Persistent Systems Limited a global Digital Engineering and Enterprise Modernization leader, has inaugurated its third facility in Hyderabad at Phoenix Equinox in Gachibowli. The expansion strengthens Persistent’s ability to deliver programs in AI deployment, payments modernization, cloud platforms and operational resilience for banking, financial services and insurance clients.
The facility provides secure, dedicated workspaces for program delivery and areas for Persistent and client teams to collaborate on AI deployment and systems modernization. It builds on the Company’s Financial Services expertise and digital engineering capabilities to support clients working on critical technology programs within regulated environments.
Persistent has more than 3,000 employees in Hyderabad, with existing offices at WaveRock and Sattva Knowledge City. The new facility extends this established presence and supports access to engineering and financial services talent in the city’s ecosystem of financial institutions, global capability centers and fintech companies.
Barath Narayanan, Global BFSI and Europe Geo Head, Persistent
“Financial institutions are putting AI into production while modernizing the systems that underpin their businesses. Executing these programs requires domain understanding and engineering expertise, with security and operational continuity central to the work. Our new Hyderabad facility provides dedicated environments for delivery and closer collaboration with client teams. This investment also reflects our long-term commitment to developing financial services expertise and building careers in the city.”