EXL, a leading data analytics and digital operations and solutions company, announced the acquisition of ITI Data, a data management solutions firm that works with the world’s largest banks, financial services and healthcare companies.
Founded in 1999, ITI Data is headquartered in New York City and has offices in the U.K., Australia and India. The company delivers enterprise business solutions for clients processing significant data volumes with complex data management requirements. With a broad range of business and technology experience, ITI has enabled its clients to manage and consolidate enterprise data, improve business process efficiency, and deliver significant return on investment of their data operations and technology initiatives. ITI Data has deep experience in data management, governance, risk, regulatory and compliance solution delivery with the world’s largest banks, financial services and healthcare companies.
“Our acquisition of ITI Data brings a highly specialized set of data management and governance capabilities – and a team of data scientists and engineers with deep domain expertise – into EXL’s robust data management foundation,” said Vivek Jetley, president and head of analytics at EXL. “This will enhance our ability to deliver reliable, data-driven insights to our clients and ultimately drive greater value and innovation across our operations.”
“I am excited about the combination with EXL, as this will open up tremendous opportunities for ITI Data’s current clients to leverage broader AI offerings, technologies, and data-driven capabilities,” said Brian Vaske, chairman and chief executive officer of ITI Data. “All our colleagues at ITI Data now have the opportunity to participate in the career development available at EXL. I look forward to combining forces to accelerate growth and enhance EXL’s already prestigious position in the market.”
SOURCE: GlobeNewsWire