Agile Financial Technologies, a global technology company, launched its operations in India with its first office in Mumbai. The new operations will provide resources for domestic on-shoring services for Indian BFSI institutions. The company has already acquired and merged the insurance software business division of India-based Access Information Systems, a niche player in the core insurance space.
Says Kalpesh Desai, CEO, Agile Financial Technologies, “There are tremendous opportunities in the current context for holistic technology firms within the BFSI sector in India. The sector is facing challenges due to the economic impact of the liquidity crisis which will require the industry to relook at its IT strategy and current usage of software and technology.”