LTIMindtree combines Syncordis & Nielsen+Partner to form Banking Transformation Practice

By Gloria Methri

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).

LTIMindtree’s BTP aims to deliver end-to-end Consulting, Digital and IT services, leveraging commercial off-the-shelf (COTS) products and platforms serving Banks and Capital Market firms.

LTIMindtree acquired Syncordis in December 2017 and Nielsen+Partner in January 2019. Through this integration, the tech firm looks to combine the complementary capabilities of two successful companies with a proven track record in delivering industry-leading growth.

Nachiket Deshpande, full-time director and Chief Operating Officer of LTIMindtree, said, “We envision the newly formed Banking Transformation Practice to deeply serve our global clients, empower strategic partnerships and delivering productized services. We are confident that by enabling end-to-end transformation for our clients, BTP will help LTIMindtree deliver industry-leading growth.”

Guillaume Desjonqueres, Chief Executive Officer, Syncordis, said, “In LTIMindtree BTP, customers will find a partner, large enough to champion their end-to-end complex transformational aspirations and nimble enough to care deeply for them. We are excited about this integration, the potential of deeply serving our global clients and the success it brings for all of us.”

LTIMindtree enables enterprises across industries to reimagine business models, accelerate innovation, and maximize growth by harnessing digital technologies. Powered by 83,000+ talented and entrepreneurial professionals across more than 30 countries, LTIMindtree combines the strengths of erstwhile Larsen and Toubro Infotech and Mindtree in solving complex business challenges and delivering transformation at scale.

Its Banking Transformation Practice will offer customers enhanced product/platform capabilities, and a more diverse set of end-to-end, core-to-consumer offerings further augmented by deeper industry partnerships and a highly skilled talent pool.