Analyst Firm Name
Everest Group
HCL Technologies positioned as a Leader in Everest Group Application and Digital Services in Banking PEAK Matrix® Assessment 2021, Europe

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One of the major challenges that the banking industry continues to face is a paucity of technical knowledge. HCL Technologies positioned itself as a Leader to mitigate these critical challenges with a vision of becoming a strategic partner to banks in transformation for the digital age leveraging its Mode 1 and Mode 2 strategy and deploying its vertical offerings/IPs through Mode 3 strategy.

Everest Group evaluated 26 Application and Digital Services (ADS) providers with a Europe focus and based upon strengths and limitations, HCL Technologies have been positioned as a Leader in Application and Digital Services in Banking PEAK Matrix® Assessment 2021, Europe.

“In Europe, a regulatory push, driven by open banking and rising competition from digital-only challenger banks, is causing traditional banking institutions to invest in a future-ready, platform-based operating model. Establishing strong partnerships with the ecosystem of top technology providers in the region for digital banking, sub-verticalized SaaS based solutions, and low-code / no-code, traction in modernization and data & analytics deals, and demonstrated commitment in client engagements helped HCL earn a Leader position on Everest Group’s Application and Digital Services in Banking PEAK Matrix® Assessment 2021 - Europe.”

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Download the custom report to know more about HCL Technologies and its portfolio mix that benefitted banking enterprises across Europe.

 

One of the major challenges that the banking industry continues to face is a paucity of technical knowledge. HCL Technologies positioned itself as a Leader to mitigate these critical challenges with a vision of becoming a strategic partner to banks in transformation for the digital age leveraging its Mode 1 and Mode 2 strategy and deploying its vertical offerings/IPs through Mode 3 strategy.

Everest Group evaluated 26 Application and Digital Services (ADS) providers with a Europe focus and based upon strengths and limitations, HCL Technologies have been positioned as a Leader in Application and Digital Services in Banking PEAK Matrix® Assessment 2021, Europe.

“In Europe, a regulatory push, driven by open banking and rising competition from digital-only challenger banks, is causing traditional banking institutions to invest in a future-ready, platform-based operating model. Establishing strong partnerships with the ecosystem of top technology providers in the region for digital banking, sub-verticalized SaaS based solutions, and low-code / no-code, traction in modernization and data & analytics deals, and demonstrated commitment in client engagements helped HCL earn a Leader position on Everest Group’s Application and Digital Services in Banking PEAK Matrix® Assessment 2021 - Europe.”

Image removed.

Download the custom report to know more about HCL Technologies and its portfolio mix that benefitted banking enterprises across Europe.

 

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