Persistent opens third Hyderabad facility for AI and financial services delivery
The Gachibowli facility adds dedicated workspaces for banking, financial services and insurance projects, supporting AI deployment, payments modernisation, cloud platforms and operational resilience.
Persistent has more than 3,000 employees in Hyderabad and existing offices at WaveRock and Sattva Knowledge City.
HYDERABAD: Persistent Systems has inaugurated its third facility in Hyderabad at Phoenix Equinox in Gachibowli to expand technology delivery for banking, financial services and insurance clients.
In a statement issued on October 13, the company said the facility would support programmes in AI deployment, payments modernisation, cloud platforms and operational resilience.
The office provides secure, dedicated delivery environments and spaces for Persistent’s teams to collaborate with clients on AI implementation and systems modernisation, particularly within regulated financial services environments.
Persistent has more than 3,000 employees in Hyderabad and existing offices at WaveRock and Sattva Knowledge City. The company said the expansion would strengthen its access to engineering and financial services talent across the city’s ecosystem of financial institutions, global capability centres and fintech businesses.
Barath Narayanan, global BFSI and Europe geography head at Persistent, said financial institutions were moving AI into production while modernising core business systems. Delivering these programmes required domain knowledge and engineering expertise, with security and operational continuity central to the work, he said.
Narayanan added that the facility would enable closer collaboration with clients and support the company’s long-term investment in financial services expertise and careers in Hyderabad.
