EXL Acquires ITI Data to Enhance Data Management Expertise in Banking and Healthcare.

Date – 01-Aug-2024

The investment advances EXL’s data and AI-driven strategy, bringing new Global 1000 clients across the U.S., Europe, and Australia.

EXL, a leading company in data analytics and digital operations, has announced the acquisition of ITI Data, a data management solutions firm serving some of the world’s largest banks, financial services, and healthcare organizations.

Founded in 1999 and headquartered in New York City, ITI Data has additional offices in the U.K., Australia, and India. The company specializes in delivering enterprise solutions for clients managing large volumes of data with complex requirements. With extensive business and technology expertise, ITI Data has helped its clients streamline data management, enhance business process efficiency, and achieve substantial returns on their data operations and technology investments. The firm is particularly experienced in data management, governance, risk, and regulatory compliance within the banking, financial services, and healthcare sectors.

“Our acquisition of ITI Data strengthens EXL’s data management and governance capabilities by bringing in a highly specialized team of data scientists and engineers with deep domain expertise,” said Vivek Jetley, President and Head of Analytics at EXL. “This acquisition will enhance our ability to deliver dependable, data-driven insights to our clients, driving greater value and innovation across our operations.”

Brian Vaske, Chairman and CEO of ITI Data, added, “Joining forces with EXL presents tremendous opportunities for ITI Data’s clients to leverage a wider array of AI technologies and data-driven capabilities. Our team is excited about the career development possibilities at EXL, and I look forward to accelerating growth and enhancing EXL’s already strong market position.”

EXL, founded in 1999, is a leading provider of data analytics and digital solutions. We partner with clients using a data and AI-driven approach to transform business models, improve outcomes, and unlock rapid growth. Leveraging the power of data, analytics, AI, and deep industry knowledge, EXL drives operational transformation for leading companies across industries including insurance, healthcare, banking, financial services, media, and retail. Headquartered in New York, EXL employs over 55,000 people across six continents, grounded in core values of innovation, collaboration, excellence, integrity, and respect.