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Persistent Systems - Foraying Into Strategic High Growth Areas: Prabhudas Lilladher

Persistent Systems - Foraying Into Strategic High Growth Areas: Prabhudas Lilladher

A person uses a laptop computer in Illinois. (Photographer: Daniel Acker/Bloomberg)
A person uses a laptop computer in Illinois. (Photographer: Daniel Acker/Bloomberg)

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Prabhudas Lilladher Report

Persistent Systems Ltd.’s acquisition of Software Corporation International and its affiliate, Fusion 360, serves as the foundation for scaling up the newly announced payment business unit given –

  1. SCI’s deep domain capabilities specialising in payment solutions and Fusion 360’s expertise in servicing leading payment platforms including IBM’s financial transaction manager,

  2. SCI provides inroads to 10 (most within top 20) leading banks in North America,

  3. presence in Charlotte, North Carolina, one of the largest U.S. banking hubs,

  4. opens up cross-selling opportunities and

  5. complements Persistent Systems’ work of taking financial transaction manager to hybrid cloud for their largest client.

Click on the attachment to read the full report:

Prabhudas Lilladher Persistent Systems Event Update.pdf

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