iGATE Corporation’s Offshore Subsidiary Signs a Strategic IT Partnership Agreement with the Union Bank of California
posted in Outsourcing News and Top Outsourcing deals |Source: money.cnn.com
Sets up a World Class dedicated Operation Technology Center (OTC) for the Bank
iGATE Corporation , a Pennsylvania corporation and a global provider of IT and BPO services, today announced that the Company’s offshore subsidiary, iGATE Global Solutions, Ltd. (”iGS”) signed a key technology services agreement with the Union Bank of California, the 25th largest bank in the US based on assets.
In accordance with the agreement, iGS has initially set up a 100 people Operation Technology Center (OTC) for the bank at its software development campus in Whitefield, Bangalore, India. iGS currently provides a full range of IT services spanning Application Development and Maintenance, Infrastructure Management Services (IMS), Data Warehousing, Quality Assurance, Business Intelligence, Consulting and technology work.
“This is an exciting partnership for us and we are proud to be associated with Union Bank of California and to help them enhance their process and service capabilities. We are especially pleased that they chose us after working with a few other IT vendors. This partnership also gives us confidence that our integrated Technology and Operations (”iTOPS”) model is gaining more acceptance and momentum,” said Phaneesh Murthy, CEO, of iGS.
“We were looking at opportunities to re-engineer our processes and alter our customer-facing and the core back-office processing tasks. As iGS clearly understands technology and operations and is the only Company in India with integrated Technology and Operations capabilities, we found a lot of synergy and decided to work with them,” said James Yee, Executive Vice-President and Chief Information Officer, Union Bank of California.
