JMR Infotech enters US market

3 September 2013

JMR Infotech, provider of banking solutions and technology services, has announced its entry into the US market with the opening of a new office in Virginia.

This allows the firm to have a direct presence in the US and will enable it to increase its reach and logistics across North America.

JMR Infotech is anticipating large potential for growth in the US banking and financial services industry, therefore the company has moved to take advantage.

With the financial services product suite from Oracle in its portfolio of offerings, the firm will assist banking and financial services institutions to build, run and grow the IT infrastructure side of its business.

It offers solutions and services including core, direct, private and Islamic banking as well as investor servicing and analytical applications such as enterprise performance and risk management.

Jayafar Moidu, chief executive officer of JMR Infotech, said: "We anticipate many US banking and financial institutions to review their current IT infrastructure and demand best-in-class solutions and services that take their business to new heights."

By Asim Shah

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