GemStone Systems, provider of distributed data management and virtualization solutions, and Synechron, an IT provider of business-technology solutions and services today announced a strategic partnership.
GemStone and Synechron will work in close coordination on several key projects and complement each other’s business domain and technology expertise to deliver turnkey solutions to clients. The partnership will also fully align the power of a combined Global Delivery Model and its accompanying time, cost and productivity benefits via the two firms’ development centers based in India. In addition, the two firms will also conduct cross-training exercises on the technical and business front to nurture techno-domain experts.
Speaking on the occasion Faisal Husain, CEO Synechron says, “Partnering with GemStone was a strategic move as we saw possible synergies between our two companies. By leveraging the power of GemStone’s proprietary solutions, we’ll be able to provide our clients with scalability in their mission critical systems, improve their operational efficiency as well as provide them with real-time data access.”
Synechron will implement GemStone’s enterprise solutions across its key BFSI verticals of Capital Markets, Mortgage Banking, and Insurance as well as in certain areas of the Internet Media & Technology domain. GemStone will provide the necessary support and training to enable Synechron to deliver GemFire services.