SunGard expands operations in India

Mumbai: Software and IT services company SunGard is expanding its financial systems operations in India with the appointment of a new Managing Director (MD) for India sales and the addition of new sales and business development staff in Mumbai. The expansion comes on top of SunGard's existing 2,000-person global delivery organization in Bangalore and Pune.

SunGard has been operating in India since 1993. With global delivery organization in Bangalore and Pune, SunGard Technology Services provides domain expertise, product knowledge and specialized technology services to support SunGard's solutions and customers worldwide. The expansion of SunGard's Mumbai office will help SunGard's 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 (MD) of sales for SunGard's financial systems business in India, commented, "This expansion will help us focus on the local financial services industry, and to the long-term potential we see here. We have a range of solutions across areas such as insurance, trading, banking, energy and wealth management."

SunGard, which provides software and processing solutions for financial services, higher education and the public sector, serves more than 25,000 customers in more than 70 countries, including the world's 25 largest financial services companies.