Sandeep Presswala former ED of ILFS Investsmart joins Miles management team!
Sandeep Presswala has joined the Miles management as an Executive Director with the responsibility of managing Miles organisation changes in in this new phase of Miles journey to consolidate and grow its position as a leader not only in India but globally, and assist in providing strategic direction, execution focus, mentoring and leadership to accelerate the growth momentum at Miles in its rapid transformation...
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Milan Ganatra CEO, Flying Asset Class collecting Miles
Mumbai: MIlan Ganatra features in the Economic Times - India Emergin Section Article "Flying Asset Class Collecting Miles". The article traces the journey of Milan Ganatra and Miles as it has grown to be a leader in providing Solftware Solutions to the Financial Services space in India.
The Economic Times
http://economictimes.indiatimes.com/
Miles Software Technology sponsor of CNBC Financial Advisor Awards
New Delhi: CNBC-TV18, India's No.1 business medium and the undisputed leader with technology partner Miles Software presented Financial Advisor Empowerment Forum, a platform which provides a fillip to the knowledge database of India’s financial advisors in Delhi today. Speaking on the importance of the forum MD Milan Ganatra provided an insight into Miles focus of enabling Financial Advisors in Identifying and using technology and solutions that are integrated, collaborative and reliable while meeting and exceeding market and business needs. A key challenge in today environment for Financial Advisors.
http://www.afaqs.com/
PE firm Zephyr invests in Miles Software
MUMBAI: New York-based PE firm Zephyr Peacock, which has around $1 billion under management globally, has invested in Miles Software, an IT company providing solutions to the financial services sector. The details of the investment were not known. Zephyr’s India MD Mukul Gulati said the private equity firm was bullish on financial services and education in India.
http://economictimes.indiatimes.com/
Hot Picks from India - Miles Software Solutions Pvt Ltd
What does it do: It provides software solutions to financial services customers. Miles’ flagship product, MoneyWare Integra, is used by wealth management companies for end-to-end operations management, including portfolio monitoring, trade order management, accounting, reconciliation and client regulatory reporting.
Investors: Zephyr Peacock, Lighthouse Funds.
Likely exit: IPO or M&A
Why it is hot: Miles’ institutional customers are becoming more sophisticated and increasingly dependant on technology to manage and streamline operations. “It has a strong market leadership position supported by a comprehensive suite of products. These products allow asset managers to support the growing complexity of financial products and increasing regulatory compliance requirements,” says Mukul Gulati, managing director, Zephyr Peacock India.
http://www.livemint.com/