We are pleased to announce that Mphasis is positioned as a "Major Contender" in Everest Group's Banking Operations Services PEAK Matrix® Assessment 2022.
Everest Group's Banking Operations Services PEAK Matrix® Assessment of 2022 provides a detailed analysis of the vision, delivery capabilities, and market successes of 31 banking operations service providers. The study assists vital stakeholders, such as banks, financial institutions, service providers, and technology providers, in understanding the current state of the banking operations service provider market.
The report lists Mphasis' strengths as follows :
- A strong foothold in North American lending, especially in client onboarding and due diligence, further propelled by adding new logos post-COVID-19.
- Mphasis high focus collaboration with FinTechs, especially in high growth areas such as buy now and pay later services in payments
- Mphasis transformation framework such as NextOps and Front2Back, augmented by solid partner tools including business process automation services by Camunda
- Mphasis expanding on its onshore and offshore delivery capabilities by adding centers in Dallas and India. The Al-based point solutions such as Optimize.AI, a process mining solution used for mortgage servicing: LoanFx, a loan origination point of sale; and Deepinsights, a cognitive intelligence solution that incorporates ML and NLP.
- Mphasis augmenting its technology and consultancy offerings with recent acquisitions including Datalytx, a DataOps specialist, and partnerships with firms such as Esgyn Corp for big data management