Recognition underscores Altimetrik’s digital business approach in the banking and financial services sector
DETROIT, June 03, 2025–(BUSINESS WIRE)–Altimetrik, a pure-play digital business company, has been recognized as a “Major Contender” in Everest Group’s inaugural Banking and Financial Services (BFS) IT Services Specialists PEAK Matrix® Assessment 2025.
Altimetrik’s Digital Business Methodology (DBM) and AI-first solutions have proven to be a valuable approach for financial institutions seeking scalable digital solutions focused on customer outcomes. The Everest Group assessment evaluated 30 specialist IT service providers based on their market impact, vision, and capability, positioning Altimetrik among the top service providers in this space.
“Altimetrik’s use of its Digital Business Methodology (DBM) and its approach to co-developing scalable digital solutions have supported transformation initiatives within banking and financial services,” said Pranati Dave, Practice Director at Everest Group. “Clients have noted its ability to rapidly build Minimum Viable Products (MVPs) and show early indicators of business value, particularly in areas such as compliance, payments modernization, and generative AI. These strengths, along with its engineering capabilities and a balanced focus on both horizontal technologies and domain-specific needs, have contributed to Altimetrik’s recognition as a Major Contender in Everest Group’s inaugural Banking and Financial Services (BFS) IT Services Specialists PEAK Matrix® Assessment 2025.”
Altimetrik’s key strengths highlighted in the assessment include:
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Strong digital product engineering capabilities
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Ability to rapidly deliver measurable customer outcomes through short sprints
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Balanced mix of horizontal and industry-specific accelerators tailored to BFS needs
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Strategic focus on high-value transformation engagements
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Experience working with diverse BFS clientele including banks, payment processors, and FinTechs
“Financial institutions are leading the way in digital business, with AI accelerating change across the sector — from modernizing legacy systems to enabling smarter decision-making, hyper-personalization, and real-time operations,” said Raj Sundaresan, CEO at Altimetrik. “This recognition from Everest Group validates our engineering-led, AI-first approach to helping BFS clients address compliance, security, customer experience, and operational agility. By combining deep domain expertise with advanced data and AI capabilities, we not only accelerate innovation but also ensure measurable value from AI investments. Our success in areas like platform modernization, intelligent client onboarding, and real-time payments implementation reflects our commitment to building AI-first, scalable, high-impact solutions that drive digital solutions at speed and scale.”
