Country for PR: United Kingdom
Contributor: PR Newswire Europe
Wednesday, October 20 2021 - 22:41
AsiaNet
Western Asset Selects Mindtree as a Strategic Partner to Drive Enterprise Innovation and Transform IT Services
WARREN, N.J. and BANGALORE, India, October 20, 2021 /PRNewswire-AsiaNet/ -

     Mindtree [https://www.mindtree.com/], a leading digital transformation and 
technology services company, announced today that it has been selected as a 
strategic partner by Western Asset 
[https://www.westernasset.com/us/en/index.cfm], one of the world’s leading 
active fixed-income investment managers, to help drive innovation and 
differentiated experiences for the company’s global investors. Mindtree will 
initially partner with the Western Asset team on their IT infrastructure and 
application portfolio, while also enabling several strategic business 
initiatives. 

    As part of this multi-year engagement, Mindtree will enable Western Asset 
to create a more flexible operating model that can quickly adapt to changing 
business needs and accelerate time-to-value. By leveraging its deep domain and 
digital expertise, Mindtree will help Western Asset accelerate the transition 
to a platform-based operating model, automate enterprise systems, and maintain 
industry-leading best practices for IT services. This will enable Western Asset 
to scale overall productivity, agility and delivery.

    “Western Asset is excited to partner with a sophisticated managed service 
provider that has the proven ability to transform IT services using 
best-in-class tools and platforms to drive efficiency and help us meet our 
evolving business needs,” said Ric Okun, Global Head of Information Technology 
at Western Asset. “We are very pleased to have selected Mindtree, largely due 
to the company’s proven experience in driving IT transformation and their 
talented team.” 

    “Mindtree is the right choice to drive our IT transformation program. 
Mindtree’s focus on innovation, digital expertise and team-based culture is a 
very good match for Western Asset,” said Penny Morgan, Head of Business 
Transformation at Western Asset.

    “We are pleased to be a part of Western Asset’s technology transformation 
journey to deliver higher levels of efficiency and effectiveness,” said Venu 
Lambu, Executive Director and President, Global Markets, at Mindtree. “As part 
of this strategic partnership, we look forward to enabling a fundamental shift 
in Western Asset’s IT operating model. Complementing Western Asset’s 
distinctive client-centric approach with scalable and resilient technology will 
further boost the firm’s ability to continue to meet and exceed client 
expectations.” 

    About Western Asset Management

    Western Asset is one of the world’s leading fixed-income investment 
managers. With a focus on long-term fundamental value investing that employs a 
top-down and bottom-up approach, the Firm has nine offices around the globe and 
deep experience across the range of fixed-income sectors. Founded in 1971, 
Western Asset has been recognized for an approach emphasizing team management 
and intensive proprietary research, supported by robust risk management. To 
learn more about Western Asset, please visit www.westernasset.com. 

    About Mindtree

    Mindtree [NSE: MINDTREE] is a global technology consulting and services 
company, helping enterprises marry scale with agility to achieve competitive 
advantage. “Born digital,” in 1999 and now a Larsen & Toubro Group Company, 
Mindtree applies its deep domain knowledge to more than 260 enterprise client 
engagements to break down silos, make sense of digital complexity and bring new 
initiatives to market faster. We enable IT to move at the speed of business, 
leveraging emerging technologies and the efficiencies of Continuous Delivery to 
spur business innovation. Operating in 24 countries across the world, we’re 
consistently regarded as one of the best places to work, embodied every day by 
our winning culture made up of over 29,700 entrepreneurial, collaborative and 
dedicated “Mindtree Minds”.
To learn more about us, visit www.mindtree.com or follow us @Mindtree_Ltd. 
For more information, contact: media@mindtree.com 




    Logo: https://mma.prnewswire.com/media/1004066/Mindtree_Logo.jpg

    Source: Mindtree