As a strategic partner, LTI will manage IT operations for the Swedish financial services company.
Larsen & Toubro Infotech won a multiyear engagement with Swedish financial services company, Hoist Finance AB to manage its IT Operations. With a presence in 11 European countries, Hoist Finance is headquartered in Sweden and is listed on the Nasdaq OMX Stockholm exchange.
LTI will leverage its operate to transform the approach to enhance stability, security, and efficiency of Hoist Finance’s IT environment.
Klaus-Anders Nysteen, CEO, Hoist Finance, said “To execute on our strategy and become the digital leader in our industry, requires a multitude of thought leadership and professionalism as well as extensive technological experience and capabilities. With a strong delivery record and focus on increased stability, security and automation, LTI is the perfect fit for us to enhance the user experience for both our customers and employees and to accelerate our digital developments. We are looking forward to continuing on our digital journey through our multi-year partnership with LTI.”
Sudhir Chaturvedi, President & Executive Board Member, LTI, said “To be the breakaway leader in their domain, banking and financial services enterprises need to offer superior customer experience, and operate with extreme efficiency. We look forward to partnering with Hoist Finance to fulfill these objectives with our robust offerings that enable companies to use superior operations as a lever of transformation.”
LTI has a strong presence in the Nordic region and partners with leading companies across industries. The company has recently set up a proximity center in Poland to support clients in the region.