FW: Virtusa acquires TradeTech Consulting - expands financial services expertise & builds presence in the Nordics

[Praveen Warnakulasuriya]

 

 

From: Kris Canekeratne
Sent: Wednesday, January 08, 2014 12:16 AM
To: ER Global
Subject: Virtusa acquires TradeTech Consulting - expands financial services expertise & builds presence in the Nordics

 

 

 

Dear Virtusan:   As we start the New Year, I am delighted to share some very exciting news with you. We have just completed the acquisition of TradeTech Consulting, headquartered in Stockholm, Sweden. Acquiring TradeTech Consulting will help us expand into the Nordics, a significant and rapidly developing European IT services market, and strengthen our financial services and technology consulting capabilities in capital markets, asset management and corporate treasury services.   TradeTech’s core strengths include technology consulting, regulatory & compliance, implementation of global asset management and treasury platforms, as well as managed services tailored to meet the specific needs of major financial institutions and multi-national corporations primarily in the Nordic countries. The integration of TradeTech Consulting into Virtusa is an important building block in our overall growth strategy.  The addition of TradeTech’s capabilities also extends Virtusa’s leading position in global banking and financial services by expanding our domain expertise, consulting and program management skills.   Joakim Weiner, CEO of TradeTech Consulting, will continue to lead the new organization reporting into Sameet Gupte, managing director for Virtusa Europe. We are delighted to welcome Joakim to Virtusa and wish him the best in his new role.   This is a significant step for all of us. Please join me in welcoming the TradeTech team into the Virtusa family.   Sincerely,   Kris Canekeratne

 

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