DataArt has once again demonstrated that Russian IT can show a thing or two to its Indian counterparts. At a recently held annual conference in St. Petersburg, Russia, attended by leading U.S. outsourcing experts, Eugene Goland, DataArt's president, announced formation of DataArt Finance, a dedicated group within the company, specializing in servicing financial services and asset management institutions. He pointed that DataArt's consistent growth is largely based on the company's extensive expertise in the financial IT area acquired over the last several years, underlining enterprise application development, system integration and mathematical research as key offerings of the new group.

On day two, representatives of Unisys, Outsourcing Institute and Media First shared their views on the latest trends in global sourcing. Global Leadership Forum, was highlighted with presentations by Oliver Houck of Outsourcing Institute on e-Sourcing Capability Model for Service Providers (eSCM-SP) and Michael Zavileysky, COO of DataArt, on client demands from outsourcing vendors. Mr. Houck reviewed existing models and standards of certification, and pointed that eSCM addresses the entire sourcing process and provides a new method to appraise capabilities and guidance for improvement in IT-enabled sourcing services. Additionally, Judy Arteche-Carr, Executive DIrector of Global Outsourcing and Infrastructure Services at Unisys reviewed best practices in BPO/BPT while Loretta Prencipe, member of DataArt's advisory board, noted the growing interest in the Western media to Russian outsourcing. "Russian outsourcing should not repeat the path of India" stated Michael Zavileysky, DataArt's COO. "Russian providers should continue on their own path: they are ideal for solving complex problems and it has always been our strong selling point."