Infosys BPM, the business process management subsidiary of Infosys, announced that it has been named a winner in the HfS Research Industry Blueprint: Banking & Financial Services (BFS) Operations Report 2018. According to the report, Infosys has been ranked in the prestigious Winner’s Circle after a comprehensive analysis of industry-specific services and solutions across 26 service providers in the banking and capital markets value-chain. The report rates service providers across various facets of innovation and execution on service delivery, industry-expertise, breadth of service offerings and collaboration; and recognizes Infosys’ innovation-driven operating models with a delivery focus and intrinsic ability to transform.
Infosys, which has over 5500 BFS practitioners, supporting over 35 clients across APAC, EMEA and the US, has been noted for its ability to attract, retain and reskill their employee talent. Notable developments of Infosys, in support of the banking and financial services sector, include continued investments in several onshore technologies, design, and innovation hubs in the US, development of joint solutions with ‘fintechs’ and launch of blockchain-based trade finance solutions for banks, among others.
Elena Christopher, Research Vice President, HfS Research, said, "As HfS strives to evaluate service providers in the same way that buyers do, in terms of their ability to offer solutions and specific business outcomes, we were impressed with Infosys' depth of experience across the full value chain of banking and capital markets operations. The BFS sector continues to demonstrate anemic growth and profit, thus banks are balancing the dual need of bottom line optimization with topline performance. Infosys' ability to meld consulting and design thinking, technology platform and services capabilities and automation-driven operations services offers a compelling value proposition for BFS enterprises and their current challenges. And its increased focused on zero distance initiatives is bringing the firm's practitioners closer than ever to its clients and enabling a nimble fail-fast approach to digital transformation."
An excerpt of the HfS Blueprint report can be accessed