DPC Data opens Manila facility

Source: DPC DATA

Keeping pace with growth in its global outsourcing business, DPC DATA today launches a state-of-the-art facility in metropolitan Manila.

A leading vendor of securities data, DPC DATA also provides offshore data management services. The new location offers enhanced capacity for data processing, strategic knowledge process outsourcing (KPO), and custom IT development.

The gala opening reception today will include a ribbon cutting ceremony with Director General Lilia de Lima of the Philippine Export Zone Authority.

DPCDATA (Philippines) is a subsidiary of DPC DATA, in partnership with Noypips One of the early companies to perform middle- office securities industry outsourcing in the Philippines, DPCDATA (Philippines) combines expertise in global securities markets data with rigorous data quality standards, and the talent of highly educated, English- speaking employees.

"Julius B. Gorospe, president and CEO of DPCDATA (Philippines), brings an exceptional track record in technology-based outsourced services. In addition, he has recruited an outstanding team of professionals for this operation," said Peter Schmitt, CEO of DPC DATA. "Over ten years, our outsourcing business has grown, quietly and organically, as customers have asked to take advantage of the offshore processing engine we established for managing our own data. Today, as our business attracts new clients from a variety of industries, we are proud to open this new facility."

Mr. Gorospe is a prominent business advisor and entrepreneur in the Philippines. In addition to serving as a government advisor for foreign investments, he created the Sequelnet/Infocom network in 1995; co-developed eMAXX, a fixed-income information service now owned by Lipper, a Reuters company; and was co-founder of a major call center catering to US, UK and Australian firms. He holds advanced degrees in computer science, and an MSE in technology management from Penn Engineering and the Wharton School.

"The great advantage of the Philippine workforce is its compatibility with Western culture, and expertise in standard American business practices," said Mr. Gorospe. "Our partnership with a well-established, experienced firm such as DPC DATA creates an outstanding opportunity for Wall Street firms and other companies to access offshore resources with a familiar US firm managing the relationship."

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