Virtusa Corporation (NASDAQ GS:VRTU), a global provider of
digital strategy, digital engineering, and IT outsourcing services
that accelerates business outcomes for its clients, and Moxtra, a
leader in providing private, secure collaboration software services
that help its clients fast-track high-value financial transactions,
today announced that they have entered in to a collaboration to
develop and deploy solutions that would give financial services
firms the ability to redefine their client engagement models.
The solutions would accelerate the implementation of high-value
and high-touch digital experiences that significantly reduce
exception resolution times and enhance client engagement throughout
the transaction life cycle by:
- Optimizing collaboration efficiency
across a diversity of stakeholders
- Enabling powerful collaboration around
business documents
- Providing a consistent transaction
status across multiple events
- Enabling seamless straight-through
processing using artificial intelligence and machine learning
enabled chatbots
"Moxtra is pleased to work with Virtusa to deliver private,
embeddable, next-gen digital solutions for the mobile era,” said
Bala Mohan, general manager, products and operations, Moxtra. “We
have been enabling banks and financial services companies across
the world fast-track business transactions and help them
effectively engage with their customers through private and secure
digital channels.”
The joint effort has already shown early success with both firms
working together with a leading European bank to help it digitize
collaboration between relationship managers and customers.
“Virtusa is delighted to collaborate with Moxtra to deliver
cutting edge technology solutions that help banks enhance customer
engagement and thereby drive profitable growth,” said Bob Graham,
executive vice president and global head of Solutions, Virtusa. “By
leveraging our deep domain expertise and consulting and coupling
them with Moxtra’s omni-channel client engagement platform, we are
helping our clients in their journeys towards accelerating banking
innovation.”
With over 25 years of industry experience, Virtusa has become
the partner of choice for banks and financial services firms,
helping them navigate the challenges of digitally transforming
while also driving operational excellence and cost efficiency. It
supports a large number of banking and financial services clients
across North America, Europe, Asia Pacific, and Australia,
including more than half of the top 30 global banks and many of the
top national and regional institutions for the countries Virtusa
works in. Virtusa’s dedicated Banking and Financial Services (BFS)
practice covers retail banking, corporate banking, capital markets,
cards and payments, and risk and compliance. To help its clients,
Virtusa leverages its industry-leading digital engineering
capabilities such as mobile, data, cloud, UX, microservices,
blockchain, artificial intelligence, and robotics.
For more information on Virtusa’s banking and financial
services, visit: http://www.virtusa.com/perspective-cat/bfs/
For more information on Moxtra’s solution for its banking and
insurance customers, visit:
https://moxtra.com/partner/showcase/
To learn more about how Virtusa’s next-gen banking solutions are
making a difference to global financial institutions, visit us at
booth #G60, Level 1, ICC at SIBOS 2018, Sydney; October 22-25 2018:
https://www.virtusa.com/events/sibos2018/
About Moxtra
Moxtra delivers business collaboration solutions for the mobile
era. It is designed to meet the on-demand expectations of clients
in today’s mobile world, in the era of digital transformation.
Moxtra’s powerful collaboration around business documents and
transactions is embeddable into existing workflows to allow the
easy extension and adaptation of business processes. Deployment
options include on-premise, private cloud, and hybrid solutions.
The Moxtra platform is engineered to meet the rigorous and
stringent compliance requirements of regulated industries, with
military grade security and end-to-end encryption.
About Virtusa
Virtusa Corporation (NASDAQ GS: VRTU) is a global provider of
Digital Business Transformation, Digital Engineering, and
Information Technology (IT) outsourcing services that accelerates
our clients’ journey to their Digital Future. Virtusa serves Global
2000 companies in Banking, Financial Services, Insurance,
Healthcare, Telecommunications, Media, Entertainment, Travel,
Manufacturing, and Technology industries.
Using a combination of digital strategy, digital engineering,
business implementation, and IT platform modernization services,
Virtusa helps clients execute successful end-to-end digital
business transformation initiatives.
Virtusa engages its clients to re-imagine their business models
and develop strategies to defend and grow their business by
introducing innovative products and services, developing
distinctive digital consumer experiences, creating operational
efficiency using digital labor, developing operational and IT
platforms for the future, and rationalizing and modernizing their
existing IT applications infrastructure. As a result, its clients
are simultaneously able to drive business growth through
digital-first customer experiences, while also consolidating and
modernizing their IT application infrastructure to support digital
business transformation.
Holding a proven record of success across industries, Virtusa
readily understands its clients' business challenges and uses its
domain expertise to deliver innovative applications of technology
to address its clients’ critical business challenges. Examples
include building the world's largest property & casualty claims
modernization program; one of the largest corporate customer
portals for a premier global bank; an order to cash implementation
for a multinational telecommunications provider; and digital
transformation initiatives for media and banking companies.
Founded in 1996 and headquartered in Massachusetts, Virtusa has
operations in North America, Europe, and Asia.
© 2018 Virtusa Corporation. All rights reserved.
Virtusa, Accelerating Business Outcomes, BPM Test Drive and
Productization are registered trademarks of Virtusa Corporation.
All other company and brand names may be trademarks or service
marks of their respective holders.
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version on businesswire.com: https://www.businesswire.com/news/home/20181022005591/en/
GreenoughAmy Legere,
617-275-6517alegere@greenough.biz
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