Covecta and NTT DATA, a global leader in AI and technology services, have announced a strategic partnership agreement. Under the agreement, Covecta and NTT DATA UK&I will work together to provide market-leading Agentic AI capabilities. This includes integrating Covecta's platform into financial institutions' existing infrastructure and enabling rapid, broad roll-outs of its Seasoned Banker AI Agents.
The new partnership brings together two complementary strengths. Covecta's purpose-built Seasoned Banker agents, which automate tasks, processes and portfolio activity across the banking lifecycle; and NTT DATA's deep domain expertise, proven systems integration capability and trusted relationships with financial institutions worldwide.
Financial institutions working with NTT DATA now have accelerated access to Covecta's platform, which deploys specialised pre-built AI agents that operate across incumbent systems, without requiring organisations to rip-and-replace existing technology components.
Covecta's platform has already delivered transformative results for banks and lenders in both the UK and US, across lending, compliance and deposits, with significant improvements in team efficiency, decision-making and risk analysis. NTT DATA will play a key role in taking Covecta further, to interested banks across their customer base.
"Covecta's Seasoned Banker Agents are built with deep financial services DNA; they understand the nuances, the regulations and the day-to-day realities of banking teams. Pairing that with NTT DATA's extraordinary domain expertise and intimate knowledge of their client organisations creates something truly powerful. Together, we can accelerate and deepen the value that financial institutions obtain from Agentic AI, taking cutting-edge agents to more clients and helping to drive the adoption of this transformative technology right across the industry."
Ben Thomas
Chief Revenue Officer at Covecta
" At NTT DATA, we are committed to helping our clients harness the most impactful technologies to drive real business outcomes. Agentic AI represents a step-change in how financial institutions can operate, and Covecta has built a leading platform in this space. This partnership allows us to pair their exceptional, purpose-built AI agents with our deep domain knowledge and integration capabilities, enabling us to quickly deliver transformative value to our clients. Together, we can help the industry move from AI experimentation to enterprise-scale adoption."
Tom Winstanley
Chief Technology Officer at NTT DATA UK&I
About NTT DATA
NTT DATA is a $30+ billion business and technology services leader, serving 75% of the Fortune Global 100. We are committed to accelerating client success and positively impacting society through responsible innovation. We are one of the world's leading AI and digital infrastructure providers, with unmatched capabilities in enterprise-scale AI, cloud, security, connectivity, data centers and application services. Our consulting and industry solutions help organizations and society move confidently and sustainably into the digital future. As a Global Top Employer, we have experts in more than 70 countries. We also offer clients access to a robust ecosystem of innovation centers as well as established and start-up partners. NTT DATA is part of NTT Group, which invests over $3 billion each year in R&D.
Visit us at https://uk.nttdata.com/
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