LTI solidifies presence in Nordic region via partnership with Sweden-based Hoist Finance
Larsen & Toubro Infotech (LTI), a global technology consulting & digital solutions company has entered into a strategic engagement with Hoist Finance AB, a pan European financial services company in the purchasing and management of non-performing & performing loan, to provide banking-as-a-service via its digital banking platform.
LTI’s digital banking platform, powered by Temenos, will enable Hoist Finance to be more scalable with faster onboarding of new asset classes across regions. The platform provides seamless interoperability, agility, and higher security at a lower total cost of ownership.
With a strong presence across Sweden, Denmark, Norway & Finland, LTI is one of the leading IT consulting and digital solutions providers in the Nordic region. A recent study by Whitelane Research and PA recognised the company among the top performers in the Nordic region and the first in customer satisfaction in Sweden.
At 2.57 pm on Tuesday, the shares of Larsen & Toubro Infotech Ltd were trading at Rs 3,617.00, up by 0.88 per cent or Rs 31.50 per share, against a 1.16 per cent gain in the benchmark index. The 52-week high of the company is recorded at Rs 4,499.90 while its 52-week low is Rs 1,599.05 on BSE.