Press Release – Gravitas, a leading provider of business consulting and technology solutions to the alternative investment and financial services industries, announced today the launch of Gravitas Knowledge Process Outsourcing (KPO).

Gravitas KPO services provides alternative investment managers with access to advanced analytical and technical skills supporting core front office functions of investment research, risk management and investor relations. KPO clients will be able to leverage Gravitas’ model of integrating people, processes and enabling technology to meet the competitive demands of today’s market.  These services were previously only used by the largest hedge funds and sell-side firms.

“Today’s fund managers face fierce competition and are working to address the business challenges of  raising capital, managing costs and productivity of  the firms’ most valuable front office resources  and overall improvement of fund performance,” said Gravitas CEO Jayesh Punater. “Our clients can take advantage of our alpha additive services provided through bundled technology, economies of scale, and the efficiency of our dedicated teams in the US and India.

The company already has several KPO clients from alternative asset management firms and is in pilot discussions with several other potential clients.

Gravitas will offer KPO services through a new business line, headed by Steven Richard in New York. Knowledge Process Outsourcing compliments Gravitas’ current suite of services, which includes business consulting services, software development and system integration.

Editing by Alex Akesson