#India #Persistent Systems #Pune #Databricks #BFSI

Persistent Systems Achieves Databricks Brickbuilder Specialization

Persistent Systems, a globally recognized leader in digital engineering and enterprise modernization, has proudly announced its recent achievement of the Databricks Brickbuilder specialization tailored for the Banking, Financial Services, and Insurance (BFSI) sectors. This accolade not only showcases the company's robust industry expertise but also highlights its capability in delivering sophisticated solutions through the Databricks Data Intelligence Platform.

The specialized recognition significantly enhances Persistent's ability to assist financial institutions in transforming fragmented data and pilot AI projects into scalable, effective solutions. With a team of certified Databricks specialists and an arsenal of reusable accelerators, Persistent is well-equipped to reduce the complexity involved in deploying solutions targeting risk management, fraud prevention, and customer intelligence.

In today's fast-evolving landscape, financial service providers face intensified regulatory scrutiny, increasingly sophisticated financial crimes, and elevated customer expectations. However, outdated architectures have historically hindered the integration of transaction data with risk and compliance functions, limiting timely insights and the responsible deployment of AI. Persistent aims to tackle these challenges by leveraging the Databricks Data Intelligence Platform, effectively integrating financial data into a governed, AI-empowered framework. Tools like Delta Lake, Unity Catalog, and Mosaic AI are pivotal in developing, assessing, and monitoring data products, models, and AI agents while ensuring adherence to the stringent safety and governance requirements characteristic of financial institutions.

A prominent example of Persistent's innovative capabilities is its merchant risk management and fraud detection solution, facilitated by agent-based AI and built on the Databricks platform. This advancement allows financial entities to evolve from reactive fraud prevention to proactive, intelligent merchant risk management. The company also offers secure, data-driven Generative AI agents for operational, analytical, and compliance purposes, underpinned by evaluation and monitoring processes aimed at accuracy, transparency, and alignment with BFSI workflows.

Persistent's collaboration with Databricks is poised for further growth through shared innovation and joint customer projects. The company has already made strides in modernizing risk data infrastructures and customer data frameworks for leading European banks, enabling quicker access to controlled insights and strengthening regulatory preparedness. Additionally, Persistent has collaborated with one of Japan’s largest financial service providers to develop a controlled data management framework on Databricks, enhancing visibility while concurrently reducing cloud costs.

As a Global Systems Integrator Partner with Databricks at the Silver level, Persistent boasts over 1,000 certifications and more than 10 accelerators on the platform.

Barath Narayanan, the Global BFSI and Europe Geo Head at Persistent, emphasized the transformative potential of consolidating vast amounts of fragmented data within risk, transaction, and customer systems. He noted, “The acquisition of the Brickbuilder specialization in the BFSI sector enhances our collaboration with Databricks and our capacity to assist clients in integrating AI into complex, regulated workflows.”

Josh Meyer, Global Head of Brickbuilder and Industry GTM at Databricks, remarked on Persistent's unique approach to addressing BFSI challenges, stating, “What sets Persistent apart is their deep understanding of the problems before turning to the platform. Their combination of industry expertise and technical skill leads to meaningful results for their clients.”

About Persistent Systems

Persistent Systems (BSE: 533179) (NSE: PERSISTENT) is a global services and solutions enterprise offering AI-driven, platform-based digital engineering and enterprise modernization across multiple industries. With a workforce of over 28,500 professionals across 21 countries, Persistent is dedicated to driving innovation and ensuring the success of its customers. The company’s expansive service offerings encompass software development, product engineering, data analytics, customer experience transformation, cloud computing, and agent-based business automation. Persistent is part of the MSCI India Index and is represented in key indices of the National Stock Exchange of India, including the Nifty Midcap 50, Nifty IT, and Nifty MidCap Liquid 15, as well as several BSE indices like the SP BSE 100 and SP BSE SENSEX Next 50. Having achieved carbon neutrality, Persistent is committed to sustainability and responsible business practices, and it has earned recognition from Newsweek and the Plant A Insights Group as one of “America's Greatest Workplaces for Inclusion and Diversity 2025.”

Moreover, as a participant in the UN Global Compact, Persistent aligns its strategies and business operations with universal principles regarding human rights, labor standards, environmental sustainability, and anti-corruption. The company's initiatives further promote social causes. Notably, Persistent was named the fastest growing brand in IT services globally by Brand Finance in 2026, showcasing a 22% year-over-year increase in brand value, ranking among the top 25 brands in the sector and holding the 12th position in brand strength.