Virtusa feted by American Banker

Virtusa Corporation, a global IT services company that offers a broad range of information technology services, announced it has been recognized by American Banker, Bank Technology News and IDC Financial Insights on the 2011 FinTech 100 List.

The list, currently in its eighth year, ranks the most successful financial services technology vendors around the world based on their calendar year 2010 revenue from financial services.

This marks the fourth time in five years that Virtusa has been named in the ranking.

"We are honoured and privileged to be recognized yet again on the prestigious FinTech 100 List," Chairman and CEO of Virtusa Kris Canekeratne said.

"During these difficult economic times, we have had the opportunity to work with several financial services clients and help them reduce their overall costs, introduce new products and services to market faster and improve their consumer experience.

This recognition is testament to the hard work and dedication of our team members who work relentlessly to innovate and drive business transformation for our clients," he said.

Virtusa uses its unique Platforming methodology and global delivery model to help global financial institutions overcome challenges that include compliance and regulatory requirements, emerging technology needs, security initiatives, superior customer service, and price pressures.