Pennant expands its geographical presence.. Now opens Sales & Marketing office in UK…
May 10, 2014, Hyderabad – Pennant Technologies, a leading provider of software services and products to some of the leading banks and financial companies across Middle East, announced today the opening of its new branch office in the UK.
Pennant, an established player in Middle East market with over 15 leading banks in its clientele made its mark by delivering the right-fit and next generation software solutions for many years. Following a strategic roadmap, Pennant intends to have its presence in London to focus on the European markets.
The new office is managed by Jasvant Mistry, founding member of Pennant, bringing over 30 years of software sales and Business development experience, predominantly in the Banking and Financial Services Sector. Jasvant’s insights into market dynamics and relationships with the local banks enables Pennant to add new clients and venture into new territories.
“I am delighted about opening a new office in the world’s leading financial market center and we are sure we will repeat our successful stint of Middle East in this new region as well. I am confident that Jasvant’s wealth of experience would strengthen our sales function and I am also optimistic about entering into other territories which we have been eyeing for a while now,” says Rama Krishna Raju, CEO of Pennant.
Adding further, “We have been planning to expand our operations in new territories and opening of this new office is a critical step in this regard.”
Pennant Technologies, dynamic and innovative software solutions and services company offers comprehensive suite of end-to-end business driven technology services and next generation software products covering all the functional areas of BFSI vertical. Pennant offers the right-fit and next generation products that address the unique requirements of banking. The suite of offerings includes Islamic Finance Factory, Cross Sell, Interactive Communication Manager, Notification Manager, Lending Factory, Direct Debit, Host Integrator, Utility Bill Pay and Business Continuity.
Pennant’s suite of solutions and services encompasses Enterprise Application Integration Services, Application Services comprising Application design, development, maintenance services and Consulting services comprising IT consulting and Business Continuity Management services.
Pennant empowers its customers to effectively address their business challenges with its deep domain expertise backed with excellent insights of local market dynamics and leveraging the latest technology advancements.