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Mindtree - Transforming Mortgage & Loan Services
Vendor Analysis
published on Jul 13, 2022
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Report Overview:
This NelsonHall vendor assessment analyzes Mindtree's offerings and capabilities in Mortgage & Loan Services.
Who is this Report for:
NelsonHall’s ‘Transforming Mortgage & Loan Services’ Vendor Assessment for Mindtree is a comprehensive assessment of Mindtree’s lending industry digital services offerings and capabilities designed for:
- Sourcing managers monitoring the capabilities of existing suppliers of M&L processes and identifying vendor suitability for M&L 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 M&L 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 is an IT services vendor focused on continuous transformation and full stack services. It supports its clients with engagements delivering process automation, analytics, digital transformation, mobility, and cloud computing. Mindtree’s lending services focus on:
- Transforming client platforms to solution stacks (microservices architecture)
- Improving customer experience in their channel interactions with lenders
- Supporting rearchitecting of the client operational ecosystem
- Shift the client’s technology focus from running IT to developing new financial products supported on an as-needed basis with IT ops
- Providing emerging solution functionality
Mindtree has been increasing its partnerships with emerging solution vendors and services providers to expand its range of capabilities and access to clients. In May 2022, it announced its intention to merge with LTI to enable it to become a tier-one Indian services vendor. This proposed merger would provide scale and new service offerings to enable upsell to clients.