Tech Mahindra Recognized as Leader & Star Performer in Everest Group’s Banking IT Services and Payments IT Services PEAK Matrix® Assessments 2025
Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, announced that it has been recognized as a Leader and Star Performer in both the Everest Group Banking IT Services and Payments IT Services PEAK Matrix® Assessment. The recognition reflects Tech Mahindra’s strong market performance, deep domain expertise, and its ability to deliver high-value outcomes for global banking and payments institutions.
Everest Group evaluated 41 Banking IT services providers and 32 Payments IT services providers globally on parameters including vision, capability, and market impact. Leaders and Star Performers were distinguished for their innovation leadership, integrated solution portfolios, and adoption of value-based engagement models that enable financial institutions to accelerate modernization, strengthen resilience, and achieve sustainable transformation outcomes. The acknowledgment highlights Tech Mahindra’s ‘AI Delivered Right’ strategy that is reshaping the landscape of the Banking, Financial Services & Insurance (BFSI) industry with AI-powered solutions that deliver hyper-personalized customer experiences, and reinforce risk management with intelligent precision.
Atul Soneja, Chief Operating Officer, Tech Mahindra, said, “Financial institutions are navigating an increasingly complex landscape shaped by rapid digitization, evolving customer expectations, and heightened regulatory requirements. Being recognized as a Leader and Star Performer in Everest Group’s Banking IT Services and Payments IT Services PEAK Matrix® Assessments 2025 is a strong endorsement of our capabilities in enabling large-scale transformation. It reinforces our commitment to helping banks and payments organizations modernize their technology foundations, drive innovation, and deliver secure, future-ready solutions at scale.”
Tech Mahindra’s positioning on the PEAK Matrix® is driven by its strong domain expertise, robust digital capabilities, and consistent delivery excellence across global banking and payments programs. The company’s continued investments in next-generation technologies, platform-led modernization, strategic partnerships, and customer-centric delivery models have played a pivotal role in strengthening its leadership position and supporting measurable business outcomes for customers.
Pranati Dave, Vice President, Everest Group, said, “Tech Mahindra has strengthened its position across banking and payments IT services by combining large-scale modernization with end-to-end delivery capabilities spanning core banking, cloud and data transformation, and payments platforms. Customers value the organization’s proactive, flexible engagement across early-stage ideation and co-development, as well as its ability to deliver complex programs in core modernization, customer experience transformation, and real-time payments. These strengths have contributed to its recognition as a Leader and Star Performer in the Everest Group Banking IT Services and Payments IT Services PEAK Matrix® Assessment 2025.”
Tech Mahindra enables banks and financial institutions to navigate digital and regulatory complexity by leveraging capabilities across cloud, AI, cybersecurity, core modernization, and digital operations. Through a strategic, consulting-led approach and purpose-built solutions, the company supports informed decision-making, operational resilience, and long-term value creation across the global banking and payments landscape.
For more information on how TechM can partner with you to meet your Scale at Speed™ imperatives, please visit https://www.techmahindra.com/
Abhilasha Gupta, Global Head – Corporate Communications, Tech Mahindra
Email: Abhilasha.Gupta@TechMahindra.com; media.relations@techmahindra.com
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