SunGard expands operations in India

Written by Businesswire India | Mumbai | Updated: Jun 25 2009, 15:48pm hrs
SunGard is expanding its financial systems operations in India with the appointment of a new managing director for India sales and the addition of new sales and business development staff in Mumbai. The expansion demonstrates SunGards commitment to enhancing its solutions and support for Indias financial services industry and comes on top of SunGards existing 2,000-person global delivery organization in Bangalore and Pune.

SunGard has operated in India since 1993. Its global delivery organization in Bangalore and Pune, SunGard Technology Services, provides domain expertise, product knowledge and specialized technology services to support SunGards solutions and customers worldwide. The expansion of SunGards Mumbai office will help SunGards financial systems business enhance its support and implementation services for its local Indian customer base, which already includes leading institutions in the banking, insurance and energy sectors.

Atul Sareen, the new managing director of sales, for SunGards financial systems business in India, commented: This expansion of our Indian operations underlines our commitment to the local financial services industry, and to the long-term potential we see here. We have a range of category-leading solutions across areas such as insurance, trading, banking, energy and wealth management, and were excited about the enhanced offerings our growth can give Indian customers.