NEW YORK, Feb. 16, 2016 (GLOBE NEWSWIRE) -- EXL (NASDAQ:EXLS), a leading Operations Management and Analytics company, today announced it was identified as a “Leader” in NelsonHall’s vendor evaluation for Analytics & Reporting BPS in Banking.
In this report, NelsonHall evaluates vendors on two key dimensions: ability to deliver immediate benefits and ability to meet clients' future requirements through analyst assessments and client interviews. The report identifies EXL Analytics as a “Leader” for the banking sector in the Analytics Focus and Compliance Focus market segments.
“Experienced in both mature and emerging markets, EXL Analytics is a leader in analytics and reporting solutions to the banking industry,” said Andy Efstathiou, research director at NelsonHall. “EXL leverages its significant experience and IP to support clients across functions, and EXL’s analytics consulting services can help clients improve overall analytics operations and adapt to changing regulatory requirements.”
Vivek Jetley, Senior Vice President and co-head, EXL Analytics said, “We are excited to be identified as a ‘leader’ in providing advanced analytics and compliance solutions for the banking industry. Our clients across industries need strategic partners who embed analytics into their operations and help them transform decision making through data-driven insights. In addition to Banking, we support clients in other industries such as Healthcare, Insurance, Retail, Travel, Transportation and Utilities.”
Ankor Rai, Senior Vice President and co-head EXL Analytics, said, “EXL Analytics continues to be recognized for the scale and advanced analytics capabilities it brings to the market. We remain a top recruiter of data scientists, and our dedicated analytic product development group ensures continued innovation.”
EXL Analytics is one of the few large and differentiated players in the global analytics market. Services for the banking industry are focused in three core areas: risk, marketing and operations analytics. With a global footprint of nearly 2,000 data scientists and analysts, EXL Analytics has set the industry’s gold standard with award winning services that address the end-to-end banking analytics value chain. EXL Analytics' “Model Risk in a Box” solution incorporates data traceability, governance and model development, monitoring and validation to support compliance with new OCC, CCAR and Basel regulations.
About EXL
EXL (NASDAQ:EXLS) is a leading operations management and analytics company that helps businesses enhance growth and profitability in the face of relentless competition and continuous disruption. Using our proprietary, award-winning Business EXLerator Framework™, which integrates analytics, automation, benchmarking, BPO, consulting, industry best practices and technology platforms, we look deeper to help companies improve global operations, enhance data-driven insights, increase customer satisfaction, and manage risk and compliance. EXL serves the insurance, healthcare, banking and financial services, utilities, travel, transportation and logistics industries. Headquartered in New York, New York, EXL has more than 24,000 professionals in locations throughout the United States, Europe, Asia (primarily India and Philippines), Latin America, Australia and South Africa. For more information, visit www.exlservice.com.
About NelsonHall
NelsonHall is the leading BPS and IT services research firm, with analysts in the U.S., U.K., and Continental Europe. The company takes a global approach to analysis of vendors and outsourcing markets and is widely respected for the quality and depth of its research. With its “Speed-to-Source” initiative, including NEAT vendor evaluations, NelsonHall helps buy-side organizations significantly reduce the time and cost associated with BPS and ITS sourcing projects.