Source: Quadrant Risk Management
Quadrant today announced that it has opened an Offshore Development Centre (ODC) in Chennai, India, to develop and support its risk management solutions.
It has also established a regional sales and project capability for the Middle East, Africa and the Indian Sub-Continent from new offices in India and Dubai. The operations will focus on developing the market for Quadrants' Enterprise Risk Management (ERM) solutions, including. B2 and SAB2 for Basel II, as well as their SOA (Service Oriented Architecture) based solutions. This move follows Quadrant's acquisition of US based Ecensity Corporation in November 2006 and is the next step in establishing Quadrant as a global risk management solutions house.
Paul Lockyear, founder of Quadrant and COO says, "This is an exciting development for Quadrant which enhances our global development and support capability and increases our sales and delivery reach into the Middle East, Africa and the Indian Sub-Continent. We will now be able to engage more closely with our customers in the region and deploy our advanced risk and compliance solutions faster".