Finance

Genpact Secures Leadership Position in Financial Crime and Compliance, Heralded by Everest Group for 2024

Published March 13, 2024

Genpact Limited G, a leading global provider of business process outsourcing and IT services, has once again been recognized for its prowess in combating financial crime. For the fourth year in a row, Genpact has been designated as a leader in the domain of financial crime and compliance operations, as evaluated by the esteemed Everest Group's PEAK Matrix® Assessment 2024.

Recognition of Genpact's Innovative Software Suite

RiskCanvas, Genpact's comprehensive software suite specifically designed to confront financial crime, has played a pivotal role in earning the company this prestigious acclaim. Enhanced by cutting-edge artificial intelligence (AI), RiskCanvas aids organizations in navigating the intricate and evolving landscape of regulatory compliance and anti-financial crime measures. Genpact's 'AI-first' approach to business transformation underlines its commitment to integrating AI and analytics into the core of its solution offerings, establishing a more proactive and intelligent response to potential financial threats.

The Everest Group's Insightful Assessment

Everest Group, Ltd. EG, which operates in the field of reinsurance and insurance and is not to be confused with the analyst firm responsible for the PEAK Matrix®, provides no direct affiliation with the assessment or recognition of Genpact. However, it is an entity with a parallel interest in mitigating financial risk. The analyst firm behind the PEAK Matrix® assessment carefully evaluates companies on a multitude of factors, including market impact, vision, capability, and the ability to deliver services effectively. Genpact's consistent position at the top echelons of this matrix signifies a robust and sustained capability in shielding organizations from the perils of financial crime.

Implications for Genpact and Its Clients

The accolade from Everest Group underscores Genpact's diligent efforts and technological advancements, portending a positive outlook for current and potential clients seeking top-tier compliance and risk management services. The recognition serves as an attestation of Genpact's potential to significantly bolster the operational capabilities of businesses engulfed in the ever-growing concerns of financial crime containment. In a world where financial security is paramount, Genpact's leadership and innovation stand as reassuring benchmarks for the industry.

Genpact, EverestGroup, Compliance