Temenos AG to hire more techies in India


The Swiss IT services company is  expanding its development centres in the country to improve innovation and design processes.

Leading Swiss IT services provider, Temenos AG, is ramping up headcount in India to expand its development centres in Chennai and Bengaluru, said a senior company official.

The Geneva-based company, which serves banks and financial institutions worldwide, plans to recruit over 700 technicians over the next three years. Presently, the Company employs the services of a strong workforce of 1800.

According to the regional director, S.P. Jayanthan, the fresh hiring will be across verticals to spearhead product innovation and designing. The Company will hire banking product specialists, architects and engineers to support T24, a software used by banks in 150 countries across the world.

With the acquisition of Financial Objects in 2008, the Chennai-based Indian subsidiary had set up its Bengaluru facility for product development work, providing core banking systems to financial institutions. Jayanthan pointed out that the Bengaluru facility will see its strength triple from 700 to 2100 by 2018.

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