NelsonHall’s Analytics and Reporting BPS in Banking vendor assessment for Genpact is a comprehensive assessment of Genpact’s analytics and reporting BPS in banking offerings and capabilities designed for:
Sourcing managers monitoring the capabilities of existing suppliers of capital market process outsourcing and identifying vendor suitability for analytics and reporting BPS in banking RFPs
Vendor marketing, sales and business managers looking to benchmark themselves against their peers
Financial analysts and investors specializing in the support services sector.
Key Findings & Highlights
This NelsonHall assessment analyzes Genpact’s offerings and capabilities in analytics and reporting BPS in banking. Genpact is one of a number of analytics and reporting BPS companies analyzed in NelsonHall’s comprehensive industry analysis programs.
Genpact began delivering financial industry-specific processes (including analytics BPS) to General Electric Capital in 1998 (two years after the founding of GECIS, which at the time was part of General Electric). The financial services experience gained with GE Capital allowed Genpact to bid for other financial services business.
This vendor profile focuses on analytics and reporting BPS. Initially, analytics were provided for F&A within the accounts receivable process (collections for loans and leases). When GECIS went public as Genpact in 2005, Genpact began acquiring other financial institutions as clients for analytics and reporting BPS.
Genpact’s analytics and reporting BPS delivers services from four delivery centers:
NCR (capital region)
Genpact’s primary targets for analytics and reporting BPS are:
Top U.S. banks
Mid-tier U.S. banks
Tier one mortgage servicers
Auto finance captives
Large wealth management firms in the U.S.
Commercial finance companies in the U.S.
Tier one and regional European banks (especially Germany and Nordics)
Tier one Australian banks
Large U.K. banks.
In future, Genpact will continue to target U.S., U.K., German speaking, Nordics, and Australian financial institutions.
Genpact is looking to grow its analytics and reporting BPS business by:
Deploying an analytics and reporting platform, Intelligent Process Insights Engine (IPIE), to facilitate an automated set of services, adapted to individual client engagements
Working with universities and partners to access the required skills, which are in short supply in the industry
Scaling support for existing clients by supporting compliance efforts, primarily via shared services.