-30.95 (-0.48%) Persistent Systems has entered into an agreement with USAA, a Fortune 500 financial service provider, for development rights to a number of patented innovations currently in use by USAA related to security in financial services. Through this agreement, the company will extend these technologies and address a growing market opportunity for digital security products and solutions in the financial service industry.
Persistent Systems is a global company specializing in software product and technology services. Persistent develops best-in-class solutions in key next-generation technology areas including Analytics, Big Data, Cloud Computing, Mobility and Social, for the telecommunications, life sciences, healthcare and banking & financial services verticals.