 iNautix expands Chennai operations
iNautix Technologies India Pvt Ltd, an affiliate of Pershing LLC and a leading provider of global technology solutions to a wide range of financial services organisations, has expanded its Chennai operations by occupying more than 65,000 sq ft at the Ascendas International Tech Park,
Chennai.
The new location will provide iNautix with the capacity to accommodate more than 500 technology development professionals, placing the firm as one of the largest tenants in the Ascendas International Tech Park.
This expansion complements iNautix's existing location in Chennai. iNautix, which was founded in the year 2000, is headquartered at Tidel Park's world-class facility in Chennai, where it is also the largest tenant and already has more than 1,100 application development professionals.
Pershing leverages iNautix's India operations to provide round-the-clock product development capabilities that allow for faster time-to-market in delivering cost-efficient, high-quality products to its customers. iNautix provides flexible technology solutions that include a host of products and services across web, wireless, telephony, and Windows® platforms.
iNautix develops technology solutions that service leading financial services firms across a broad range of market segments that include bank-affiliated, full service, self-directed, institutional and international broker-dealers, registered investment advisors, large investment managers and independent contractors.
Mohan Narayanaswamy, chief operating officer, iNautix, said, “Our presence in the International Tech Park reflects our commitment to expanding and building our team of technology professionals. This will enable us to continue to focus our resources on developing leading technology solutions for financial services firms worldwide and the investors they represent.”
Pershing is a leading global provider of clearing and financial services outsourcing solutions to more than 1,100 institutional and retail financial organisations and independent investment advisors who collectively represent more than 5 million individual investors.
Located in 22 offices worldwide, Pershing provides customers with innovative technology solutions and a wide range of value-added products and services, including asset-gathering products and managed account services, extensive trading and financing capabilities and website development.
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