Virtusa

Virtusa and Thought Machine Launch the SME Customer Onboarding Platform to Streamline Business Banking

Retrieved on: 
Wednesday, August 9, 2023

"We believe that Thought Machine is one of the leading next-generation core banking providers, owing to Vault Core's composable microservices architecture and numerous pre-configured financial products. We are excited to have developed a seamless digital onboarding journey on top of Vault Core, leveraging Thought Machine's easy-to-use APIs and superb technology vendor ecosystem." -- Amit Bhute, SVP & Head, Banking Practice at Virtusa.

Key Points: 
  • The SME Customer Onboarding platform, powered by Virtusa's expertise in digital transformation and Thought Machine's advanced core banking platform, Vault Core, offers an array of powerful features designed to accelerate the onboarding process for SME customers.
  • Key features of the SME Customer Onboarding Platform include:
    Digitized Onboarding: By leveraging digital technologies, banks can now onboard SME customers conveniently and efficiently, minimizing the need for physical paperwork.
  • The SME Customer Onboarding Platform offers financial institutions a competitive edge by simplifying and accelerating the SME onboarding journey.
  • Virtusa and Thought Machine are excited about the positive impact this collaboration will have on the SME banking sector.

Virtusa Recognized as a Major Contender in the Asset & Wealth Management PEAK Matrix®

Retrieved on: 
Monday, August 7, 2023

, Aug. 7, 2023 /PRNewswire/ -- Virtusa Corporation , a global provider of digital strategy, digital engineering, and information technology (IT) services and solutions, is proud to announce its recognition as a Major Contender in the Asset & Wealth Management PEAK Matrix.

Key Points: 
  • , Aug. 7, 2023 /PRNewswire/ -- Virtusa Corporation , a global provider of digital strategy, digital engineering, and information technology (IT) services and solutions, is proud to announce its recognition as a Major Contender in the Asset & Wealth Management PEAK Matrix.
  • This recognition reflects Virtusa's commitment to delivering innovative solutions and driving digital transformation in the asset and wealth management industry.
  • "We are thrilled to be recognized as a Major Contender in the Asset & Wealth Management PEAK Matrix," said Sanjay Deshpande, Executive Vice President, Banking & Financial Services, Virtusa.
  • Virtusa's recognition as a Major Contender in the Asset & Wealth Management PEAK Matrix reaffirms its position as a trusted partner and technology enabler for asset and wealth management firms globally.

Virtusa Recognized as a Star Performer in Everest Group's Cloud Services PEAK Matrix™ for North America

Retrieved on: 
Wednesday, July 26, 2023

The prestigious title of a Star Performer is awarded to providers who demonstrate outstanding performance improvements across various evaluation parameters, positioning them in the top quartile.

Key Points: 
  • The prestigious title of a Star Performer is awarded to providers who demonstrate outstanding performance improvements across various evaluation parameters, positioning them in the top quartile.
  • This recognition further strengthens Virtusa's position as a key player in the cloud services landscape, showcasing their commitment to delivering exceptional market success and capability advancement.
  • "We are thrilled to receive this distinguished recognition as a Star Performer in the Cloud Services PEAK Matrix™ for North America," said Venkatesan Vijayaraghavan, EVP and Global Head – Technology Service Lines, Virtusa.
  • Virtusa's upward movement in the Cloud Services PEAK Matrix™ is a testament to its continued efforts to drive excellence in the industry.

Virtusa Receives Healthcare / Life Sciences Award for Excellence in Pega Solutions

Retrieved on: 
Tuesday, July 25, 2023

SOUTHBOROUGH, Mass., July 25, 2023 /PRNewswire/ -- Virtusa Corporation, a global provider of digital strategy, digital engineering, and information technology (IT) services and solutions, has been honored with the prestigious Healthcare / Life Sciences Award for Excellence in Pega Solutions. This accolade recognizes Virtusa's outstanding contributions and expertise in leveraging the power of Pegasystems, the low-code platform provider empowering the world's leading enterprises to Build for Change®.

Key Points: 
  • SOUTHBOROUGH, Mass., July 25, 2023 /PRNewswire/ -- Virtusa Corporation, a global provider of digital strategy, digital engineering, and information technology (IT) services and solutions, has been honored with the prestigious Healthcare / Life Sciences Award for Excellence in Pega Solutions.
  • "We are thrilled to receive the Healthcare / Life Sciences Award for Excellence in Pega Solutions," said Mallesh Kalary EVP and BU Head - Healthcare, Insurance and Life Sciences, Virtusa.
  • "Congratulations to Virtusa Corporation for receiving the Healthcare / Life Sciences Award for Excellence in Pega Solutions," said Judy Buchholz, senior vice president, global partner ecosystems, Pega.
  • The Healthcare and Life Sciences Award for Excellence in Pega Solutions serves as a validation of Virtusa's commitment to providing cutting-edge solutions that empower healthcare and life sciences organizations to achieve their strategic objectives in an increasingly competitive landscape.

Virtusa Is Awarded Gold Medal from EcoVadis for Sustainability Performance

Retrieved on: 
Monday, July 24, 2023

SOUTHBOROUGH, Mass., July 24, 2023 /PRNewswire/ -- Virtusa Corporation, a global provider of digital strategy, digital engineering, and information technology (IT) services and solutions, announced that it was awarded a Gold Medal from EcoVadis, the world's most trusted provider of business sustainability ratings.

Key Points: 
  • SOUTHBOROUGH, Mass., July 24, 2023 /PRNewswire/ -- Virtusa Corporation , a global provider of digital strategy, digital engineering, and information technology (IT) services and solutions, announced that it was awarded a Gold Medal from EcoVadis, the world's most trusted provider of business sustainability ratings.
  • "This achievement is indicative of Virtusa's purpose-driven approach to incorporate sustainability strategies into our daily operations," said Denver De Zylva,  Senior Vice President, Facilities and Sustainability, Virtusa.
  • EcoVadis is a leader in business sustainability ratings, with more than 85,000 companies globally being rated by EcoVadis.
  • The EcoVadis assessment evaluates 21 sustainability criteria across four core themes: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement.

Virtusa Secures SIIA CODiE Awards for Best Artificial Intelligence Solution in Healthcare

Retrieved on: 
Thursday, July 20, 2023

SOUTHBOROUGH, Mass., July 20, 2023 /PRNewswire/ -- Virtusa Corporation, a global provider of digital strategy, digital engineering, and IT services and solutions, is proud to announce that its Next-gen Prior Authorization for Payers solution has been named the best Artificial Intelligence Solution in Healthcare of 2023 as part of the annual SIIA CODiE Awards. The prestigious CODiE Awards recognize the companies producing the most innovative Business Technology products across the country and around the world.

Key Points: 
  • Virtusa earns prestigious industry recognition by SIIA for Best AI Solution in Healthcare Next-gen Prior Authorization for Payers.
  • SOUTHBOROUGH, Mass., July 20, 2023 /PRNewswire/ -- Virtusa Corporation, a global provider of digital strategy, digital engineering, and IT services and solutions, is proud to announce that its Next-gen Prior Authorization for Payers solution has been named the best Artificial Intelligence Solution in Healthcare of 2023 as part of the annual SIIA CODiE Awards.
  • The prestigious CODiE Awards recognize the companies producing the most innovative Business Technology products across the country and around the world.
  • "Our Next-gen Prior Authorization for Payers solution embodies Virtusa's commitment to revolutionizing the healthcare industry through cutting-edge artificial intelligence technology," said Mallesh Kalary, EVP and BU Head - Healthcare, Insurance, and Life Sciences, Virtusa.

Virtusa Wins the U.S. Partner of the Year Award for Azure Modernizing Applications

Retrieved on: 
Thursday, June 29, 2023

Partner of the Year for Azure Modernizing Applications.

Key Points: 
  • Partner of the Year for Azure Modernizing Applications.
  • This remarkable achievement highlights Virtusa's exceptional expertise and success in delivering innovative solutions and services on the Microsoft Azure platform.
  • Among hundreds of partner nominations, Virtusa's exceptional performance and outstanding contributions in modernizing applications on the Azure cloud platform stood out as industry leading.
  • Partner of the Year for Azure Modernizing Applications," expressed said Rajesh Khanna, Senior Vice President Business Development, Virtusa, "This prestigious award is a testament to our deep expertise in cloud transformation and our ability to help organizations unlock the full potential of Azure.

Apexon Extends Leadership Team with Three Key Appointments

Retrieved on: 
Monday, June 19, 2023

He previously led the global talent supply chain function at Wipro Technologies, following several impactful roles at Cognizant Technology Solutions.

Key Points: 
  • He previously led the global talent supply chain function at Wipro Technologies, following several impactful roles at Cognizant Technology Solutions.
  • His expertise in operations management and artificial intelligence makes him an important addition to the Apexon team.
  • “As our clients aspire to achieve ambitious digital transformation goals, they consistently choose Apexon as their preferred technology partner,” said Sriniketh Chakravarthi, Chief Executive Officer of Apexon.
  • I eagerly anticipate collaborating with them, harnessing their combined experience, leadership skills, and unwavering commitment to excellence as we unlock exciting new growth opportunities.”

Virtusa and Icon Solutions Forge Strategic Partnership to Drive Global Payments Transformation

Retrieved on: 
Friday, June 16, 2023

SOUTHBOROUGH, Mass., June 16, 2023 /PRNewswire/ -- Virtusa Corporation, a global provider of digital strategy, digital engineering, and information technology (IT) services and solutions, today announced a strategic partnership with Icon Solutions, a leading specialist provider of solutions and technology services that simplify payments transformation. This collaboration brings together Virtusa's expertise and Icon Solutions' proven payments solution, the Icon Payments Framework (IPF), creating a powerful alliance to propel successful payments transformation for banks worldwide.

Key Points: 
  • Virtusa and Icon Solutions announce a collaboration to join forces and unlock a new era of payments transformation for banks worldwide.
  • SOUTHBOROUGH, Mass., June 16, 2023 /PRNewswire/ -- Virtusa Corporation, a global provider of digital strategy, digital engineering, and information technology (IT) services and solutions, today announced a strategic partnership with Icon Solutions, a leading specialist provider of solutions and technology services that simplify payments transformation.
  • This collaboration brings together Virtusa's expertise and Icon Solutions' proven payments solution, the Icon Payments Framework (IPF), creating a powerful alliance to propel successful payments transformation for banks worldwide.
  • By combining decades of global payments implementation experience with handpicked partners, Virtusa and Icon Solutions are establishing a thriving ecosystem that empowers banks to achieve their payments transformation objectives.

Virtusa Named a Leader in NelsonHall's 2023 Quality Engineering NEAT Reports

Retrieved on: 
Thursday, June 15, 2023

SOUTHBOROUGH, Mass., June 15, 2023 /PRNewswire/ -- Virtusa Corporation, a global provider of digital strategy, digital engineering and IT services and solutions, today announced it achieved Leadership status in NelsonHall's 2023 Quality Engineering NEAT Report. Virtusa was recognized as a Leader across five different categories and a High Achiever or Major Player in others, reinforcing the company's commitment to excellence in quality engineering.

Key Points: 
  • SOUTHBOROUGH, Mass., June 15, 2023 /PRNewswire/ -- Virtusa Corporation , a global provider of digital strategy, digital engineering and IT services and solutions, today announced it achieved Leadership status in NelsonHall's 2023 Quality Engineering NEAT Report.
  • Virtusa was recognized as a Leader across five different categories and a High Achiever or Major Player in others, reinforcing the company's commitment to excellence in quality engineering.
  • NelsonHall is a leading global analyst firm, and the NelsonHall Vendor Evaluation & Assessment Tool (NEAT) analyzes the performance of vendors offering quality engineering services.
  • NelsonHall named Virtusa a Leader in the following categories:
    Overall: Recognition as a Leader in the Overall category highlights the strength of Virtusa's offerings and commitment to customers.