London, November 21 (ANI/Business Wire India): SmartStream Technologies, the transaction lifecycle management specialist, announced the opening of its new development centre in Mumbai to further expand the company's offshore software development operations.

SmartStream's Indian operation forms a critical part of the company's established development centres located in the UK and Austria. The relocation to larger premises at the heart of an area renowned for IT and technology development is part of SmartStream's significant and ongoing investment in its software development operations.

With the company's sustained growth a greater proportion of new solution development work is being run out of India, necessitating the move to larger premises. The Mumbai Development Centre is tasked with accelerating the time to market for new TLM solutions enabling SmartStream to rapidly respond to customers' evolving operational requirements. (ANI)