Location: Bengaluru, Karnataka

Built-up area: 4,000 sq.ft.

Date: 2004

Neural Technologies has established itself as a leading provider of risk management software solutions. Their solutions empower organizations to minimize financial risk to their businesses, providing comprehensive risk management capability in the areas of application risk, fraud, credit risk, customer attrition, collections and revenue assurance. Named as the large technology supplier of the year 2008 by British Computer Society and awarded both an IT Excellence award and Global Telecom Business Innovation Award in 2011, it has been ranked in the Sunday Times Tech Track 100 league table of UK’s top technology companies; the Sunday Times profit Track 100 of the UK’s fastest growing companies and in the Chartis Risk Tech 100 table of top financial risk technology vendors.

Magal Associates played the role of “taking coal to New Castle” by helping Neural Technologies establish an outpost in Bengaluru - the IT Capital of India, against competition from local design firms in Bengaluru.