Hexaware Locates Asset Management & Capital Markets practice in Manhattan

Hexaware Technologies Ltd has announced new location of its Asset Management and Capital Markets Practice at its new Client Proximity Center in Manhattan, New York City.

The location of this center reflects the Company's growing business and relationships in the Financial Services Industry.

"Hexaware’s New York City Client Proximity Center will provide the company with a strategic advantage, allowing us to be even more responsive and connected to our clients in the Asset Management & Capital Markets space," said Atul Nishar, Founder and Chairman of the Company.

North America accounts about 70 percent of the Company’s revenue and several leading firms of the company’s 141 clients are headquartered in New York City.

The Company’s Manhattan Proximity Center will house its business and practice leaders including industry subject matter experts and client program managers. Ravi Vaidyanathan, VP Financial Services and Michael Renell, Head of Company’s Financial Services Business will also be located in this center.

Currently, the Company globally employs more than 5000 software professionals. The company has three offshore development centers in India and one near-shore development center in Bad Homburg, Germany.

In the Gartner Magic Quadrant 2006 report for Offshore Application Services, the Company was in the Niche Players Quadrant for Offshore Application Services.

According to India’s National Association of Software and Service Companies (NASSCOM), the premier organization that represents and sets the tone for public policy for the Indian software industry, the Company is the twelfth largest IT Software and Service exporter in India.

The Company also has the distinction of being among India’s best employers and is ranked No. 6 on Dataquest - IDC's Annual Best Employer Survey this year.

Source : Equity Bulls

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