SmartStream Technologies, the Transaction Lifecycle Management specialist, expands company’s offshore software development operations by opening new Development Centre in Mumbai, India.
New centre is part of SmartStream’s significant and ongoing investment in its software development operations.
New application development work has been recently concentrated outsife India despite the greater proportion of India’s market needs. So SmartStream decided to relocate to larger premises. The Mumbai Development Centre is tasked with accelerating the time to market for new TLM services enabling SmartStream to rapidly respond to customers’ evolving operational requirements.
The expanded Centre will develop new common services for the firm’s TLM Enterprise Control Architecture as well as deliver packaged TLM solutions for Trade Process Management and Cash and Liquidity Management.
“SmartStream has been successfully developing and building a range of TLM solutions in India to such a degree that we now require a significantly larger Development Centre,” says Ritesh Jhingan, head of Development, SmartStream Technologies, India. “This enables us to expand our headcount and efficiently scale the operations to meet demand for the company’s TLM software. The increased capacity also supports our rapid development of new solutions to meet emerging customer, market and regulatory needs.”
L.D.