HCLTech recognized as a Leader in Everest Group’s Banking Operations Services PEAK Matrix® Assessment 2023

Publish Date
5 min. read
Publish Date
5 min. read

NEW YORK, US and NOIDA, India, Nov 21, 2023HCLTech, a leading global technology company, has been positioned as a Leader in Everest Group’s Banking Operations Services PEAK Matrix® Assessment 2023, in recognition of its ability to deliver comprehensive services to its clients, enabling them to drive growth, efficiency and customer satisfaction.

HCLTech achieved the highest combined score among the 34 banking operations service providers assessed.

“This recognition is a testimony of our holistic banking service offerings and innovative engagement models. It validates HCLTech’s next-generation service models and focus on digital transformation solutions by leveraging analytics, automation and AI, combined with industry expertise and an advisory-led approach,” said Raghu Kidambi, Corporate Vice President, Digital Process Operations, HCLTech.

“HCLTech continues to strengthen its position in established geographies like North America, the UK and Continental Europe, while making strategic inroads into emerging markets like the MEA region. With new client wins in lending, payments, retail banking and trade finance, HCLTech demonstrates its capabilities in catering to diverse financial domains," said Sahil Chaudhary, Practice Director, Everest Group.

The report recognizes HCLTech’s focus on end-to-end solutions across banking lines of business (LoBs), empowering financial institutions worldwide with solutions that drive growth, efficiency and customer satisfaction.

This report will assist key stakeholders, such as banks, financial institutions and providers, in understanding the current banking service provider landscape and help in making informed sourcing and partnership decisions. To learn more, click here.

About HCLTech

HCLTech is a global technology company, home to more than 221,000 people across 60 countries, delivering industry-leading capabilities centered around digital, engineering, cloud and AI, powered by a broad portfolio of technology services and products. We work with clients across all major verticals, providing industry solutions for Financial Services, Manufacturing, Life Sciences and Healthcare, Technology and Services, Telecom and Media, Retail and CPG, and Public Services. Consolidated revenues as of 12 months ending September 2023 totaled $12.9 billion. To learn how we can supercharge progress for you, visit hcltech.com.

For further details, please contact:

Michelle Rico, Americas
michelle.rico@hcltech.com

Elka Ghudial, EMEA
elka.ghudial@hcltech.com

James Galvin, ANZ
james.galvin@hcltech.com

Siddhartha Bhatnagar, India
bhatnagars@hcltech.com

Contact Us

Global

Ashutosh Sharma
HCLTech

AMERICAS

Meredith Bucaro
HCLTech

EMEA

Elka Ghudial
HCLTech

APAC

James Galvin
HCLTech

INDIA

Nitin Shukla
HCLTech

Other Newsfeeds

HCLTech named in Forbes Canada’s Best Employers 2026 list
Ranked among the top 15 global IT software and services companies
HCLTech achieves multiple AWS Competencies
Recognized for deep technical expertise in delivering AWS-compliant solutions across Supply Chain, Security and High Performance Computing.
HCLTech named a Leader in Everest Group’s 2025 Digital Workplace Services report
This recognition in Everest Group’s PEAK Matrix® Assessment highlights HCLTech’s commitment to delivering value-driven, innovative solutions.
HCLTech named a Leader in IDC MarketScape for Managed SASE Services 2025
Recognized for its multivendor SASE expertise, AI-driven orchestration and automation, and global delivery capabilities.
HCLTech wins Innovation Award at 2025 Ericsson Supplier Awards
Recognized for AI-driven capabilities and automation, HCLTech helped enhance Ericsson’s operational efficiency.
FS Banking News HCLTech recognized as a Leader in Everest Group’s Banking Operations Services PEAK Matrix® Assessment 2023