iSoftStone Information Technology, a China-based provider of consulting and solutions, IT services and business process outsourcing services, and SunGard have signed an agreement to jointly offer IT services to clients in the finance services and insurance industries in China and across the Asia-Pacific region, in conjunction with the deployment of SunGard's iWorks platform.
The partnership is expected to provide competitive advantages for both iSoftStone and SunGard in serving insurance industry clients, which typically require specialist service capabilities to compliment products such as iWorks. iSoftStone’s China-based implementation teams and technical expertise combines with SunGard’s consulting services to bring a total solution to clients in the region.
TW Liu, chairman and CEO of iSoftStone, said: I believe it will allow us to become even more competitive in China’s BFSI, by accessing the professional experience and service capabilities of iSoftStone along with SunGard iWorks’ solutions.
Furthermore, this partnership is a testament to iSoftStone’s balanced market approach, with a strong presence in China’s domestic IT services market, as well as serving global clients and partners such as SunGard.
Peter Haslebacher, COO of SunGard iWorks Asia Pacific, said that solutions from SunGard iWorks can optimize business operations in the financial and insurance industry, by cooperating with a global IT services leading provider, iSoftStone – in the Asia-Pacific region, including mainland China, Japan, Taiwan, and South Korea – where iSoftStone will provide support to SunGard in multiple end-client languages.