Global professional services platform Genpact has been named as a Leader in the IDC MarketScape: Worldwide Business Process Outsourcing for AML and KYC 2019 Vendor Assessment.
The IDC MarketScape report recognises Genpact’s investment in financial crime management, including its acquisition of riskCanvas. Steven D’Alfonso, research director responsible for compliance, fraud and risk analytics strategies, said the digital business platform they offer enables financial services clients to digitally transform operations.
Genpact specialises in financial crime risk management services, including integrated solutions focused on outcomes, providing a robust environment to drive valuable and regulator-ready innovation, risk mitigation, quality operations and better customer experience.
Manish Chopra, global risk and analytics leader at Genpact, said regulators are now becoming more comfortable with financial institutions using innovation to combat money laundering.