August 24, 2016 6:09 pm | Updated 5 years ago.
HCL Technologies (HCL), a premier global IT services company, has been announced as the “LEADER” in Everest Group PEAK Matrix for Global Banking IT Outsourcing solutions. According to the report “IT Outsourcing in Global Banking Service Provider Landscape with PEAK Matrix Assessment 2016”, HCL’s compelling digital vision and high emphasize on technology are some of the merits cited by its clients.
The report analysed 28 IT service companies for banking applications outsourcing, characterizing top leaders as those that have invested aggressively (in house/alliance/procurement) in nextgeneration technologies such as mobility, analytics, cloud, automation, and cognitive computing, partnered with specific technology startups through a welldefined FinTech method, and enhanced their nearshore presence.
In accordance with the report, HCL has exhibited compelling growth by replacing large incumbents in recent deal wins and has been able to properly position itself as an innovative IT service provider with emphasize on risk & regulatory compliance, legacy modernizations, and digital. IPled approach, growing partner ecosystem, success in large scale vendor consolidations contracts, and optimistic investments in valued clients through coinnovation labs and PoCs have aided it build strong credential and position itself as the leader in this year’s Banking AO PEAK Matrix.
“Everest Group has recognized HCL as a leader for the second year in a row, testifying HCL’s leadership in the global banking IT and applications outsourcing space. The recognition highlights the maturity of HCL’s bankingspecific investments & solutions, coinnovation labs, partner ecosystem and flexible & innovative delivery models. Clients have specifically praised HCL’s strong and clear digital vision through the BEYONDigital business unit and high focus on innovation” said Rahul Singh, President & Global Head Financial Services, HCL Technologies.
Date of Publication: August 23rd, 2016