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Genpact Named a Leader in Financial Crime and Compliance by Everest Group for Fourth Consecutive Year
Thursday, March 21, 2024
Genpact's anti-financial crime riskCanvas software suite and AI-first approach to transformation recognized by Everest Group's PEAK Matrix(®) Assessment 2024 for financial crime and compliance operations
NEW YORK, March 13, 2024 /PRNewswire/ -- Genpact (NYSE: G), a global professional services firm focused on delivering outcomes that transform businesses, has once again earned the highest accolade, Leader, in Everest Group's PEAK Matrix® Assessment for financial crime and compliance. This is the fourth consecutive year Everest Group has named Genpact a Leader in this domain.
Everest Group noted Genpact's capabilities ranging from enhanced due diligence to anti-money laundering monitoring, and from fraud management to chargeback. Genpact's proprietary, cloud-based, anti-financial crime software suite, riskCanvas, also received specific commentary for its generative AI module, showcasing live deployments that automate narrative construction for suspicious activity reports, and financial crime alerts, thereby improving outcomes for clients such as Apex Fintech Solutions.
"Regulatory scrutiny of financial institutions is increasing worldwide due to emerging risks, geopolitical tensions, and changing macroeconomic factors, "said Dheeraj Maken, Practice Director, Everest Group. "Genpact's focus on high-end advisory services, coupled with its strong operational background, positions it as a standout option for businesses. With a comprehensive portfolio addressing diverse client needs and expertise in critical areas, such as fraud management and chargeback, Genpact earned the title of Leader in our FCC Operations PEAK Matrix® Assessment 2024."
Everest Group commended Genpact's diverse global portfolio, serving clients across industries, including major banks, and fintechs. The analysis also highlighted Genpact's ability to tailor solutions to meet unique client needs, regardless of industry or scale. With customized strategies to combat financial crime, Genpact empowers clients to achieve superior results through strategic AI-led technology transformation across their value chains.
"As technology continues to advance, methods employed by financial criminals are becoming increasingly sophisticated and securing a Leader position in Everest Group's PEAK Matrix for the fourth year in a row demonstrates Genpact's commitment to protecting individuals, businesses, and communities from financial harm worldwide," said Sameer Dewan, Global Business Leader, Financial Services. "Genpact strategically brings together deep domain expertise, a strong network of industry-leading partners, and holistic, AI-infused solutions to enable businesses to fight financial crimes."
As a key player in enterprise transformation, Genpact continually enhances its capability building by leveraging its in-house learning platform, Genome. Everest Group's PEAK Matrix® Assessment calls out Genpact's consistent recognition as a top performer, highlighting its robust capabilities, industry-leading solutions, and unwavering commitment to client success.
For more information about Genpact's financial crime and risk management services, visit: https://www.genpact.com/services/risk-and-compliance/financial-crime-risk-management
About Genpact
Genpact (NYSE: G) is a global professional services firm delivering the outcomes that transform our clients' businesses and shape their future. We're guided by our real-world experience redesigning and running thousands of processes for hundreds of global companies. Our clients - including many in the Global Fortune 500 - partner with us for our unique ability to combine deep industry and functional expertise, leading talent, and proven methodologies to drive collaborative innovation that turns insights into action and delivers outcomes at scale. We create lasting competitive advantages for our clients and their customers, running digitally enabled operations and applying our Data-Tech-AI services to design, build, and transform their businesses. And we do it all with purpose. From New York to New Delhi and more than 30 countries in between, our 125,000+ team is passionate in its relentless pursuit of a world that works better for people. Get to know us at Genpact.com and on LinkedIn, Twitter, YouTube, and Facebook.
MEDIA CONTACT:
Sarah Joyce
Genpact Media Relations
626-379-9829
sarah.joyce@genpact.com
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SOURCE Genpact
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