Infosys recognized as a Leader in Everest Group’s Finastra IT Services PEAK Matrix® 2022
There is a massive surge in demand for platform-centric operating models, contributing to significant growth for the Finastra product suite. A banking technology conglomerate, Finastra has successfully differentiated itself from other product vendors by delivering componentized solutions and open platforms that can be installed on-premise or on the cloud and offer microservices capabilities.
IT service providers under the Finastra partner network are playing a significant role in helping enterprises embark on their Finastra-led digital transformation journeys. In this PEAK Matrix® report for Finastra IT Services in 2022, Everest Group, a leading global research firm, assessed 15 service providers on their Finastra IT services in BFS, including their vision, capability and market impact. Infosys has emerged as a Leader in this inaugural rating, have a look at the graph below:
Key strengths recognized in the report:
- Infosys leverages its broad portfolio of FinTech partners to identify gaps in Finastra’s offerings and customise the solution as per the clients’ needs
- Infosys has established joint innovation centers to co-invest in products where Finastra product SMEs and Infosys domain and technology experts co-create solutions
- Aligning itself with Finastra’s overall vision, Infosys aims to become a leading partner in payments and lending and has made credible investments in creating IPs for GPP and Loan IQ
- Infosys’ strength also lies in delivering a good mixture of onshore/offshore talent