Maveric Systems

Maveric Systems founded in 2000, provides Product Implementation, Integration and Quality Engineering services across Digital platforms, Banking solutions and Regulatory systems.).[1]Headquartered at Chennai, Maveric Systems has branches in Mumbai, Bangalore, Singapore, Mexico City, London (United Kingdom), Dubai (United Arab Emirates), Riyadh (Kingdom of Saudi Arabia) and Kuala Lumpur (Malaysia) The firm operates in the APAC, Middle East.[2]

Maveric Systems
Private company
Industry Software
Founded 2000
Founders
  • Ranga Reddy
  • P Venkatesh
  • NN Subramanian
  • VN Mahesh
Headquarters Chennai, Tamil Nadu , India
Website maveric-systems.com


History

The company was founded in 2000 by Ranga Reddy, P Venkatesh, NN Subramanian and VN Mahesh. The company offered testing services to banks and financial institutions during its initial days. By 2012, the company diversified into Requirements Assurance, Application Assurance, and Program Assurance. The company offered testing services to banks and financial institutions during its initial days. Maveric now offers domain specialization, platforms, and technical competency.[3]

In 2018, the company expanded its Board to include Chitra Ramakrishna, former CEO and Managing Director of National Stock Exchange and D K Sharma, technology specialist and former CIO of Citigroup Global Consumer Banking’s International Business as independent Board of Directors. [4]

Maveric Systems is an independent software testing specialist that provides Integrated Application Assurance services across the Banking, Telecommunication and Insurance sectors.

Milestones

  • 2007 - Strategic Partnership with UK's Real Consulting Services Ltd to offer support to U.K. banks for testing `Faster Payments' business and technical solutions.[5]
  • 2008 - 1) Introduction of Testac, a proprietary intellectual property in the testing domain.[6] 2 Strategic partnership with Wareef United of Saudi Arabia to offer independent software testing services.[7]
  • 2009 - 1) Expansion of Chennai operations and R&D facilities in Chennai.[8] 2) Expanded company to the Malaysia & Gulf region.[9] 3) 50% of total revenue was generated from the Middle East amounting to $8 million.
  • 2011 - Transformed into pure-play testing services company to provide end-to-end assurance to all its clients[10]
  • 2012 - Expanded into other domains to offer assurance services. Maveric repositioned itself as a Technology Lifecycle Assurance firm instead of a software testing company.
  • 2013 - Partnered with DataCede to offer Assurance Services to Insurance providers in the USA.[11]
  • 2016 - 1) Appointed 3 Vice Presidents to strengthen the domain, digital and, technology-led offerings[12] 2) Collaboration with CA Technologies with an aim to rapidly accelerate time-to-market and drive business agility to respond faster to market dynamics.[13]
  • 2018- 1) Chitra Ramkrishna and D K Sharma join the board of Maveric Systems as independent directors.

Awards

References

  1. ↑ http://www.sify.com/finance/maveric-systems-moves-upstream-to-offer-assurance-services-news-press-releases-nbesFHjigbesi.html
  2. ↑ http://smartceo.co/method-behind-a-maveric/
  3. ↑ "Maveric Systems Moves Upstream to Offer Assurance Services". Retrieved 15 September 2016.
  4. ↑ https://www.dqindia.com/chitra-ramkrishna-d-k-sharma-join-board-maveric-systems-independent-directors/
  5. ↑ "Maveric Systems ties up with U.K. consultant". The Hindu. 21 February 2007. Retrieved 15 September 2016.
  6. ↑ "Maveric Systems unveils Testac". www.ciol.com. Retrieved 15 September 2016.
  7. ↑ Reporter, B. S. (23 December 2008). "Maveric Systems partners with Wareef United". Business Standard India. Retrieved 15 September 2016.
  8. ↑ "Maveric Systems to expand Chennai operations". Retrieved 15 September 2016.
  9. ↑ "Maveric Systems Expands Footprint in Malaysia". www.businesswireindia.com. Retrieved 15 September 2016.
  10. ↑ Kannan, Shanthi (10 August 2011). "Maveric Systems to offer end-to-end assurance to clients". The Hindu. Retrieved 15 September 2016.
  11. ↑ "Free Press Journal". Retrieved 15 September 2016.
  12. ↑ "Maveric Systems strengthens its domain, digital and, technology-led offerings; appoints three new Vice-Presidents". www.dqindia.com. Retrieved 15 September 2016.
  13. ↑ "Maveric Systems collaborates with CA Technologies on service virtualization platform". Business Standard India. 30 June 2016. Retrieved 15 September 2016.
  14. ↑ "Maveric Systems Wins Frost & Sullivan's Product Innovation Award for Offshore Testing". businesswireindia.com. Retrieved 15 September 2016.
  15. ↑ "Maveric Systems Receives Prestigious Red Herring Asia 100 Award for the Year 2008". businesswireindia.com. Retrieved 15 September 2016.
  16. ↑ "Maveric Systems Wins NASSCOM Award for Partnering with Academia at the NASSCOM Exemplary Talent (NExT) Practices Awards 2011". Retrieved 15 September 2016.
  17. ↑ "Maveric Systems Wins Recognition from the Department of Scientific & Industrial Research (Ministry of Science & Technology)". Retrieved 15 September 2016.
  18. ↑ "Maveric Systems recognized as the 'Best Technology Provider' at Banker Middle East Industry Awards, for the fourth consecutive year| ChennaiCityNews". www.chennaicitynews.net. Retrieved 15 September 2016.
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