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Infostretch Identified as a Leader in Supporting New Digital Banking Business Models

NelsonHall’s NEAT Vendor Evaluation for Digital Banking Services report highlights Infostretch’s leadership and innovation

Infostretch has been recognized as a “Leader” and “Innovator” in NelsonHall’s most recent NEAT vendor evaluation for Digital Banking Services. NelsonHall’s evaluation highlights Infostretch’s leadership in providing support for new digital banking business models and acknowledges its innovation in the field of professional services. NelsonHall also identified Infostretch as a “Major Player” for its “Hosted / SaaS Delivery” and for its overall digital banking offering.

“In response, digital services vendors need to combine hybrid cloud capabilities and AI-enabled operations to support the transformation to new business models. This report recognizes Infostretch’s capability as a “Leader”

Infostretch is a pure-play digital engineering services firm headquartered in Silicon Valley. Its services are trusted by over half of the Fortune100 including one of the largest banks in the US and many FinTech companies in the US and the UK. The company includes over 1,200 digital engineers and combines industry best practices, third-party solutions, as well as its own Intellectual Property to accelerate digital initiatives.

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NelsonHall is a global analyst firm which helps organizations understand, adopt and optimize IT and business services that enable digital transformation in the enterprise. The firm provides buy-side organizations with detailed, critical information on markets and vendors to help them make fast and well-informed sourcing decisions. NelsonHall’s research is based on rigorous, original research, and is widely respected for the quality, depth, and insight of its analysis.

The report author, Andy Efstathiou, Banking Sourcing Research Director, NelsonHall, commented, “Digital banking services vendors increasingly require the capabilities to deliver professional services, cloud migration, and BPaaS in the rapidly changing digital banking operations market. Based on a rigorous assessment of the market, in our view Infostretch is a “Leader” in supporting new digital banking business models, an “Innovator” in professional services, and a “Major Player” in SaaS delivery. Overall, we concluded Infostretch should be regarded as a Major Player.”

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“Digital disruption has ripped up the rule book for banks,” said Rutesh Shah, Infostretch Chief Executive Officer and Co-Founder. “In response, digital services vendors need to combine hybrid cloud capabilities and AI-enabled operations to support the transformation to new business models. This report recognizes Infostretch’s capability as a “Leader” to enable and accelerate business transformation. It is confirmation of the support our customers experience every day: our unwavering commitment to solve some of their most pressing digital challenges.”

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