Brazilian Technology Companies Flock to U.S

June 2005
Bank Technology News;Jun2005, Vol. 18 Issue 6, p20
Trade Publication
This article reports that Brazilian technology companies flock to the U.S. Backed by their vast experience with sophisticated banks at home, new government initiatives and the growing trend towards offshoring, Brazilian technology vendors are scurrying to provide solutions to the U.S., financial institutions. They also are lured by the prospects for continued IT growth in the U.S. and so are taking pains to show that Brazilian suppliers deserve their place in the sun. Politec is one of Brazil's new entrants into the U.S. In late 2004 it began providing offshore outsourcing for application maintenance, legacy transformation, distributed monitoring and software development to the U.S. financial institutions, including the Mercantile Bank.


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