Sunday, 10 March 2019

Credit Suisse starts new Pune facility

10/3/2019

PUNE: The Zurich-based bank, Credit Suisse, has started a new facility at Eon Phase II in Pune, which will have the capacity to seat about 4,500 IT professionals.

The company already has about 1,600 IT professionals in India (about 1,000 in EON Phase I in Pune alone), representing about 10% of the bank’s IT workforce. “The state-of-the-art office, called EON II, will co-exist with the present workspace in EON I. From EON II, teams will lead the development and roll out of cutting-edge technology and innovative methodologies, such as agile, cloud computing, machine learning and robotics, to support Credit Suisse’s global business operations,” the bank said in a statement.

The bank said the India centre has grown up the value chain and was more than just a support function for the group’s technology offerings now. Also, the products developed in Credit Suisse, Pune are deployed around the world.

The financial services company did not specify the investment it has made in the facility, nor the number of people it wishes to hire, but said it has made “significant” investments.

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