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).
The new practice aims to deliver end-to-end consulting, digital, and IT services to banks and capital market firms, leveraging commercial off-the-shelf (COTS) products and platforms. LTIMindtree acquired Syncordis in December 2017 and Nielsen+Partner in January 2019, and the integration is expected to combine the capabilities of the two companies to deliver industry-leading growth.
Nachiket Deshpande, Chief Operating Officer of LTIMindtree, said that the Banking Transformation Practice will help the company serve its global clients more effectively by enabling end-to-end transformation. Guillaume Desjonqueres, CEO of Syncordis, expressed excitement about the integration and the potential it brings for serving global clients.
LTIMindtree enables enterprises across industries to reimagine business models, accelerate innovation, and maximize growth through digital technologies. The newly formed Banking Transformation Practice will offer customers enhanced product/platform capabilities and a more diverse set of core-to-consumer offerings.