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Mindtree - Digital Banking Services

Vendor Analysis

by Andy Efstathiou

published on Nov 04, 2021

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Report Overview:

This NelsonHall vendor assessment analyzes Mindtree'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 Mindtree is a comprehensive assessment of Mindtree’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:

Mindtree began as an IT services vendor focused on software development and R&D. Today, Mindtree provides services for digital transformation, process automation, e-commerce, mobility, cloud computing, and analytics. Mindtree focuses in BFS on delivering transformation of:

  • Customer experience
  • Risk decisions
  • Core modernization
  • Cognitive contract center
  • Intelligent process automation
  • Business intelligence
  • Operational efficiency.

Mindtree recently acquired the NXT Digital Business of L&T in May 2021 which caters to Next Gen technologies including: 

  • Applied AI
  • IOT
  • 5G
  • Quantum Tech
  • Industry 4.0
  • Cybersecurity
  • Green Tech. 

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