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Financial software and systems vendor SunGard is expanding its footprint in the Africa yet again, with the opening of a new office in Kenya, the vendor’s fourth office on the continent, officials say.
“By investing in and establishing a physical presence in Kenya, widely regarded as the financial services hub for East Africa,” SunGard says in a statement, “SunGard will reinforce its commitment to the region and is well positioned to execute on its strategy of achieving accelerated growth in these markets.”
Based in Nairobi, the new office will focus on customers in Kenya, Tanzania and Uganda in areas like professional services, training, and project support, and will also serve as a springboard, the vendor hopes, for new accounts in the area. The new Nairobi office is preceded by SunGard’s offices in Cape Town, Johannesburg and Tunis.
“With East Africa’s sizeable and strong developing financial services market, there is an increasing need for sound market regulation and compliance,” says Fred Manthe, SunGard’s managing director for East Africa, in a statement. “As we focus on the region’s positive economic growth and expanding client network, we are very excited about our strategic investment in East Africa and look forward to offering our customers a more efficient, competitive and industry aligned solutions and service delivery.”
Need a Reprint?- Read More:
- East Africa,
- Kenya,
- SunGard,
- emerging markets
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