L&T Infotech today announced a strategic partnership with IBM in the Business Process Management (BPM) space, using IBM's WebSphere Lombardi Suite of products. This partnership will be let L&T Infotech and IBM to offer BPM solutions such as business process modeling, implementation, integration solutions and services to its clientele. Further, L&T Infotech is launching customisable BPM solutions in the areas of Banking & Financial Services like corporate loans, know your customer, credit card issuance, accounts payable and insurance (claims processing, underwriter workflow) by leveraging Lombardi.
Commenting on the partnership, Abhay Chitnis, VP and head-technology, L&T Infotech, said: “With rapid evolution of IT in recent years, enterprise IT landscape has become increasingly complex. All organisations are striving to improve agility and scalability of the intra and inter-enterprise eco-systems. Our IBM partnership is in line with our constant endeavor to provide added value to our clients. The leadership position enjoyed by IBM Lombardi in the BPM space coupled with L&T Infotech’s domain knowledge and modeling accelerators, provides a unique value proposition to our clients, especially in banking and financial services sector.”
Pradeep Nair, director - Software Group - IBM India/South Asia, added:, "BPM software and services from IBM help organisations optimise business performance by discovering, documenting, automating, and continuously improving business processes to increase efficiency and reduce costs. We know that the combination of IBM Lombardi’s class-leading BPM technology and L&T Infotech’s depth of industry expertise will deliver superior value and most importantly, near-term return on investment, to our clients.”
Currently, L&T Infotech offers BPM services in several verticals such as banking and financial services, energy and petrochemicals, product engineering services (Telecom), insurance and manufacturing. L&T Infotech’s banking and financial services business unit focuses on providing business solutions to leading banks and financial institutions across the globe. Leveraging IBM Lombardi, L&T Infotech's banking and financial services unit has also developed JukeBox+, a domain-centric solution to allow clients to jumpstart their business processes integration and automation activity.
