DST Systems, a US-based provider of technology solutions to the financial services industry, has revealed plans to open a second location for India operations in the city of Pune.

DST said that the new office will support the delivery of global information technology services through wholly-owned subsidiary, DST Worldwide Services.

The Pune office is scheduled to commence full operations in first quarter 2014 with an initial capacity of over 500 seats.

Krish Krishnan, president of DST Worldwide Services, said that the Pune location will provide access to a new workforce across several competency areas, in addition to meeting an in-country Business Continuity Planning (BCP) objective.

"We considered other cities across India, and Pune provides us the greatest ability to leverage specific talent available in a location. Given our aggressive growth trajectory, we are very excited to expand to a second site in India," Krishnan added.

DST Worldwide Services currently employs nearly 1,500 associates at its other India location in Hyderabad.

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