Virtusa / Banking and Financial Services
Accelerating Banking Innovation

The banking environment today is undergoing unprecedented change driven by regulation, API Banking, competition from challenger banks and fintechs as well as a major technology evolution in the areas of mobility, data science and artificial intelligence. These changes are altering the competitive landscape, traditional product offerings and the manner in which and from who customers buy and use banking services.

With over 25 years of industry experience, Virtusa has become the partner of choice for banks and financial services firms navigating these challenges to digitally transform while driving operational excellence and cost efficiency. We support over close to 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 & payments as well as risk & compliance. Our industry leading digital engineering capabilities including mobile, data, cloud, UX, microservices and AI and robotics have been recognized by key analysts and experts. Virtusa XLabs is the industry leading cloud based financial services innovation platform supporting API banking, data science and blockchain solutions. Our consulting team delivers transformation and cost takeout solutions that accelerate measurable results to IT and business operations.

Our success stories include a mobile banking solution that supports more than 20% of the US transaction volume; a corporate banking portal that handles $6 trillion monthly transactions; launch of a digital only retail bank and roll-out of one of the largest trade finance platforms in the industry.

We bring together the skills and expertise that banking & financial services firms need the most.

Industry Knowledge

Understanding the unique requirements and touch-points across the entire banking and financial services value chain

Technology Capabilities

Deep knowledge of key technologies and best practices that are disrupting the banking and financial services industry

Mature Methodologies

Leverage methodologies that ensure a consistent service experience while delivering high-value, low-cost solutions

Scale & Agility

The ability to meet the cyclical nature of our clients requirements by quickly scaling up and down resources

Innovation Labs

Providing access to virtual labs that help clients accelerate experiments & launch commercially viable products

Digital Engineering

Holistic approach towards digital strategy, transformation and operations enabling clients to win in the 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 services and solutions are targeted at achieving high impact partnerships with the business and technology leadership of 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

Virtusa’s banking and financial services practice is committed to our customer’s success as they take on initiatives that have the highest priority for their business.  We understand that this may also address core needs.  Whether it’s helping to:

  • 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

Virtusa taps into its global, vertical, technology, business consulting and core outsourcing teams to meet the unique requirements of its clients.