Virtusa / Banking and Financial Services
Accelerating Banking Innovation

The banking environment today is undergoing unprecedented change driven by regulations, API banking, and rapid technological progressions in mobility, data science, and artificial intelligence. These changes are altering the competitive landscape, traditional product offerings, and the way that customers buy and use banking services.

With over 25 years of industry experience, Virtusa has become the partner of choice for several banks and financial services firms. We partner with our clients on their digital transformation journey to help them drive operational excellence and cost efficiency in their organization. We support nearly 100 banking and financial services clients across North America, Europe, Asia Pacific, and Australia including more than half of the top 30 global banks and many of the top national and regional institutions.

We have dedicated banking and financial services practices covering retail, corporate, capital markets, cards and payments, and risk and compliance. Key analysts and experts have recognized our innovative digital engineering capabilities including mobile, data, cloud, UX, microservices and AI, and robotics. Virtusa XLabs is the industry-leading cloud-based financial services innovation platform supporting API banking, data science, and blockchain solutions. Our consulting team delivers digital transformation and cost takeout solutions that accelerate measurable results to IT and business operations.

One of our mobile banking solutions supports more than 20% of the US transaction volume. Our corporate banking portal handles $6 trillion worth of monthly transactions. Our banking technology solutions helped banking and financial institutions achieve a digital-only retail bank, and we helped rollout of one of the largest trade finance platforms in the industry.

We Bring Together the Skills and Expertise That the Banking and Financial Services Industry Needs the Most

Industry Knowledge

We understand the unique requirements and touch-points across the entire banking and financial services value chain.

Technology Capabilities

Our deep knowledge of key technologies and best practices are disrupting the banking and financial services industry as we speak.

Mature Methodologies

We prioritize leveraging methodologies that ensure a consistent service experience while delivering high-value, low-cost solutions.

Scale and Agility

We meet the cyclical nature of our clients’ requirements by quickly scaling up and down resources.

Innovation Labs

Access to virtual labs helps companies like yours accelerate experiments and launch commercially viable products faster.

Digital Engineering

Our holistic approach towards digital strategy, transformation, and operations enables clients to win in this digital economy.

True Partners and Trusted Advisors Ready to Help Transform Your Enterprise

Our people are highly analytical problem solvers with a heritage of strong engineering and project management. We pride ourselves in the ability to collaborate and partner on the most demanding enterprise initiatives.

Our digital transformation services and mobile banking solutions are targeted at achieving high impact partnerships with banks and financial institutions of all sizes across regions and product types. Working with 25 of the top 50 banks, we are built for scale while always staying agile.

Committed to Customer Success

Our banking and financial services practice is committed to setting customers up for success as they take on high-priority business initiatives.  Our innovative new banking technology solutions may also help with the following:

  • Reduce technical debt
  • Migrate legacy or third-party systems to the cloud
  • Address core data governance and quality
  • Automate testing
  • Prepare for digital initiatives
  • Establish open platforms and APIs

We tap into global, vertical, technology, business consulting, and core outsourcing teams to meet the unique requirements of our clients.