Software developer EquiSoft has just opened an office in Hyderabad, India.
Equisoft develops illustration and financial needs analysis tools for advisors and also provides integration services for insurers and wealth management companies. On September 22, the Montreal-based firm announced the addition of a new team of technology experts in India. The company now has people working on four continents and in four different time zones.
The firm says it is able to provide clients with onshore, nearshore, and offshore resources that will allow them to lower both manpower costs and implementation risk, benefit from multicultural and multidisciplined resources, and also lower maintenance costs over the long term.
“We are increasingly being presented with business opportunities in the Asia-Pacific region," says Simon Richardson, EquiSoft’s regional director for EMEA & APAC. "It can be very challenging to effectively support a delivery in that part of the globe, when most of your resources are in North America or even South Africa. Since we had already planned to expand our business development activities in that region, we decided to establish a local capability that can also be leveraged to serve our global clients more effectively."
