Infosys, the global leader in next-generation digital services and consulting, announced that it has been positioned as a Leader in Everest Group’s PEAK Matrix for BFS Risk and Compliance IT Service Providers Assessment 2020.
Infosys was recognized for its strong domain expertise, innovation capabilities, and well-defined strategy to deliver value to customers in the financial and enterprise risk management space. Everest Group assessed 26 leading service providers through a multi-phased research and analysis process for their vision and capabilities to provide risk and compliance IT services to BFS firms across geographies.
The leaders were characterized by their wide scope of offerings, well laid-out strategy to train and certify talent, well-defined partnership ecosystem, and investment in cloud-based offerings, crossfunctional domain and analytics experts among others, Infosys said in its press note.
Commenting on the recognition, Mohit Joshi, President, Infosys, said, “Financial institutions of all sizes today are more concerned than ever about risk and compliance management. Infosys has always been striving to maximize the business value for its clients through extensive risk and compliance capabilities. Our excellent performance in the Everest Group Risk and Compliance PEAK Matrix® endorses our deep domain knowledge and differentiated offerings across the risk and compliance value chain ‒ from strategic advice and solution definition to implementation and support.”
Ronak Doshi, Vice President, Everest Group, said, “BFS enterprises are experiencing unprecedented headwinds from increasing regulatory pressure, emerging risks, increasing cost of compliance, and a postpandemic reevaluation of risk appetite and associated data and reporting systems to comply with government-enforced stimuli. BFS firms need a resilient, scalable, and agile risk management and regulatory reporting architecture to manage the current situation. Infosys has strengthened its market positioning, earning Leader recognition on Everest Group’s BFS Risk and Compliance IT Services PEAK Matrix® Assessment 2020 based on its investments in building cloud-enabled platforms for major risk and compliance areas, collaborative go-to-market efforts with third-party providers, and strong recognition among clients for offering outcomes-based pricing models.”
Everest Group’s PEAK Matrix assessments provide the analysis and insights enterprises need to make critical selection decisions about global services providers, locations, and products & solutions within various market segments.
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