The Lab is equipped with world-class hardware, software and communication lab and is backed by superb facilities which include 3-tier power backup, 24/7 broadband connectivity, ready pool of multiple Internet and telecommunication service providers, state-of-the-art fire-protection and advanced security system, amenities such as centralized air-conditioning, food court, retail mall, gymnasium, medical clinic and auto-banking. For a quick peek into our resource lab, click here

The Resource Lab provides services catering to the ISV’s growth stage and its product(s).

Offshore Services offered by Cordiant through its Resource Lab for ISVs.

PAISLEY ENTERPRISE GRC

• Engaged with the Customer from 2004 until 2010
• Helped take the product from Vision to Market Leadership
• Deployed in more than 1400 organizations including 30% of Fortune 500
• In the Leaders Quadrant of Gartner Magic Quadrant since 2007
• Acquired by Thomson Reuters in 2009

RUBIKON CORE BANKING

• Product built from the ground up in our Chennai Development Center from 2006 until 2010
• In the Gartner Magic Quadrant for International Retail Core Banking since 2009
• Has pride of place in IBS Sales League Tables
• Strong contender as a new-generation banking solution in the emerging markets
• Successfully transferred the team to Indian subsidiary in 2010 under Build-Operate-Transfer

Traditionally, customers have approached us with a staff augmentation mindset for outsourcing their product development.

This has resulted in us successfully building teams for our customers in as diverse verticals as Banking, Insurance, Governance, Risk and Compliance, to name a few.

Today, we encourage our customers to approach us and say, “Here is the Product Vision, now we want to go to market in ‘x’ months. Cordiant has to take responsibility for everything, including product management and support.”

Welcome to Product Development Services 2.0

Start-ups, Established and Legacy Product Vendors can find a spectrum of services that can be individually tailored to meet their business objectives.

ESTABLISHED PRODUCTS

• Product Customization
• Product Sustenance
• Iterative Design Modifications
• Product Enhancements
• Migration to Cloud and Multi-tenanted SaaS
• Enterprise Mobility
• Test Automation
• Implementation
• Maintenance
• Deployment
• Technical Support

SPEED-TO-MARKET WITH AGILE OFFSHORE

Our value proposition is based on improving speed-to-market and innovation. Employing Agile practices in Development and Testing, we specialize in taking a product from concept to market within aggressively compressed time-frames.

PRE-DEVELOPED SOLUTION ACCELERATORS

Our pre-developed Solution Accelerators can substantially improve time-to-market for our customers. By providing these tested and proven service offerings to our customers, we are also able to deliver to them a much higher level of innovation.

CLOUD AND SAAS-BASED SOLUTIONS

Successfully using Agile methodologies in an Offshore Development setting, we offer Fixed Price engagements for cloud-based, multi-tenanted product development.

ENTERPRISE MOBILITY SOLUTIONS AND THE CLOUD

With empowered employees circumventing the IT organization by purchasing mobile devices (iphones, ipads, android et al) and downloading applications on their own, there is a surging demand from IT organizations for help in managing this mobile device and application environment. We are currently building capability in our India R&D Center in Kochi, Southern India to provide solutions for the cloud-based delivery of mobile applications.

CO-INVESTING IN NEW IDEAS AND PRODUCTS

Cordiant can also co-invest with our customers in new ideas and products.

BUILD-OPERATE-TRANSFER ENGAGEMENTS

The Cordiant Build-Operate-Transfer engagements enable our customers to rapidly start their India Offshore operations, make them sustainable and transfer them as their own subsidiary.

Contact Cordiant

Since 1997, Cordiant has been providing India-based offshore development services to an international customer base.

What started off as simple programming services in 1997 by leveraging labor arbitrage through the internet, grew later into a more mature set of offerings to our global customers.

Today, Cordiant Technologies provides Product Development and Internet Application Development to Independent Software Vendors (ISVs), internet businesses and internet-enabled businesses, using Agile Offshore Product Development practices.

Paisley GRC, now part of Thomson Reuters Accelus, is a recognized leader in providing more than 1400 organizations, including 30% of the Fortune 500, with comprehensive solutions to streamline GRC processes, reduce costs of compliance, manage and mitigate risks, and provide visibility, oversight and assurance. Cordiant has been engaged with the customer from 2004 until 2010 as an offshore development partner and helped take the product from vision to market-leadership.

Rubikon, the next-generation Universal Banking Software, almost exclusively developed at our Chennai Development Center through a Build-Operate-Transfer engagement with Neptune Software plc of the UK, continues to make rapid strides in the marketplace.

While most of our earlier engagements in the Product Development space have been predominantly staff-augmentation, since 2010, we have transformed ourselves into a completely Agile Product Development organization.

New Initiatives

This year, the company has set up a new Center of Excellence in e-Learning within its International Tech Park Office in Chennai, India.

A Center of Excellence in Enterprise Mobility is currently being set up in our Indira Nagar, Kochi, Development Center.

The company has also announced plans to promote an Information Technology Research Park (ITRP) in a green-field site in Kochi, Southern India. The Phase I of the ITRP project, for which land has already been acquired, is expected to be operational in 2012.

With the passing of the Sarbanes-Oxley Act in 2002, many US corporations were faced with new requirements for audit, operational risk and control.  Our customer’s solution then became the leading application used to address the requirements of Sections 404 and 302 in corporate America.

In 2005, our customer released the first-generation GRC solution that combined the functionality of audit and risk management on a single platform. In 2007, our customer again led the market with the releases of the Enterprise GRC solution and GRC on Demand. These comprehensive GRC solutions have six components built on a single data repository – financial controls management, operational risk management, enterprise risk management, internal audit, IT governance and compliance.

Today, our customer is a recognized leader in providing more than 1400 organizations – including 30 percent of the Fortune 500 – with comprehensive solutions to streamline GRC processes, reduce costs of compliance, manage and mitigate risks, and provide visibility, oversight and assurance.

Gartner has positioned our customer’s product in the Leaders Quadrant of its 2009 Magic Quadrant for Enterprise Governance, Risk and Compliance Platforms. As a matter of record, our customer has been holding its position in the Leaders Quadrant since 2007.

http://mediaproducts.gartner.com/reprints/oracle/article92/article92.html

Engagement History & Cordiant Execution

With Federal regulations & SOX deadline, our customer was faced with the challenge of rapidly delivering a product tailored to their customers’ unique requirements within extremely tight timeframes. In essence, a ‘tornado’ approach was required to deliver software solutions to a large number of the world’s top enterprises. Our customer needed to find a reliable and competent offshore partner who would deliver them the advantage of speed-to-market combined with world-class quality.

Cordiant facilitated a quick ramp-up of highly skilled resources for Product Development, QA and Offshore Delivery. Cordiant deployed a 70 member offshore team which functioned as a virtual extension of our customer’s  development team in the United States. Separate teams functioned for core product development and for rapid customization for individual customers. Over time, features were included in the core product to minimize the need for individual customization.

Special efforts were in place at Cordiant to ensure that only highly motivated and superior skilled team players were recruited as part of the team. Thus, our customer got an A-TEAM in India, working as a virtual extension of their team in the US.

Cordiant also provided the customer the flexibility to ramp up and ramp down the team size,  based on the then prevailing demand for resources. This way, our customer benefited from a highly flexible workforce through their relationship with Cordiant.

Technologies used

• J2EE – EJB, JSP, Servlets, Struts
•  Software on Demand, SAAS
• Web Services, SOAP
• JUnit, CACTUS
• WSAD 5.x
• WebSphere Application Server, JBoss
• DB2/Oracle
• Windows/ Linux