Softcell Technologies recognised as the best partner of Check Point for second consecutive year
Softcell Technologies, a leading IT services company providing end-to-end system integration services, said that it has received the “Best Partner of the Year Award” for the western region from Check Point Software Technologies at the recently concluded Check Point Partner Sales Kick-off 2011 event in Goa.
This is the second consecutive year Softcell has won this award. The award is significant in that Softcell, a silver partner of Check Point, received this award ahead of many gold partners of Check Point who have been in the security services business for long.
Softcell’s certified technical support team specialises in providing expert Check Point consulting, integration, and technical support services to customers. “This is the second consecutive year that Softcell has been named best partner of the year for the Western Region and we are honored to be selected again,” says Sunil Dalal, managing director of Softcell. “This award reflects our dedication to delivering consistent, high-quality security services to our customers.” The Check Point Best Partner Award confirms Softcell’s commitment to key partnerships with industry leading companies like Check Point and to providing consistent and high level of integration skills and technical support services to our customers.
Bhaskar Bakthavatsalu, regional director-India & SAARC at Check Point Software Technologies said, “Check Point Partner Awards is instituted to recognise and honour our channel partners on their expertise, loyalty and business commitment. At Check Point, we are fully committed in providing our partners the finest business and development opportunities in the information security domain. We also ensure that our partners remain successful and profitable while marketing, selling, and implementing our solutions. Softcell Technologies is one among our loyal and dedicated partners, we are pleased to be associated with them and wish them success in achieving more accolades in the coming years.”
Sunil Dalal adds that “Softcell is a trusted IT security advisor and solution partner to Customers who have a need of securing their IT network and in that role we ensure we have a team that is capable of providing the best possible solutions for data and network security including the ones from Check Point’s suite of data protection and encryption products.”
Softcell’s solutions around security services includes audit of security infrastructure and firewall and infrastructure support services to help companies proactively support and manage their perimeter and network security. Softcell has a team of technical support engineers who are Check Point-certified engineers and are technical experts in firewalls, VPNs, and endpoint security.
Founded in 1989, Softcell is headquartered in Mumbai and have offices in Delhi, Pune, Hyderabad, Bangalore and Chennai.
Expect selling pressure at the Nifty level of 5,600
Give its schemes the go-by. There are many other fund houses with a long track record to pick from
It looks like mutual fund (MF) investors are spoilt for choice, with more and more players springing up. An addition to the already crammed space of MF players is Union KBC, a joint venture between Union Bank of India and the Belgian KBC Asset Management Group, where Union Bank has a 51% stake and the other 49% is owned by KBC. Union KBC is launching a liquid fund scheme and equity scheme. From the second year, it may make a foray into offshore funds.
Union KBC Equity Fund, an open-ended equity scheme would allocate 75-100% of asset in equity and equity-related instruments, including equity-linked derivatives with medium- to high-risk profile. It would further invest up to 25% of assets in debt and money market instruments with low- to medium-risk profile. The fund will be benchmarked against the BSE 100 Index.
Union KBC Equity Fund will be managed by Ashish Ranawade, chief investment officer. Mr Ranawade was with Unit Trust of India (UTI) from April 2006 to July 2010 as head of PMS with the responsibility for portfolio performance and business strategy. Between September 2005 and April 2006, he was with ING Investment Management as head of PMS. From June 1994 to September 2005 he was with UTI in various capacities as fund manager, analyst and head of PMS.
Should you invest in Union KBC’s schemes? Already confused investors will now be more confused, trying to choose from the array of products, which are similar in nature. Figuring out the best for them might be a task! And choosing an altogether new fund house is one of the biggest risks, as you don’t have any past performance to compare. Fund manager Mr Ranawade may be experienced, but two of the fund houses that he has worked for are not exactly known for a great investment record.
Thus, for any investor, taking a decision to invest in this fund is not very difficult—there are better and well-proven options available.