Navatar Group provides cloud computing and software as a service (SaaS) products to financial firms globally.[1][2][3][4][5] It offers its financial products to clients in more than 30 countries around the world.[1][4] The company was founded in 2004 and has its headquarters on Wall Street in New York City in the United States along with an office in New Delhi, India.[1][3][4][6] Alok Misra and Ketan Khandkar are the founders of Navatar Group and serve as the company's Principals.[1][2][3][4]

History

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Alok Misra and Ketan Khandkar, former employees of Deloitte Consulting, founded Navatar Group in 2004 after noticing a need for the developing new cloud services sector.[1][2][4][6] Early in the company's history, the founders had made Navatar Group partners with Salesforce.com, a leader in customer relationship management (CRM) that also offers global enterprise software.[1][7][8][9]

Navatar Group's initial purpose was to provide CRM services to the small-to-medium business market, and it was the first to offer cloud products for capital markets and private equity on Wall Street.[1][6]

Navatar Group began to shift gears as larger financial firms such as M&T Bank and PNC Bank began to take notice of what it had to offer and began requesting off-the-shelf products in place of relying on internal Information Technology (IT) departments.[1][3][4]

In order to contain costs, the company made the decision to set up sales, management, and support teams for its products in its New Delhi, India, office as the company expanded.[1][4]

Navatar Group's customer base now amounts to over 400 clients in more than 30 countries worldwide.[1][4]

Products

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Navatar Group offers cloud products for capital markets, private equity, hedge funds, fund of funds, mutual funds, mergers and acquisitions, investment banking, real estate funds and corporate development.[1][3][10] Navatar also operates a deal sourcing marketplace for investment bankers and private equity firms worldwide, called Navatar Deal Connect.[1][3][4][10][11]

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References

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  1. ^ a b c d e f g h i j k l "About Us". Navatar Group. Archived from the original on 13 March 2013. Retrieved 12 March 2013.
  2. ^ a b c Donato, Nicholas. "The fund of tomorrow...today". PE Manager. Archived from the original on 2011-10-11. Retrieved 12 March 2013.
  3. ^ a b c d e f Misra, Alok. "Cloud Computing & Salesforce Expands Into Financial Services Firms". Cloud Navatar: Blog. Retrieved 12 March 2013.
  4. ^ a b c d e f g h i "Tech Profiles: Navatar Group" (PDF). Alternative Latin Investor. Retrieved 12 March 2013.[permanent dead link]
  5. ^ "SaaS a 'No-Brainer' for Small Wall Street Firms". Wall Street Technology. Archived from the original on 23 May 2013. Retrieved 12 March 2013.
  6. ^ a b c "Landing on Wall Street with Force.com A Consulting Practice Built in the Cloud". Salesforce.com. Retrieved 12 March 2013.
  7. ^ Salesforce.com
  8. ^ Khandkar, Ketan. "Ten Common Mistakes Architects Make When Building a Force.com Application". Developer Force. Retrieved 12 March 2013.
  9. ^ Crosman, Penny. "Asset Management Firm Moving Apps to the Cloud". Wall Street Technology. Retrieved 12 March 2013.
  10. ^ a b Sarkar, Aurobindo. "Will Accenture & HCL Cloud Computing Be Powered by Navatar?". Cloud Navatar: Blog. Retrieved 12 March 2013.
  11. ^ "Navatar pushing cloud-based technology to provide alternative investment managers with comprehensive data integration". hedgeweek.com. GFM Limited. Retrieved 12 March 2013.