LTIMindtree launches specialized banking transformation practice

In a significant development, LTIMindtree, a global technology consulting and digital solutions company, has announced the integration of its subsidiaries, Syncordis and Nielsen+Partner, to form a specialized Banking Transformation Practice (BTP). This new practice is poised to deliver comprehensive consulting, digital, and IT services using commercial off-the-shelf products and platforms for Banks and Capital Market firms.

A Strategic Integration of Subsidiaries

LTIMindtree acquired Syncordis in December 2017 and Nielsen+Partner in January 2019. The integration aims to merge the complementary capabilities of these two successful companies to drive industry-leading growth. Syncordis is renowned for its expertise in banking software implementation, while Nielsen+Partner is a specialist in banking consulting and technology.

LTIMindtree Announces Integration to Form a Specialized Banking Practice

Vision for the Banking Transformation Practice

Nachiket Deshpande, Whole-Time Director and Chief Operating Officer of LTIMindtree, commented on the formation of the BTP. He stated, “We envision the newly formed Banking Transformation Practice to deeply serve our global clients, empower strategic partnerships, and deliver productized services. We are confident that by enabling end-to-end transformation for our clients, BTP will help LTIMindtree deliver industry-leading growth.”

Guillaume Desjonqueres, Chief Executive Officer of Syncordis, echoed these sentiments. He said, “In LTIMindtree BTP, customers will find a partner, large enough to champion their end-to-end complex transformational aspirations and nimble enough to care deeply for them. We are excited about this integration, the potential of deeply serving our global clients and success it brings for all of us.”

Enhanced Capabilities and Offerings

LTIMindtree’s BTP will offer customers significantly enhanced product and platform capabilities. The new practice promises a diverse set of end-to-end, core-to-consumer offerings, further augmented by deeper industry partnerships and a highly skilled talent pool. This integration positions LTIMindtree as a formidable player in the realm of digital banking solutions, providing innovative and transformative services to the banking and capital markets sector.

The formation of the Banking Transformation Practice signifies LTIMindtree’s commitment to leading the way in digital transformation and technological innovation within the banking industry.