User:TWJohn/sandbox Maveric Systems

Maveric Systems was founded in 2000 and provides product implementation, integration and quality engineering services across digital platforms, banking solutions, data technologies, and regulatory systems. Maveric Systems has a dedicated offshore delivery and research center in Chennai, India. The software professionals provide services to more than 50 financial services organisations across the globe.

Headquartered in Chennai, India, Maveric Systems has branches in Mumbai, Bangalore, Singapore, Mexico City, London, Dubai, Riyadh, New Jersey, and Kuala Lumpur. The firm operates in the APAC, Middle East.

History
The company was founded in 2000 by Ranga Reddy, P Venkatesh, NN Subramanian and VN Mahesh. The company initially offered testing services to banks and financial institutions but, by 2012, Maveric Systems diversified into requirements assurance, application assurance, and program assurance. Maveric additionally offered domain specialization, platforms, and technical competency.

In 2018, the company expanded its board to include Chitra Ramakrishna, the former CEO and Managing Director of National Stock Exchange, and D. K. Sharma, a technology specialist and former CIO of Citigroup Global Consumer Banking’s International Business as independent Board of Directors.

2007

 * 1) Partnered with UK's Real Consulting Services Ltd

2008

 * 1) Introduced Testac, a proprietary intellectual property in the testing domain.
 * 2) Partnered with Wareef United of Saudi Arabia.

2009

 * 1) Expanded operations and R&D facilities in Chennai.
 * 2) Expanded company to the Malaysia & Gulf region.
 * 3) Generated $8 million in revenue from the Middle East.

2011

 * 1) Transformed into pure-play testing services company

2012

 * 1) Maveric transitioned from a software testing company to a technology lifecycle assurance firm

2013

 * 1) Partnered with DataCede to offer assurance services to insurance providers in the USA.

2016

 * 1) Appointed 3 Vice Presidents to strengthen the domain, digital, and, technology-led offerings
 * 2) Collaborated with CA Technologies to respond faster to market dynamics.

2018

 * 1) Chitra Ramkrishna and D. K. Sharma join the board of Maveric Systems as independent directors.

Awards

 * 2007: Frost & Sullivan's Product Innovation Award for Offshore Testing
 * 2008: Red Herring Asia’s top 100, one of the best IT companies
 * 2011: NASSCOM Exemplary Talent (NExT) Practices Award
 * 2012: Listed amongst the top 100 Global IT and Business Process Outsourcing Companies
 * 2012: Recognised by the Department of Scientific & Industrial Research (Ministry of Science & Technology) for its R&D
 * 2012- 2016: "Best Technology Provider" for 4 consecutive years at the Banker Middle East Industry Awards