![]() ![]() Not only do we share geographic locations, our teams have many common values and our cultures are closely aligned. “Capgemini’s strategic business transformation services coupled with its global scale, partner ecosystem and well-established financial services expertise, were a very attractive proposition for our global team, as well as for our current clients. The financial services industry is therefore poised to adopt expert-driven data and technology powered solutions to enable end-to-end FCC transformation,” said Samar Pratt, President of the FCC Division of Exiger. Yet the financial system stops only a fraction of illicit financial flows. The cost of compliance continues to increase to keep up with evolving regulations. “In an industry where compliance processes are still very manual, the end-client experience is an ongoing struggle. ![]() I am delighted to welcome them to the team.” Their capabilities are highly complementary to Capgemini’s renewed market focus to drive transformation in partnership with CxOs. “This practice brings to Capgemini deep domain regulatory expertise to help us to further address growing client demand for these services. Your user registration use case scenario makes sense, but the design with REST microservices to create User and Wallet data is not good. REST services by definition are stateless, so they should not be participants in a transactional boundary that spans more than one service. “As financial crime compliance requirements evolve, many banks are struggling to keep pace with changing regulations and cost of compliance,” comments Kartik Ramakrishnan, Deputy CEO of Capgemini’s Financial Services and member of the Group Executive Committee. distributed transactions with REST services. The FCC division’s deep-domain capabilities and advisory board of ex-regulators, combined with Capgemini’s network of alliances, will enable the Group to orchestrate an end-to-end ecosystem to drive advisory led transformation in financial crime compliance, a high priority agenda item in financial services today. Its client roster is highly complementary to Capgemini’s and includes major players in banking, capital markets and fintechs. This team specializes in advisory, analytics and managed services relating to anti-money laundering, Know Your Customer (KYC), anti-bribery & corruption, suspicious activity monitoring, sanctions, transaction monitoring, and fraud. The transaction is due to close in the coming months.įounded in 2013, the FCC division of Exiger comprises a team of experts located in North America, EMEA and APAC. Our team strives to provide dedicated, dependable support Giving Realtors the freedom for balance and growth. Since then our dynamic team has successfully managed over 12,000 transactions. This acquisition will strengthen the Group’s offerings in financial crime, risk management and regulatory compliance services. Cornerstone Transaction Management was founded in December of 2011. Paris, Septem– Capgemini announces that it has signed an agreement for the acquisition of the Financial Crime Compliance ( FCC) division of Exiger, a global market leading financial crime practice. ![]()
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