June 30, 2021
Itransition has been cooperating with Everest Group, one of the leading consulting and research firms, since 2019, being regularly featured in their Software Product Engineering Services PEAK Matrix™ Assessment among 20+ other leading software development companies. In 2021, we moved up from the Aspirants to Major Contenders on this matrix, and for the first time got featured as an Aspirant in the Application and Digital Services in Banking PEAK Matrix® Assessment.
Itransition has been continuously accumulating expertise in financial software development. Our Banking and Financial Services (BFS) offerings include digital self-service, omnichannel payments, financial analytics, wealth management, compliance and security solutions. The number of our clients operating in the BFS domain and the generated revenue have been growing steadily. Itransition’s client roster boasts a government-approved provider of tenancy deposit protection in the UK, a pioneer in the global Banking as a Platform sector, as well as several European banks, to name a few. This track record allowed Itransition to participate in Everest Group’s Application and Digital Services in Banking PEAK Matrix® Assessment 2021.
The research is based on studying Application and Digital Services (ADS) providers working within the BFS sector, taking into account their revenue, growth, services scope, lines of business, and geography. In the research, Everest Group evaluated 27 ADS providers with a global focus and 26 ADS providers with a Europe focus according to their key strengths and limitations. In order to get listed on the matrix, Itransition went through the RFI process to confirm our IT services capabilities in banking, which resulted in our company being included in the assessment in the Aspirants group.
We are proud to be featured in the research, as it reflects Itransition's increased competence in helping our BFS clients satisfy the demand for digital transformation, fostering their competitiveness and innovation. We do not stop there and will further refine and expand our service offerings, striving to move forward on Everest Group’s Application and Digital Services in Banking PEAK Matrix in the future.
About Everest Group
Founded in 1991, Everest Group is a management consulting and research firm focused on the development and execution of global IT and business services strategy. Through its practical consulting, original research, and industry resource services, Everest Group helps clients maximize value from delivery strategies, talent and sourcing models, technologies, and management approaches.
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