TaskUs Scores Designation As A "Major Contender" on Everest Group's Banking Operations - Services PEAK Matrix® Assessment 2023
August 23 2023 - 9:00AM
TaskUs, Inc (Nasdaq: TASK), a leading provider of outsourced
digital services and next-generation customer experience to the
world's most innovative companies, was recognized as a Major
Contender in Everest Group's Banking Operations - Service PEAK
Matrix® Assessment 2023. The recognition of TaskUs' Risk + Response
business, appearing in this report for the first time among
significantly larger and more established competitors, reflects its
achievements in helping banks fight new forms of online fraud and
financial crime and the cost of complying with increasing
regulatory complexity.
TaskUs' Risk + Response works with large and innovative banks
across the ecosystem, providing digital identity verification,
fincrime compliance, and anti-fraud solutions. The company
seamlessly integrates a geographically dispersed workforce with
robust technological proficiencies, further strengthened by
strategic collaborations with Hummingbird RegTech—an advanced
compliance platform—and Quavo, the world’s leading provider of
automated, cloud-based fraud and dispute SaaS solutions.
"Enterprises are proactively gearing up for future demands by
using outsourcing organizations such as TaskUs to bolster their
agility and resilience," noted Sean Neighbors, Senior Vice
President for TaskUs Global Offerings. "We help businesses navigate
business demand and preempt market shifts by leveraging offensive
and defensive strategies to combat concerns such as the rise in
financial crimes due to AI."
"Amid shifting interest rates and decreased loan volumes,
clients are prioritizing digital prowess for heightened resilience
in advance of the next market upswing," said Pragya Agarwal, Global
Head of TaskUs Risk + Response. "We're pleased Everest Group and
our clients recognize we are a Major Contender in banking practices
and agile technology through our top-tier partners."
About TaskUs
TaskUs is a leading provider of outsourced digital services and
next-generation customer experience to the world’s most innovative
companies, helping its clients represent, protect and grow their
brands. Leveraging a cloud-based infrastructure, TaskUs serves
clients in the fastest-growing sectors, including social media,
e-commerce, gaming, streaming media, food delivery and
ride-sharing, Technology, FinTech and HealthTech. As of June 30,
2023, TaskUs had a worldwide headcount of approximately 47,000
people across 27 locations in 13 countries, including the United
States, the Philippines and India.
Investor ContactAlan KatzInvestor
Relationsalan.katz@taskus.com
Media Contact Lisa WolfordCorporate
communicationslisa.wolford@taskus.com
Analyst Contact Aditya ModiAnalyst and Advisor
Relationsaditya@taskus.com
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