Vendor Analysis
published on Jan 06, 2022
Report Overview:
This NelsonHall vendor assessment analyzes LTI's offerings and capabilities in Digital Banking Services.
Who is this Report for:
NelsonHall’s ‘Digital Banking Services: Transforming the Financial Services Industry’ Vendor Assessment for LTI is a comprehensive assessment of LTI’s banking industry digital services offerings and capabilities designed for:
- Sourcing managers monitoring the capabilities of existing suppliers of digital processes and identifying vendor suitability for digital services RFPs
- Vendor marketing, sales, and business managers looking to benchmark themselves against their peers
- Financial analysts and investors specializing in the support services sector.
Scope of this Report:
The report provides a comprehensive and objective analysis of digital services offerings, capabilities, and market and financial strength, including:
- Identification of the company’s strategy, emphases and new developments
- Analysis of the company’s strengths, weaknesses and outlook
- Revenue estimates
- Analysis of the profile of the company’s customer base including the company’s targeting strategy and examples of current contracts
- Analysis of the company’s offerings and key service components
- Analysis of the company’s delivery organization including the location of delivery locations.
Key Findings & Highlights:
Larsen & Toubro Infotech (LTI) has delivered consulting and IT services to the banking industry for the past twenty years. Currently, the financial services industry accounts for 46% of LTI revenues. LTI has been delivering digital banking services to global as well as regional banks across consumer banking, corporate banking, wealth management, payments & cards for 15 years.
Today LTI is developing offerings and delivering digital services to “solve for the great restructuring in banking”. LTI has developed four offering sets:
- Unlimited banking: providing limitless digital horsepower for operational delivery
- Insightful banking: converting data into insights
- Engaged banking: smart, personalized, and humane experiences
- Reimagined banking: reimagining critical business value chains for a digital native world