This report has assessed profiles of the 23 top-tier service providers offering banking process transformation services and HCLTech has been positioned as a Leader in the Avasant Banking Process Transformation 2023 RadarView.
As per the analysts, “Rising competition from fintechs and significant regulatory pressure require banks to transform processes in order to stay in tune with emerging service delivery models. HCLTech’s proprietary workflow automation platform, Toscana, enables process reengineering and orchestration to help banks improve core banking operations and drive efficiencies. This is supported by its NOVUS suite of business transformation offerings with end-to-end coverage of banking solutions to optimize current service delivery models and improve digital banking services. Further, HCLTech differentiates itself from its competitors through its deep domain expertise and continued investments in building extensive partnerships.
Its focus on expanding its capabilities in KYC and AML and mortgage origination, delivery expansion, and a robust partner ecosystem has placed HCLTech as a leader in Avasant’s Banking Process Transformation 2023 RadarView.”
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