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News: Press Releases
Genpact Named a Top Financial Technology Provider by American Banker, Bank Technology News and IDC Financial Insights
Genpact Included Among the Top 25 Technology Companies Serving the Financial Services Industry in FinTech 100 Ranking.
NEW YORK, October 29, 2012 â€“ Genpact Limited (NYSE: G), a global leader in business process management and technology services, today announced the companyâ€™s ranking among the Top 25 Companies in the FinTech 100, a special report from American Banker, Bank Technology News and IDC Financial Insights. Marking its inclusion on the list for the first time, Genpact is ranked #22 on the global FinTech Top 100 ranking.
The prestigious FinTech global ranking of hardware, software and service providers to the financial services industry are compiled and published in a joint effort by American Banker, Bank Technology News and IDC Financial Insights. With this high ranking, Genpact has joined an elite group of vendors around the world that derive at least 33 percent of reported revenue from services they provide exclusively to the financial sector.
â€œItâ€™s an honor to be included among the top services providers to the financial services industry, and we are especially proud to debut at such a high ranking,â€ said Mohit Thukral, senior vice president and business leader, Banking, Financial Services, Insurance and Healthcare, Genpact. â€œGenpact continues to expand and deepen the comprehensive service offerings that we provide to many of the worldâ€™s leading banks, investment firms, and insurance companies by our unique combination of smarter processes, analytics and technology.â€
â€œOur financial services domain expertise, including the technology-led services and consulting practice for capital markets built over many years, has enabled our clients to make smarter decisions and achieve substantial business outcomes in this volatile business environment,â€ said Sandeep Sahai, senior vice president, IT Solutions and Capital Markets, Genpact. â€œOur approach to making technology more intelligent by embedding it with processes, data insights and analytics has especially helped our clients address regulatory changes and remain on a path to growth.â€
For banking and financial services, Genpact provides business process management and technology services offerings for investment banking, commercial leasing and lending, wealth management, mortgage services, and retail banking. More information can be accessed at http://www.genpact.com/home/industries/banking-financial-services. For capital markets clients including nine of the top ten investment banks, Genpact offers services in the areas of business and domain consulting, process re-engineering, analytics, application development and maintenance, and operations. More details can be found at http://www.genpact.com/home/industries/capital-markets.
The FinTech 100 is the ranking of the top 100 global applications and service providers in the financial services market, which includes the banking, capital markets and insurance industries. All application categories specific to banking functions are included in this list such as core processing, branch, teller, ATM, credit card, mortgage origination, online banking, collections, cash management, trade finance, treasury services and funds transfer. The rankings are based on calendar year-end revenues and the percentage of revenues attributed to financial services â€“ quantifiable, verifiable data..
Genpact Limited (NYSE: G), a global leader in business process management and technology services, leverages the power of smarter processes, smarter analytics and smarter technology to help its clients drive intelligence across their enterprise. Genpactâ€™s Smart Enterprise Processes (SEPSM) framework, its unique science of process combined with deep domain expertise in multiple industry verticals, leads to superior business outcomes. Genpactâ€™s Smart Decision Services deliver valuable business insights to its clients through targeted analytics, reengineering expertise, and advanced risk management. Making technology more intelligent by embedding it with process and data insights, Genpact also offers a wide range of technology services. Driven by a passion for process innovation and operational excellence built on its Lean and Six Sigma DNA and the legacy of serving GE for more than 15 years, the companyâ€™s 58,500+ professionals around the globe deliver services to its more than 600 clients from a network of 74 delivery centers across 20 countries supporting more than 30 languages. For more information, visit www.genpact.com. Follow Genpact on Twitter, Facebook and LinkedIn.
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For more information:
Gail Marold (Genpact Media Relations)
Barbara Tate (For Genpact U.S.)
Rupali Kathuria (For Genpact India)
+91 124 441 7589