. So, is it a conscious effort that we do not want to grow this particular part of the business? BPO IT and if so, then what is your success over there? I just wanted to get an understanding around that. So those were the questions.
Sure. That is really helpful. Just to follow up on the deal sizes and you have mentioned that deal sizes are going up for us. So if you can just throw some color as to how are the deal sizes moved in the last 12 months or last 18 months per s e that will be helpful and just a second follow up on the banking side, what are the kind of people or companies that we are competing with while getting these contracts? Just two follow-ups, over there.