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News : Genpact Adds Mendix to its Partner Ecosystem and Launches Solution for Risk Management Operations
New York, NY, USA, May, 17, 2016 -- Genpact (NYSE: G), a global provider in digitally-powered business process management and services, announced that it is adding Mendix, an application platform-as-a-service (aPaaS) provider, to its partner ecosystem. Genpact also is launching a solution to help financial institutions standardize model risk processes and more easily adapt to ever-changing business and regulatory requirements.
Genpact is leveraging the Mendix platform to develop agile automation solutions that significantly improve model compliance operations. Genpact’s new offering automates model risk processes and "industrializes" end-to-end compliance operations including model risk validation, ongoing monitoring, and near-real-time performance reporting. The solution is a unique combination of Mendix’s platform for rapid application development and delivery and Genpact’s Lean DigitalSM approach that leverages industry domain knowledge and process expertise, aligning business processes and technology to drive comprehensive enterprise transformation.
Mendix joins Genpact’s incubation program, a unique Silicon Valley-based partner ecosystem that brings together disruptive technology innovators with Genpact’s Lean Digital approach and process expertise.
"We welcome Mendix to our Silicon Valley-based incubation program, where we run one of the largest sandboxes in the world to effectively pilot, prototype, and implement the best digital technologies," said Sanjay Srivastava, senior vice president and chief digital officer, Genpact.
"We are excited to partner with Genpact because its Lean Digital vision aligns so well with ours to fundamentally transform the enterprise," said Derek Roos, co-founder and chief executive officer, Mendix. "We look forward to working together to build a reusable library of digital assets that can be applied vertically for specific markets and horizontally across Genpact’s extensive client base."
Posted by Veronica Silva Cusi, news correspondent
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Genpact is a Business process outsourcing (BPO) company in India. It was formerly a GE owned company called GE Capital International Services or GECIS. It operates from India, China, Guatemala, Hungary, México, Morocco, the Philippines, Poland, the Netherlands, Romania, Spain, South Africa, and the United States.
Published: Wednesday, May 18, 2016