'The Middle East and North Africa (MENA) region represents a tremendous opportunity for growth,' said Kumar Subramanian, CEO of Adventity. 'Its favorable business climate, highly developed infrastructure and position as a key financial center for the region and beyond combine to make Dubai an ideal choice to base our expansion. Given the opportunities here, Adventity is committed to developing and growing a strong local presence.'

R. M. Sriram, Head - MENA region at Adventity, will oversee the Dubai office with full responsibility for daily operations, business development and client relations.

'Our experience at the forefront of the financial services outsourcing industry in the West and India presents an opportunity to add value to the region's banks and firms through refined, scalable and customized solutions,' said Sriram.

Possessing one of the largest teams of MENA region analysts, Adventity proposes to further scale its global model by partnering with banks, financial institutions and corporations throughout the Middle East and Africa.

The company's Dubai office will provide end-to-end outsourcing services ranging from delivery of custom equity and market research to retail banking analytics and transaction processing, issuance of credit cards and loans to the establishment of customer contact centers.