Omnesys takes Controlling Stake in Harsa IT
2012-06-12Omnesys Technologies Pvt. Ltd. has entered into a definitive agreement to take a controlling stake in Chennai based Harsa IT Solutions Pvt. Ltd (Harsa IT). The financial details of the transaction were not disclosed.
With this partnership, the combined offering from both companies will enable them to seamlessly integrate the products and provide significant value to customers. The synergy in this partnership will enable us to provide an integrated end to end solution for the broking community. With extended trading hours across different markets and time zones the integrated solution will benefit the broker with real time reports of clients’ balances, margins and exposures. This will also reduce the Total Cost of Ownership (TCO) for the broker.
Shrikant Pandit MD, Omnesys said, "Harsa IT’s product base is an excellent extension to our products offerings and with this stake we will be providing a complete end to end solutions to our customers.”
G Sashi Kumar, Director, Harsa IT said, "We have found an excellent partner in Omnesys and are very excited about the benefits our existing clients, employees and key partners can gain. Omnesys’ ability to forge strong relationships with customers will help us provide more varied and better value to customers.”
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