Recognized for BFSI Expertise, Stakeholder-Centric Engagement, and Ecosystem-Driven Innovation

SOUTHBOROUGH, Mass. – (April 14, 2025) – Virtusa Corporation, a global provider of digital strategy, digital engineering, and IT services, today announced that it has been positioned as a Leader in the recently published Everest Group Banking and Financial Services (BFS) IT Services Specialists PEAK Matrix® Assessment 2025. The report evaluates firms that deliver domain-intensive, stakeholder-centric solutions. Virtusa was recognized for its deep BFS domain expertise, client-first delivery model, and ability to drive tangible business outcomes for global financial institutions.

“Being named a Leader in Everest Group’s BFS IT Services Specialists PEAK Matrix® 2025 is a strong endorsement of our commitment to engineering value in the BFSI sector,” Sanjay Deshpande, Executive Vice President & Head of Banking, Communications and Emerging Industries at Virtusa. “Our platform-centric approach, strong industry partnerships, and ability to customize engagements to the needs of CXOs and enterprise stakeholders are key to how we help clients accelerate modernization, reduce costs, and stay competitive in a rapidly evolving landscape.”

Virtusa’s leadership positioning reflects its ability to deliver end-to-end digital transformation for BFS clients through ecosystem-driven innovation. The company has established strategic partnerships with hyperscalers and technology providers to close capability gaps and drive differentiated value. Enterprises have also commended Virtusa’s client engagement model, which includes direct sponsorship from the CEO or CXO levels in large accounts.

“Virtusa’s sustained focus on digital engineering excellence and a differentiated go-to-market strategy—anchored in partnerships, offerings, and domain competencies—has strengthened its market standing in the banking and financial services IT landscape,” says Pranati Dave, Practice Director, Everest Group. “Clients have lauded Virtusa’s advisory-led approach and POC-driven engagements, particularly around generative AI, which reinforce business value. These distinctive capabilities, combined with its breadth across core modernization, open banking, FinCrime, and sustainability, have helped Virtusa earn a Leader recognition on Everest Group’s inaugural Banking and Financial Services (BFS) IT Services Specialists PEAK Matrix® Assessment 2025.”

Virtusa has demonstrated strong capabilities in core banking, insurance, data analytics, and AI/ML, offering cost-effective and high-impact solutions that enable growth and cross-sell opportunities for clients navigating today’s complex regulatory and technological environments.

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