Collabera has announced that it has been selected by IFDL as its Technology Services Partner to provide application development and maintenance services for the independent Wrap platform, Ascentric. The multiyear agreement with IFDL is a strategic partnership for Collabera, extending its footprint in the UK market. Collabera has entered into this agreement to extend its footprint in the UK.
Krishnamurthy Ramamurthy, Senior Vice President and Head of Global Delivery at Collabera said, "We are pleased to be selected by IFDL and the Royal London Group as a strategic partner and the start of this relationship is an exciting new chapter for us. We focus on helping our customers navigate the intricacies of the financial services market - declining fee revenues, need for alternative revenue growth strategies and managing cost of new regulations."
Hugo Thorman, Managing Director at Ascentric and IFDL said, "Collabera's business model provided us with the best fit both operationally and culturally and they were the stand out candidate during our extensive tender process. We are very pleased to be working with Collabera and look forward to developing a long-term relationship with them."
As part of this alliance, Collabera has hired IFDL's entire in-house technology services team based in Bangalore, to be fully integrated in and be part of its strong global service delivery team.
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