NEW YORK, Nov. 15, 2016 /PRNewswire/ -- Genpact (NYSE: G),
a global leader in digitally-powered business process management
and services, today announced an innovative platform that drives
rapid, broad scale transformation and changes the business model
for online commercial lending, creating more agile systems that
improve operations and position companies for growth.
The burgeoning online lending industry brings both opportunities
and challenges for financial technology (fintech) companies and
traditional banks. Genpact's cloud-based solution, which
incorporates cutting-edge technology in loan originations currently
used by several top 10 banks, helps both types of organizations
transform their operations and gain competitive advantage. The
platform provides quick, easy implementation and scalability
without data center investment. Genpact helps banks disrupt their
market with greater speed in delivering new online services, and
offers fintechs a robust technology system.
"Traditional banks need to overcome the burden of legacy systems
to compete faster, using disruptive technology that fintechs
already deploy. Fintechs need to 'institutionalize' their front,
middle, and back office," said Diwakar
Singhal, senior vice president, Commercial Lending,
Genpact. "Genpact answers both needs, with a scalable,
easy-to-deploy digital solution that helps better manage assets and
improve customer experiences."
Fintech start-ups like InterNex Capital, an asset-based digital
lender that specializes in revolving lines of credit, leverage
technology to provide sophisticated working capital financing
services to business-to-business small and medium-sized
companies. Genpact partnered with InterNex to provide a
superior customer experience that delivers in-depth account
analyses, real-time updates, and visibility into all activities. By
combining InterNex's sophisticated customer portals and its
proprietary scoring with Genpact's digital technology and both
companies' analytics, InterNex has enhanced underwriting
efficiencies and portfolio monitoring.
In developing the new platform with InterNex, Genpact leveraged
its unique Lean DigitalSM approach that harnesses the
combined power of process-centric technologies, design thinking
methodologies, and domain expertise. As a provider of
business process management services for the global commercial
lending industry, Genpact handles more than $200 billion in assets and has decades of
expertise in technology and the financial industry.
"InterNex's financial services domain expertise in origination,
risk management, technology, and capital markets, coupled with
Genpact's digital technology and excellence in process and
operations, delivers a superior business model to best service our
clients and drive operational scale capabilities," said
Paul DeDomenico, cofounder and chief
executive officer, InterNex Capital. "We are excited to work
with Genpact as we build, grow, and scale InterNex. This strategic
partnership complements our capital markets capabilities and recent
funding facility."
About InterNex Capital
InterNex Capital is an
asset-based digital lender providing revolving lines of credit from
$250,000 to $5
million to small and medium sized businesses. Founded
by commercial lending and Fin Tech veterans, InterNex is able to
optimize underwriting, monitoring, and funding through its
integrated technology, data analytics, and credit scoring
algorithms. The InterNex platform enables seamless integration
with customers, partners and capital providers. For more
information, please visit: www.internexcapital.com.
Twitter: @internexcapital
About Genpact
Genpact (NYSE: G) stands for "generating business impact."
We are a global leader in digitally-powered business process
management and services. We architect the Lean
DigitalSM enterprise through our patented Smart
Enterprise Processes (SEPSM) framework that reimagines
our clients' operating model end-to-end, including the middle and
back offices. This creates Intelligent
OperationsSM that we help design, transform, and
run. The impact on our clients is a high return on transformation
investments through growth, efficiency, and business
agility. For two decades, first as a General Electric division
and later as an independent company, we have been passionately
serving our clients. Today, we generate impact for a few hundred
strategic clients, including approximately one-fifth of the Fortune
Global 500, and have grown to over 75,000 people in 25 countries,
with key offices in New York City.
The resulting business process and industry domain expertise and
experience running complex operations are a unique heritage and
focus that help us drive the best choices across technology,
analytics, and organizational design. For additional information,
visit www.genpact.com. Follow Genpact
on Twitter, Facebook, LinkedIn,
and YouTube.
For more information:
Simrita
Singh
|
Danielle
D'Angelo
|
Abby
Trexler
|
(InterNex Media
Relations)
|
(Genpact Media
Relations)
|
(for
Genpact)
|
Simrita@internexcapital.com
|
danielle.dangelo@genpact.com
|
atrexler@peppercomm.com
|
+1
646-768-9388
|
+1
914-336-7951
|
+1
212-931-6179
|
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SOURCE Genpact