Overview
Virtusa is a publicly traded company (NASDAQ GS: VRTU) and headquartered in Southborough, MA. Virtusa is a global provider of Digital Business Transformation, Digital Engineering, and Information Technology (IT) outsourcing services that accelerates our clients’ journey to their Digital Future. Virtusa serves Global 2000 companies across all major industries. Using a combination of digital strategy, digital engineering, business implementation, and IT platform modernization services, Virtusa helps clients execute successful end-to-end digital business transformation initiatives.
Virtusa engages its clients to re-imagine their business models and develop strategies to defend and grow their business by introducing innovative products and services, developing distinctive digital consumer experiences, creating operational efficiency using digital labor, developing operational and IT platforms for the future, and rationalizing and modernizing their existing IT applications infrastructure. As a result, its clients are simultaneously able to drive business growth through digital-first customer experiences, while also consolidating and modernizing their IT application infrastructure to support digital business transformation.
Virtusa has a dedicated Banking and Financial services practices covering Retail, Corporate, Capital markets, Cards & Payments as well as Risk & Compliance. Our industry leading Digital Engineering capabilities including Mobile, Data, Cloud, UX, Microservices, AI and Robotics have been recognized by key analysts and experts. Virtusa xLabs is the industry leading Cloud based Financial services Innovation platform supporting API banking, Data science and Blockchain solutions. Virtusa xLabs team is a unique blend of engineers, technologists and professional designers. We find that this balance helps our Banking and Financial services clients to spot new technology that is viable and value creating for their business. Virtusa xLabs team uses Design Thinking as a key tool to help our clients address the initial period of ambiguity that accompanies the launch of each new technology. Services in the BFS domain include strategic IT consulting for rationalization, modernization and operational excellence, Application Development, complex digital transformational programs, Infrastructure Management Services (IMS), software quality testing, and Application Support & Maintenance (ASM).
Our industry leading propositions like Branch Transformations (Smart ATM), MyBank, Open Innovation Platform, Post trade optimization, RegTech, KYC Optimizations, Contract center transformation and Gamification enables the bank to navigate thru the current technology disruption and be future ready.
Virtusa has a global presence with over 50 offices in 19 countries. Virtusa has over 25 years of industry experience and has become the partner of choice for Banks and Financial services firms helping them to digitally transform while driving operational excellence and cost efficiency. We support over 100 Banking and Financial services clients across North America, Europe, Asia Pacific and Australia including more than half of the top 30 global banks and many of the top national and regional institutions. The company had 21,150 employees at the end of Q1 FY19, of which 8,500 are available to provide IT services to their Banking & Financial services clients.
In addition to Banking & Financial services, Virtusa provides services to clients across the Insurance, Healthcare & Lifesciences, Telecom, Media & Entertainment, Manufacturing, Retail & Distribution, Aerospace, Energy & Utilities, Travel & Hospitality, Transportation & logistics industries.