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NIIT Technologies positioned as a 'Leader' in the NelsonHall NEAT Report for RPA & AI in Banking 2019

Posted On: 2019-04-23 17:02:19

NIIT Technologies Limited, a leading global IT solutions organization, today announced that NelsonHall has positioned it as a 'Leader' in the Overall market segment for RPA and AI in Banking in its latest NelsonHall NEAT report 2019.

This NelsonHall Vendor Evaluation & Assessment Tool (NEAT) analyzes the performance of 14 leading vendors offering RPA & AI services in the banking sector. The NEAT tool allows strategic sourcing managers to assess the capability of vendors across a range of criteria and business situations and identify the best performing vendors overall, and with specific capability around RPA, AI, and supporting new digital banking models.

This assessment highlights NIIT Technologies' significant focus on investments in emerging technologies to enable business transformation of its clients in the Banking sector. As a leader, NIIT Technologies exhibits both a high ability to deliver immediate benefit and a high capability to meet client future requirements relative to its peers.

Gautam Samanta, Global Head - BFS, NIIT Technologies said "We are delighted to be recognized as a Leader in NelsonHall's RPA and AI in Banking NEAT evaluation report. This recognition is a strong endorsement of our strategy to transform client's business with AI and RPA working at the intersection of deep Financial Services domain knowledge to enable our clients to derive real-world business impact. It also reflects that we are well positioned to respond to the changing need for RPA and AI engagements in the Financial Services sector."

"NIIT Technologies has developed a robust framework for analysing financial institutions' operations and recommending automation use cases," said Andy Efstathiou, Research Director at NelsonHall. "They have the flexibility to deliver automation either as a managed service or in-house, as the client prefers."

According to the report, NIIT Technologies leads with its frameworks and domain knowledge to optimize processes and then automate them. The company has orchestrated solutions converging RPA, AI and BPM to deliver Smart Automation across enterprises. The company actively assists clients to establish CoEs and help them to systematically scale RPA and AI within their organization.

Shares of NIIT TECHNOLOGIES LTD. was last trading in BSE at Rs.1307.4 as compared to the previous close of Rs. 1316.15. The total number of shares traded during the day was 4269 in over 240 trades.

The stock hit an intraday high of Rs. 1318.55 and intraday low of 1299.8. The net turnover during the day was Rs. 5580462.


Source: Equity Bulls

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