Banking IT services and solutions provider JMR Infotech on 24th August 2012 announced the opening of new office in Ghana, expanding its presence in the African region.
Strengthening the footprint in the emerging markets of Africa, the new office will help JMR Infotech tap the growing opportunities in West Africa's BFS IT industry.
The Ghana office will play a major role in helping the company increase its reach and logistics flexibility across the West African region. Engaged with a number of BFS institutions in the region, JMR Infotech sees many opportunities in the region as the BFS IT market in West Africa matures and a large number of banking and financial institutions move to automate their processes or transform existing IT infrastructure. African financial institutions are largely banking on IT to enhance their operations and gain competitive advantage. Helping to improve the company's performance in the region, the Ghana office will also facilitate JMR Infotech to tap in to the growing lending market with its end-to-end loan origination software Lead To Loan.
The Ghana office is just one of the many on JMR Infotech's global expansion roadmap. As a key part of its growth strategy, the company is highly investing in key emerging markets. JMR Infotech has recently entered into a joint venture with China-based ZTHT International for end-to-end banking IT services and solutions in China and opened its subsidiary JMR Infotech Nigeria to cater to the growing needs of the West Africa's BFS IT industry. JMR Infotech's services and solutions are delivered through its unique Extended Arm engagement model through which the company works as an 'extended arm' of its clients by giving them the opportunity to reduce investment and total cost of ownership.
"Africa is a key market for JMR Infotech and we have major plan of geographic expansion put in place to ensure that we explore the region's best growth opportunities. We are seeing increasing demand for advanced services and solutions as financial institutions transform the way they work and look for ways to enhance operational efficiency. JMR Infotech is committed to the growth of Africa's BFS segment and is providing state-of-the-art services and solutions they need to compete at the global level," says Jayafar Moidu, CEO, JMR Infotech.
Yoku Korsah, Managing Director of JMR Infotech's Ghana Operations said, "There are tremendous market opportunities in the region that we are expanding into. The new office will enable us to provide new IT insights to our growing clientele in the region to drive their operational efficiencies and improve customer service."