Genpact Named a Top 20 Financial Technology Provider on the Global FinTech 100 List
Ranked among the leading companies serving financial services industry
NEW YORK, Nov. 21, 2013 /PRNewswire/ -- Genpact Limited (NYSE: G), a global leader in transforming and running business processes and operations, today announced its second year placement on the FinTech 100 list, a ranking of the top 100 global hardware, software and service providers for the financial services market. The company moved up since last year's ranking, securing the number 20 position among companies worldwide that derive at least 33 percent of their revenue from serving the financial services industry.
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. Placement on the list is determined by annual revenues and the percentage of revenues exclusively attributed to financial services, along with a combination of surveys completed by vendors and original research conducted by IDC Financial Insights. The findings are compiled and published each November by American Banker, Bank Technology News and IDC Financial Insights.
"This ranking affirms our ability to deliver a unique combination of process excellence through our Smart Enterprise Processes (SEPSM) methodology, analytical insights and technology solutions – in concert with industry domain expertise and global delivery capabilities – for many of the world's leading banks, investment firms and insurance companies," said Mohit Thukral, senior vice president, Banking, Financial Services, Insurance and Healthcare, Genpact. "Through these capabilities, we have been helping many clients transform their operations to become more flexible and adaptive as they address evolving regulations and continued volatility in the global economic environment."
In the banking and financial services market, Genpact provides business process transformation and outsourcing (BPO) services, analytics, risk management, and technology solutions for commercial and retail banking, wealth management, mortgage services, and insurance. Genpact was recently named as a "Leader" and "Star Performer" on Everest Group's Global Banking Business BPO Market Report, and among the Best 20 Leaders in Financial Services on the IAOP's Global Outsourcing 100 list. Genpact serves major companies in the capital markets industry, including 9 of the world's top 10 investment banks, by providing business and domain consulting, technology solutions, process re-engineering, analytics, application development and maintenance, and operations services.
More information about the rankings is available at http://www.idc.com/getdoc.jsp?containerId=prUS24437213. To view the FinTech Special Report, visit www.americanbanker.com/fintech100.
Genpact Limited (NYSE: G) is a global leader in transforming and running business processes and operations, including those that are complex and industry-specific. Our mission is to help clients become more competitive by making their enterprises more intelligent through becoming more adaptive, innovative, globally effective and connected to their own clients. Genpact stands for Generating Impact – visible in tighter cost management as well as better management of risk, regulations and growth for hundreds of long-term clients including more than 100 of the Fortune Global 500. Our approach is distinctive – we offer an unbiased, agile combination of smarter processes, crystallized in our Smart Enterprise Processes (SEPSM) proprietary framework, along with analytics and technology, which limits upfront investments and enhances future adaptability. We have global critical mass – 62,000+ employees in 24 countries with key management and corporate offices in New York City – while remaining flexible and collaborative, and a management team that drives client partnerships personally. Our history is unique – behind our single-minded passion for process and operational excellence is the Lean and Six Sigma heritage of a former General Electric division that has served GE businesses for more than 15 years. For more information, visit www.genpact.com. Follow Genpact on Twitter, Facebook, and LinkedIn.
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