SOUTHBOROUGH, Mass.--(BUSINESS WIRE)--Oct. 22, 2018--
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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20181022005591/en/
Source: Virtusa Corporation
Greenough
Amy Legere, 617-275-6517
alegere@greenough.biz