LTI positioned as a ‘Leader’ in NelsonHall NEAT 2017 for RPA and AI in Banking

NelsonHall, a global independent research analyst firm, has positioned L&T Infotech (LTI) as a Leader for RPA and AI in Banking in its latest NelsonHall NEAT Report 2017. In particular, LTI was rated as a leader in introducing new digital models into banking processes and was rated highly in the ‘Innovators’ category for its Legacy Process Transformation Focus. These assessments signify that the company is well prepared to meet future client transformation and digitalization requirements in the banking sector. Along with its support for new digital banking models, LTI was also recognized as a ‘Leader’ for both, its AI Focus and its RPA Focus.

LTI’s “Business Process Transformation” services for the banking sector include Advisory services and end-to-end implementation services. Advisory services help customers set their vision & strategy for business process transformation, identify the right candidates for such transformation, define the roadmap, as well as develop the architecture & foundation platform with the right choice of technologies. End-to-end implementation services help in design, implementation, testing, deployment and support. Moreover, the company’s strengthening focus on RPA & AI, has led to it aggressively making investments in partnerships with several RPA and AI solutions vendors.

LTI’s rich domain expertise helps bring transformation:

• across the core processes of Banking.
• when leveraging various transformation levers. These include those aligning with strategic initiatives such as six sigma, business process re-engineering, and automation using RPA, AI, OCR, etc.

Talking about LTI’s achievement in the banking space for RPA & AI, Andy Efstathiou, Research Director at NelsonHall and author of the report evaluating the global market for RPA and AI services in banking, said, “L&T Infotech has a market leading RPA and AI services capability, covering banking processes, and focused on introducing new digital models for its clients,” He also said, “L&T Infotech enables new digital models by identifying opportunities using its proprietary process heat maps and innovation tools.”