Eze Software Group, a technology solution provider in the financial sector, has projected expansion plans of its India operations with a manpower increase from the present 75 to 500 in the next three years.

The Boston-headquartered company, which is into multi-asset class investment technology for the front, middle and back-office solutions for the hedge funds and investment managers, has launched its operations in Hyderabad.

The centre will help develop products. Hyderabad has creative developers, said Brad Rinklin, Senior Managing Director. The company focus will be on portfolio management, execution management and portfolio accounting system. In Boston, it has 200 developers.

Pete Sinisgalli, Chief Executive Officer, said with 1,000 employees at 12 offices including at London, New York, Hong Kong, Sydney, Singapore and San Francisco, the company provides solutions to over 2,000 clients, 75 per cent of whom are in US. “We opened office in India focused on software development. It is our first foray into India and will start services over next one year here.” The India office will be ramped up to 150 in due course and expand further to 500 employees in three years. “We would like to attract clients in India, our primary clients are hedge funds, hedge funds also invest in India and look at them for future,” he told newspersons.

While the US is the largest market today, Eze group has plan to continue to invest and grow in EMEA and APAC market. Company is making significant investments in sales and services teams in London, Hong Kong, Singapore and Sydney to support plans as the world continues to search globally for investment success.

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