Tech Span India is focusing into BPO services these days. The company has already planned to establish a captive BPO unit in Noida. The basic aim would be to offer transaction processing and support services to its clients.

Tech Span India is one of the major assets management & securities transaction software maker and it is currently focusing on expediting its goal of becoming a billion dollar company by 2010.

The efforts include the plan to increase its revenues from the existing & future contracts. Tech Span top line is growing at the pace of 50% year-on-year.

During year-ending 2005, the company reported service & software revenues of $102 million. Most of the Tech Span’s US &UK-based clients are equipped with their own captive BPOs in India or the Philippines or Outsource it to third parties in either of these countries.

Tech Span India is a subsidiary of headstrong services LLC, an American Company.

Arjun Malhotra, founder and chief executive officer of Tech Span said that most of the investment banks & asset management firms who are using their software would also prefer BPO services to manage their transaction.

The BPO operations will be started at one of the existing locations in Noida and an investment of $20 million has already been announced by the company.