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Home / India News / 2007 / February / February 26, 2007
Maveric Systems Announces Strategic Partnership with UK's Real Consulting Services Ltd

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Maveric Systems Announces Strategic Partnership with UK's Real Consulting Services Ltd

Chennai, Tamil Nadu, India

Maveric Systems, one of India's top three independent software testing companies with a strong focus in the banking, financial services and insurance (BFSI) vertical, today announced their strategic partnership with Real Consulting Services Ltd (RCS), a leading UK-based company providing transformation services and solutions to the Banking and Insurance sectors, to offer support to UK banks for testing "Faster Payments" business and technical solutions.

"Faster Payments" or 'near real time payments processing' is new payment solution scheduled to be launched in the UK by the end of 2007 that will clear electronic payments such as bill payments, fund transfers and standing orders within 24 hours.

The introduction of 'Faster Payments' brings with it a range of business and IT challenges, particularly in the sphere of testing. As part of this agreement, Maveric Systems will provide banking systems testing expertise, testing design tools, methodology, base plan and base conditions for testing, combined with on-site and off-site testing resources, including delivery management. Maveric will play a pivotal role in helping RCS provide support to banks and their suppliers as they prepare for the introduction of 'Faster Payments'.

"In today's scenario, a true global player is the one who is ahead of the innovation curve and is able to provide customised solutions for newer trends in specific markets" said Mr. Ranga Reddy, Chief Executive Officer, Maveric Systems Ltd. "With this partnership, Maveric Systems has further underlined its position as a specialist tester in the Banking & financial services vertical and has also strengthened its presence in the UK market", he added.

Commented Mr. Dave Cottingham, Managing Director, Real Consulting Services Ltd, "We chose Maveric Systems as our partner of choice based on their strong and impeccable track record of delivering support to financial services organizations as they perform testing of critical systems. With this partnership we are uniquely positioned to provide, the only, specialised support for 'Faster Payments' testing in the UK market".

About Maveric Systems Ltd

Maveric Systems Ltd. is one of India's top three independent software-testing companies with a strong and dedicated focus in the banking, financial services and insurance verticals since the year 2000. Over the past six years, Maveric has been pioneering the outsourcing model in software testing by virtue of its insightful knowledge in the banking and financial services vertical, strong core management team and multi-locational testing facilities. As a leading pure-play, independent software testing company, Maveric significantly enhances the functionality, usability and performance of IT solutions, empowering its customers with a definite cost advantage. Maveric's impressive client profile includes a wide array of leading software product companies, system integrators and financial institutions. Maveric has a significant presence in Bangalore, Chennai, Mumbai, New Jersey, Dubai and London. For more information on Maveric Systems, please visit

About Real Consulting Services Ltd

Real Consulting Services Ltd (RCS) was founded in 2003. RCS provides transformation services and solutions to the Banking and Insurance sectors. A key strength is in supporting banks as they deliver and implement complex IT based systems. For more information on Real Consulting Services Ltd, please visit

Mr. N N Subramanian, Maveric Systems Limited, +91 (044) 2820 7690

Anu Lakshman, IPAN, +91 (044) 2821 7294

Source: Maveric Systems (Business Wire India)

Press release presented here is sourced from the Source mentioned above and is provided on as-is basis. Please contact the Company / Source directly for any further information in regard to this release. This website will be unable to assist you in regard to the accuracy or correctness of information in this release.

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