Mumbai, India, November 14, 2014: L&T Infotech, a global provider of information technology services and solutions and a wholly-owned subsidiary of the USD 14.3 billion Larsen & Toubro, has been named as a member of the 2014 FinTech Forward 100 list of the leading technology providers in the world. L&T Infotech was ranked #38 on the Top 100 list. The list, a collaboration of American Banker and BAI was released on November 13, 2014 at the BAI Retail Delivery Conference, which is being held in Chicago.
V. K. Magapu, Managing Director of L&T Infotech, said, “Our innovative solutions help address the unique business problems of the BFSI (Banking, Finance, Security and Insurance) industry. Our overall experience in the BFSI space – of working with our sister companies and facilitating global BFSI majors with their IT strategies, have helped us be a strategic partner to our clients. Our positioning in the FinTech Forward rankings vindicates these efforts.”
FinTech Forward brings together the research, media, and event capabilities and the engaged and influential audience communities – of banking’s top two professional information and education organizations. American Banker is the leading resource for banking and financial services professionals providing information and analysis, events, research, and marketing services. BAI is the financial services industry’s resource for breakthrough information and intelligence needed to innovate and stay relevant in an evolving marketplace.