About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

FTI Heads East With India Development Centre

Subscribe to our newsletter

Financial Technologies International (FTI), has opened a new software development and service centre in Mumbai, India. FTI will work with TCG, an Indian outsourcing specialist, to operate the Development and Service Centre. TCG has previously worked with a variety of US firms including Sybase, United Airlines, i2 Technologies, and Computer Associates, and will use the same model and methodology to quickly launch and ramp up the centre, the pair say.

Michael Meriton, president and CEO, FTI, says: “Our strategy is to invest at a time when many of our competitors are cutting back. Opening the development centre in India and working with TCG enhances our ability to innovate faster and to better meet our customer needs. It also allows us to provide our customers additional flexibility without compromising quality. The expansion enables FTI to define a scalable global operating model and demonstrates FTI’s continued commitment to the future of our industry and our customers.”

The centre will be integrated into the current FTI development centres in the US and Austria to provide improved scalability, a faster development process, and improved quality assurance. A number of FTI staff will relocate to India to facilitate continuity, knowledge transfer and integration of the entire operation. FTI and TCG have established a steering committee for overseeing the Indian operation to ensure its responsiveness to the evolving market and customer needs. The Indian office will be headed by Ravinder Grewal, FTI’s vice president for offshore development.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: How to simplify and modernize data architecture to unleash data value and innovation

The data needs of financial institutions are growing at pace as new formats and greater volumes of information are integrated into their systems. With this has come greater complexity in managing and governing that data, amplifying pain points along data pipelines. In response, innovative new streamlined and flexible architectures have emerged that can absorb and...

BLOG

Challenges of the New Regulatory Landscape: Data Management Summit London Preview

The regulatory landscape for financial institutions has rarely been in greater flux than now, placing new challenges on the technology and data that will be critical to satisfying the requirements of overseers. While digital innovations are offering organisations the opportunity to meet their compliance obligations with greater accuracy and efficiency, they are also encouraging regulators...

EVENT

TradingTech Summit London

Now in its 14th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...