Recognized for strong market impact, delivery capability, and sustained growth in global banking IT services

SOUTHBOROUGH, Mass., Jan 29, 2025 – Virtusa Corporation, a global product and platform engineering services company, today announced that it has been designated a Leader and Star Performer in the newly released Everest Group Banking IT Services PEAK Matrix® Assessment 2025.

This year’s assessment evaluates providers on their ability to deliver value across the banking technology landscape and measures performance across market impact, vision, and capability. Virtusa’s positioning as a Leader reflects its strong market adoption, diversified portfolio, client value delivery, and industry-focused innovation. The Star Performer recognition highlights the company’s year-over-year improvement across key PEAK Matrix dimensions, including portfolio strength, deal momentum, and investments in technology, talent, and domain expertise.

“Being named both a Leader and a Star Performer in Everest Group’s Banking IT Services PEAK Matrix® 2025 reaffirms our commitment to engineering transformation underpinned by domain for global financial institutions,” said Sanjay Deshpande, Executive Vice President & Head of Banking, Communications and Emerging Industries at Virtusa. “Experience being the fundamental battleground for business, we have made significant investments towards accelerating the AI-enabled digital engineering journeys for our clients with maniacal focus on sustained impact, resilient operations, and regulatory confidence.”

Virtusa’s banking practice delivers solutions spanning core banking modernization, data and analytics, payments transformation, digital onboarding, open banking, and risk & compliance. Guided by a customer-centric, AI-enabled digital engineering approach and a collaborative engagement model, Virtusa helps financial institutions accelerate time-to-market, improve operational efficiency, enhance customer experiences, and drive sustainable digital transformation.

Learn more about our BFS services and solutions: https://www.virtusa.com/industry/bfs

Disclaimer

Licensed extracts taken from Everest Group’s PEAK Matrix® Reports may be used by licensed third parties for use in their own marketing and promotional activities and collateral. Selected extracts from Everest Group’s PEAK Matrix® reports do not necessarily provide the full context of Everest Group’s research and analysis. All research and analysis conducted by Everest Group and included in Everest Group’s PEAK Matrix® reports is independent, and no organization has paid a fee to be featured or influence its positioning. To access complete research and learn more about Everest Group’s methodology, please visit Everest Group PEAK Matrix® Reports.

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