Agency / Source: SilverSky | BAE Systems plc

Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

BAE Systems and Mphasis Partner to Provide Leading Fraud and Money Laundering Detection Capabilities to Financial Services Industry - Partnership combines the strong services portfolio of Mphasis with BAE Systems NetReveal solution to deliver to market leading technology to global customers [BSE: 526299; NSE: MPHASIS] - Mphasis.com / BAESystems.com
BAE Systems and Mphasis Partner to Provide Leading Fraud and Money Laundering Detection Capabilities to Financial Services Industry

 

PRZOOM - /newswire/ - London, United Kingdom, 2018/10/18 - Partnership combines the strong services portfolio of Mphasis with BAE Systems NetReveal solution to deliver to market leading technology to global customers [BSE: 526299; NSE: MPHASIS] - Mphasis.com / BAESystems.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial/Legal/Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Mphasis, the IT services and solutions provider specializing in cloud and cognitive services has today announced a partnership with BAE Systems Applied Intelligence, the financial crime and cyber division within the multinational defence and security company, BAE Systems PLC.

The partnership will see the formation of a Centre of Excellence, a virtual team created to deliver BAE Systems’ anti-money laundering and fraud detection and prevention solution, NetReveal. Mphasis will utilise their global delivery capability to help implement the technology to banking, financial services and insurance organisations.

According to leading research and advisory firm, Forrester1, demand for such a partnership is there, with estimates that global spending on fraud management solutions will grow to $10.4 billion in 2023, up from $5.0 billion in 2017 — a compound annual growth rate of 12.9%.

Nitin Rakesh, Chief Executive Officer and Executive Director, Mphasis, said:
“While financial crime has been there since the beginning of the financial services industry; the evolution of criminals and their ability to use technology to disrupt economies is a bigger threat than ever. This Centre of Excellence in partnership with BAE Systems will bring together the best of both worlds to keep financial organisations safer, globally raising the bar for the security of financial systems.”

Sanjay Samuel, MD Financial Services, BAE Systems Applied Intelligence, said:
“Fraud is growing at a rapid pace. New regulations, new channels and demand for seamless customer experiences present a unique challenge for each organisation. A new approach is needed, one that marries advanced analytics and machine learning with human intuition, the solution is NetReveal. By partnering with Mphasis, we will be able to reach more customers who will benefit from their domain expertise and technology, whilst continuing to reap the benefit of our market leading solutions and in-depth knowledge of the financial crime domain.”

For further information, please contact:

Deepa Nagraj, Mphasis Corporate Communications
E: deepa.nagaraj@mphasis.com
T: +1 347-268-0661 | +1 646-424-5160 | +91 98 45256283

Sumana Bhat, Mphasis Corporate Communications
E: Sumana.bhat@mphasis.com - T: +91 99 02980980

About Mphasis

Mphasis (mphasis.com) applies next-generation technology to help enterprises transform businesses globally. Customer centricity is foundational to Mphasis and is reflected in the Mphasis’ Front2Back™ Transformation approach. Front2Back™ uses the exponential power of cloud and cognitive to provide hyper-personalized (C=X2C2TM=1) digital experience to clients and their end customers. Mphasis’ Service Transformation approach helps ‘shrink the core’ through the application of digital technologies across legacy environments within an enterprise, enabling businesses to stay ahead in a changing world. Mphasis’ core reference architectures and tools, speed and innovation with domain expertise and specialization are key to building strong relationships with marquee clients.

Mphasis serves marquee customers across the globe including 6 top global banks, 11 out of 15 top mortgage lenders, and three top global insurance companies. The company has 22,000 employees across 16 countries.

About BAE Systems
At BAE Systems (baesystems.com), we provide some of the world’s most advanced technology defence, aerospace and security solutions. We employ a skilled workforce of 82,500 people in over 40 countries. Working with customers and local partners, our products and services deliver military capability, protect people and national security, and keep critical information and infrastructure secure.

At BAE Systems Applied Intelligence, we help nations, governments and businesses around the world defend themselves against cybercrime, reduce their risk in the connected world, comply with regulation, and transform their operations.

Issued by:
BAE Systems plc
Media hotline: +44(0)78 0171 7739
Ref: 134/2018

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial/Legal/Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: SilverSky | BAE Systems plc

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Financial/Legal/Venture articles,
CATCH Visitors via Your Competitors Announcements!


BAE Systems and Mphasis Partner to Provide Leading Fraud and Money Laundering Detection Capabilities to Financial Services Industry

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Nick Haigh - BAESystems.com 
+44(0)75 2539 0982 nick.haigh@baesystems.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any SilverSky | BAE Systems plc securities in any jurisdiction including any other companies listed or named in this release.

Financial/Legal/Venture via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Press Releases From SilverSky | BAE Systems plc / Company Profile


Read Financial/Legal/Venture Most Recent Related Press Releases:

TRA Adds Again with Acquisition of McCaw & Salesberry Retirement Solutions, LLC
ALM Intelligence Launches New Professional Services Research
The Retirement Advantage, Inc. and Retirement Learning Center Announce Strategic Partner
Giovambattista Scuticchio Foderaro Takes Part in Forbes Business Council
CLECenter.com Relaunches Industry-leading On-demand Continuing Legal Education Platform
Global Female Income to Reach Trillion in 2020 Says Frost & Sullivan
ALM Announces the Launch of Legal Radar
SCOR Acquires A Majority Stake in AgroBrasil - An Innovator and Leader in Brazil’s Agriculture Insurance Ecosystem
The Retirement Advantage, Inc. Hires Trey Galuppi As MEP Specialist
Controlling eDiscovery Spend, Security, and Cloud Are Top Priorities for Enterprise Legal Departments

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
.



PREMIUM Members


Visit  RightITnow, Inc.

Visit  La Bella Bakery Artisan Bakery Arizona

Visit  JobsWare.com







 
  ©2020 PRZOOM - Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today