Our track record has elicited interesting feedback from many of customers. Here is what one of them, Benjamin Ng, Head, Global Cash and Trade Technology, our customer for Trade Products, has to say about our implementation; "The fact that this was completed 2 weeks ahead of schedule and with such quality is a testament of the CMM (Capability Maturity Model) Level - 5 performance. Thanks to you all for your extra effort in making it a reality."
Seventeen years back, when we started in 1985 at Mumbai, we never expected that someday Statesmen like Frank Wisner the then American Ambassador to India would say about us that; "You have developed exciting products; and made me feel very proud."
Since 1985, we have come a long way to earn an excellent reputation, through our track record of building, rolling out and supporting highly complex and critical applications for Banking and Financial Institutions across the globe.
We are today a top class software development center, providing key solutions worldwide. We say this, since we have in our kitty, the globally recognised success for our thrust on the Quality front - the top rank of Level 5 in the SEI CMM (Software Engineering Institute's, Capability Maturity Model). This makes us today to be among the top few software organisations across the globe, who share this achievement. This was our journey of persistent progress. From Level 2 in 1992, we moved to Level 3 in 1995 and then on to Level 5 in 1997.
This journey of success was captured in the words of the Executive Director of NASSCOM, the late Dewang Mehta, when he said; "Your achievement in acquiring Level 3 makes us at NASSCOM feel very proud. This however does not surprise us, as you have been known for Quality Consciousness since your inception. This key international recognition, in a fast changing world of new paradigms, highlights the truth that the Indian software industry is now known worldwide for its process thrust and resultant quality production services."
Incidentally the SEI or Software Engineering Institute is a global body for assessing the software development process maturity of all organisations worldwide.
Over the last decade and a half, spatially too we progressed. In 1997, we expanded operations to the "City of Pearls" - Hyderabad, and in the following year to Chennai. Soon we will have another development center at Pune. Out global presence will be cemented by sales and marketing offices at London and New York.
Each of our centers at Mumbai, Hyderabad and Chennai, specializes in a functional
banking segment - Corporate Banking, Treasury, and Retail and Investment Banking.
Our facilities are impeccable. Something that is reflected in the words of Montek
Singh Ahluwalia, Commerce Secretary, Government of India when he visited our
facilities at SEEPZ. He expressed himself by saying; "A most impressive
unit, with very impressive performance. Congratulations."