Absolute Realty Blog

Dear Blog Reader, 

My name is Somaiah Staying in Bangalore, India. Before I start writing about  Corporate experience and various situations faced, I would like to share about my background. I have started my career in 1982 in Bharath Gold Mines Limited(BGML) in KGF, India and currently working as a Consultant at C.N.Sonnappa & Associates(Advocates & Consultants) Bangalore, India.  In the near future I would love to share my experience/s in various fields at different locations in India and abroad. 

Since we are in to Construction and Real Estate activities now, intending to give suggestions to individuals/families  about - how to buy a property? how to sell a property? and how to construct a house?.  Also we have a group of Associates who are specialized in Architectural Planning, Interior of Residential & Commercial building,  

Please read my Blog and approach me for counseling and guidance while buying or selling your precious property and get advice before you plan for new construction/s. Happy reading!! 

(Life Member of Computer Society of India & IASLIC, Red Cross Society of India)

Somaiah M.S.                                                

•  Mobile: +91 9845152166, Email: query.absoluterealty@gmail.com

Interests:

- Building Construction & Real Estate Activities

- Business Consultant  for Property Buying and Selling, 

- Business Documentation.

Professional Synopsis

❤     A result oriented professional with over 30 years of experience in the areas of Operations and experience in Financial Market Research Operations, Process Transition, Integration, Production Support, Process Improvement, BCP, and Quality Assurance of Investors Products.

❤  Worked with Thomson Reuters International Pvt. Ltd., Bangalore as Regional Head –Investment Management Products & Global Operations. Thomson Reuters involved in end to end Financial Content analysis, helping clients to construct their Portfolios, Providing Firm wide solutions for the users of Investment Banking, Investment Management, Economics, Corporate Deals(M&A) and Equities products. Thomson Reuters tracks about 46000 listed companies in 70 plus countries.

❤   Spearheaded process transition/migration initiatives during the career span; migrated several processes from high cost centers (US, UK, Ireland and Japan) to low cost center i.e. in India. Actively involved in Acquisition of Reuters by Thomson Corp and got “Superlative Leadership” award from Thomson Board. Also an instrumental in transition of GSI & ASSET4 companies acquired by Thomson Corp.

❤   Proficient in managing cost centre operations, formulated strategies to achieve organizational targets and setting standards for service & business development.

❤   Expertise in managing & leading teams for running successful process operations & experience of developing procedures, service standards & SLAs for business excellence. 

❤   Ability to support and sustain a positive work environment that fosters team performance with strong communication and relationship management skills.

❤   Strong in 4Es[Energetic, ability to Energize, Edge & Execute)and 2Ps(Passion & Patience to work) with Integrity, Intelligence and Maturity].

Skills

❤ Adaptability/Flexibility:   I am a balanced and effective manager in good and bad times, Can set priorities and be flexible in a changing environment.

❤ Team Player:  A creative team player with the ability to work on own initiative or as part of a larger team.

❤ Analysis & Decision Making:  Excellent analytical and problem solving skills. 

❤ Initiative/Getting Things Done:  Set  aggressive  business goals for self and group.  Translate the vision into action and lead groups to execute.

❤ Strategic Thinking and Influence:  Build and foster  relationships with key stakeholders to drive new product development, elicit  key decisions  when required, Create a culture that drives to understand and deliver on customer needs & value, etc.

❤ Relationship Building:  Proven track record of maintaining customer relationships both internal and external. 

❤ Ownership: Developing  new ideas, challenges status quo and encourage teams to do the same.

❤ Communications:  Can clearly present analysis and discuss business issues with Executive Leadership.  Consistently provide all stakeholders with needed information. 

❤ Leadership:  Capable of leading  teams, foster an environment of working  across and outside the organization  and able to keep team motivated and engaged to deliver business results.

Experience

C.N.Sonnappa & Associates( Advocates & Consultants)                                               Jun 2021 -Till date

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Property Consultant  

Key Areas

❤ Land Buying, Selling, Legal Opinion on Property, Registration of  Properties,

❤ Plan Approval(BDA, BBMP, Revenue A Khatha, E-Khatha etc)

❤ Building Construction & Real Estate Activities

❤ Interior Solutions

.❤ Financial Solutions for Constructions

❤ Building Turnkey Projects

_____________________________________________________________________________________________________________________

Freelancer (self employed), Bangalore                                                                          Jun 2018– May 2021

 Business Consultant               

Key Areas

❤ Formulating Business goals and developing business plans for Startups in India.

❤ Advisor for Business Development (IT/ITES & Agriculture)

❤ Writing Blogs on Corporate Situations.

Ribhu Info solutions, Bangalore      Jan 2014– May 2018

 Business Director              

Highlights

❤   Successfully managing the overall Business in Ribhu Info Solutions

Key Result Areas

❤ Setting up and managing business objectives.

❤ Formulating Business goals and developing business plans for the achievement of these goals.

❤ Driving Business improvement.

❤ Building and maintaining healthy business relations with customers

Thomson Reuters Corporation, Bangalore        Apr 2008 – Dec 2013

 Regional Head–IM Products & Global Operations, Thomson Reuters, Bangalore.              

Highlights

❤   Successfully managed the overall Investment Management Research operations under Investors SBU and ensuring customer focus by meeting production targets.

❤   Involved in Acquisition of Reuters by Thomson Corp in 2008 and ASSET4 in 2009 by TR.

Key Result Areas

❤ Setting up and managing process operations with a view to achieve business objectives and ensure profitability.

❤ Formulating corporate goals and developing business plans for the achievement of these goals.

❤ Monitoring the overall functioning of processes, identifying improvement areas and implementing adequate measures to maximize customer satisfaction level.

❤ Driving process improvement s and ensuring maximum efficiency in various operations.

❤ Identifying quality issues; developing & implementing solutions to improve the technical conformity of the products.

❤ Building and maintaining healthy business relations with customers, managing operations to ensure efficiency and increased customer satisfaction.

❤ Leading, training, recruiting & monitoring the performance of team members to ensure efficiency in financial services operations and meeting of individual & group targets.

❤ Preparing MIS reports entailing to productivity, quality, staffing, etc. with a view to apprise management of the process operations and assist in critical decision-making process

Thomson Corporation, Bangalore                   July 2000 – April 2008

Senior Manager – Public Filings (Investment & Advisory Content) and StreetEvents Operations, Thomson Financial, India                                                                                                                                       

Highlights

❤   Successfully managed the overall operations of Content Production Group and ensured customer focus by meeting production targets.

❤   Successfully migrated processes for 49 countries from high cost to low cost centers from 1998-2006.

❤   Closely interacting with Global Content Leaders and Leaders in other Geo – Centers and Bangalore.

❤   Actively involved in acquiring company data from various sources.

❤   Played a major role in processing and storing the company reports on Database (TR).

❤   Significantly contributed in distributing the company reports to 1200 Corporate Analysts.

❤ Instrumental in managing budgets for 7 cost centers in the organization.

❤   Distinction of implementing ISO-9000-2001 QMS(for Process Operations), SOX Compliance( for AP, AR& GL functions) and ISO 27001(Tech Ops) in the organization, heading almost 52 processes with 3500 employees. Worked as Management Representative for ISO QMS in Thomson Corp India Private Ltd.

❤   Lead the Content BCP/Incident management team in Thomson Corp India Private Ltd, India.

Key Result Areas

❤ Setting up and managing Filings & StreetEvents operations with a view to achieve business objectives and ensure profitability.

❤ Formulating goals, short term and long term and developing business plans for the achievement of these goals.

❤ Monitoring the overall functioning of processes, identifying improvement areas and implementing adequate measures to maximize customer satisfaction level.

❤ Driving process improvement and ensuring maximum efficiency in various operations.

❤ Identifying quality issues, developing & implementing solutions to improve the technical conformity of the product.

❤ Setting out quality standards for various operational areas, ensuring a high-quality experience, while adhering to the SLAs and work processes through ISO-9001:2000 QMS.

❤ Setting out Information Security Management in the Organization through ISO 27001 ISMS.

❤ Building and maintaining healthy business relations with customers, managing operations to ensure efficiency and increased customer satisfaction.

❤ Leading, training, recruiting & monitoring the performance of team members to ensure efficiency in content operations and meeting of individual & group targets.

❤ Preparing MIS reports entailing to productivity, quality, staffing, etc. with a view to apprise management of the process operations and assist in critical decision-making process.

Worldscope Disclosure/Primark Financial, Bangalore    April 97 – June 2000

Library Manager – Public Filings & Indexing, Primark Financial Information Division, India                                                                                                                                                    

Key Result Areas

❤ Setting up and managing Filings & Scanning & Indexing operations with a view to achieve business objectives and ensure profitability.

❤ Leading, training, recruiting & monitoring the performance of team members to ensure efficiency in content operations and meeting of individual & group targets.

❤ Executing Contracts with Global data vendors for acquisition of Financial data.

❤ Preparing MIS reports entailing to productivity, quality, staffing, etc. with a view to apprise management of the process operations and assist in critical decision-making.

Research Projects (Production Support in Primark & Thomson Reuters)

❤   Company Fundamentals: Financial Data was collected and updated as reported data for Fin1 project (3500 US listed companies) using 120 resources during 1998-99. Also updated Financial data for 2000 listed companies of India, Pakistan, Sri Lanka and Canada using 55 resources in 1999. About 1600 data definitions were updated in this project.

❤   Filings: Data capture project for 39000 Global companies which included meta-data index, scan and document tagging (used SGML tags).  27 resources were used to tag 180000 financial reports in the year 2000-01. Also Bonds filings were captured for European coverage in order to publish on Thomson products.

❤   Estimates: Sourced US Actual data for 11000 listed companies using 10 Resources in the year 2002. The project continued till the process reached to maintenance mode.

❤   Corporate Actions: Data Cleansing project for Thomson Research product for 48000 global companies using 20 Resources. Used M&A/deals data of TF to fix relationships for active & inactive, group & subsidiary companies in 2002-2003.

❤   Corp IB & IM: CCBN- Delta/Guidance project with 3500 US companies was handled using 19 resources in the year 2004. Line by line data comparison of Financial reports was done to generate Delta Reports for Wall Street analysts.

❤   Japanese Company Fundamentals:  Set up a team of 10 Japanese language specialists to capture filings, translate and update as reported data for 4000 Japanese companies in the year 2005-06.

Previous Assignments

Terabyte Information Supply & Services Centre                       Feb’96 – Mar’97                                         

 Manager

❤   Actively involved in processing & marketing of Scientific Information on CD-ROMs & executing Electronic Publishing Projects

AHEAD (PID, CSIR, Ministry of S &T)                                       Mar’95 – Jan’96

Manager

❤   Converted 14 volumes of WOI data in to electronic media using OCR & Image Technologies in a short span of 8 months.

❤   Maintained data Center for Asian Health, Environmental & Allied Science for Asian region.

National Ship Design & Research Center                              Feb’91 – Feb’95                   

Library Officer   Computer Services Division

❤   Involved in creating database for Marine & Naval Technical Articles.

❤   Played a major role in converting about 8000 A0 Size Ship Design Drawings and archived using WORM optical storage technology.

 INSDOC-(CSIR, Govt of India)                                                Nov’83 – Jan’91         

Documentation Specialist

❤   Introduced SIRNET e-mail facilities within CSIR laboratories in 1989.

❤   Maintained data center

❤  Compiling Bibliographies on Specific Topics for Research Scholars

Academic Assignments

Feb’95 – Feb’97

❤   Involved in Part time Teaching with IGNOU(Indira Gandhi National Open University), Bangalore.

    Subject: Library & Information Management.

Education

❤CompletedCIB(Certified Investment Banker) course from ICFAI University.                2009-10

❤   MBA (International Business) from TASMAC, Pune, India.   `                                                                                                                              2006

❤   Master of Information Science from Bangalore University.                                                                                                          1983

❤   Bachelor of Information Science from Bangalore University.                                                                                                          1981

❤ B.Sc from Bangalore University.                                                                            1980

Professional Courses

❤   Advanced Project Leadership: Selling Project Management to the Organization.                                                      

Attempt 1.Event ID: NET-41527 Grade: B. The course by Thomson University,             2005

❤   International Effective Management –Conducted by NCTAVB Rotterdam, NE.         1991

❤ PG Course on Automation of Information from I.I.Sc., Bangalore                            1986

Training Programs Attended

❤ Middle Management Leadership Program conducted by TR Training division.                2011

❤ Advanced Leadership Program conducted by Thomson University,USA                        2006

❤ Skill Sets in MATRIX Environment Course conducted by Thomson University, US.          2005

❤   ISO 9001:2000 Lead Auditor Course conducted by IRCA, UK.                                      2004

❤   Interviewing & Hiring Skills conducted by Thomson University, US.                             2004

❤   Document Tracking: Document Acquisition & its control by Primark Philippines.           2000

❤ Data Imaging: Indexing, Scanning & Quality Checking by WSDI, Shannon, Ireland.        1998

❤ Document Archiving using WORM Technology by TID/Digital B.V, Holland.                    1991

Professional Membership

❤   Life Member of Computer Society of India (CSI Membership No. 17366).

❤ Life Member of Indian Association for Special Libraries & Information Center (IASLIC).

❤ Life Member of Indian Red Cross Society(Membership No.374)

Dissertation submitted in partial fulfillment of the requirements for MBA degree

❤   Implications of Corporate Mergers and Acquisitions: Shareholders Value in Global Scenario, 146 pages.

Papers Presented & Published

❤   Financial Information Management & On-line Information Services in a Thomson Financial Company using ISO-9001:2000 Quality Standard (paper presented in National Seminar of IASLIC, at Survey of India, Dehradun, December 18-21, 2003).

❤   AHEAD’S CD-ROM databases and their marketing (paper presented in XX - All India Conference of IASLIC on "Information Technology Products of 1990s and Library & Information Centers", at Lucknow, December 26-29, 1995).

❤   Networking of Libraries: Problems & Prospects (paper presented in XVI – National Seminar of IASLIC, at IIT, Bombay, December 19-22, 1994).

❤   Document Image processing in NSDRC, India – a Practical Approach (paper presented in 10^th Jubilee Cong. Symp. of Van Bremen Informatica Advies b.v. -1991, The Hague, Holland).

❤   Design & Development of a database on Micro CDS/ISIS and printing a union catalog of S&T conference proceedings using DTP System (paper published in Annals of Library Science & Documentation Vol.38/2 June 1991, pp53-68).

Personal Details

*Contact Address  :

Absolute Realty, 318, GF, OMBR Layout,Bangalore-560043, India.

•  Mobile: +91 9845152166, 8861696565

• Email: query.absoluterealty@gmail.com