Capgemini Recognized Again as Star Performer in Everest Group’s PEAK Matrix Assessment

PARIS & NEW YORK–(BUSINESS WIRE)–Capgemini,
a global leader in consulting, technology and outsourcing services, was
named a leader and star performer in Everest Group’s 2017 PEAK Matrix™
Assessment for IT Outsourcing in global capital markets, as well as in
global banking. Capgemini garnered recognition for its growth in
next-generation technologies, such as big data and artificial
intelligence (AI), and also for its bolstered proficiencies within the
digital and customer experience spaces.

Everest Group analyzed a broad range of capabilities of leading
Applications Outsourcing (AO) service providers, 28 specific to the
global banking sector and 27 unique to global capital markets. Capgemini
was one of five Star Performers for banking and one of seven for capital
markets. Service providers earn Star Performer status based on
demonstration of the strongest sustained momentum across various PEAK
Matrix parameters in both market success and capabilities. The Everest
assessments also focused on capability advancements through innovation
(such as Capgemini’s new PSD2 Open Banking Solution1) and
collaboration with numerous FinTechs, and next-generation themes
including application processing interfaces (APIs), blockchain, cloud,
cybersecurity, and automation.

The PEAK Matrix Assessment noted that recent Capgemini acquisitions
enhanced its distinctive value proposition through augmented digital
capabilities. In 2016, Capgemini acquired Fahrenheit
212
, an innovation strategy and design firm, and Idean,
a fast-growing digital strategy and experience design consultancy.
According to the report, the transactions have boosted innovation,
business transformation and digital customer experience solutions for
all parties involved.

Financial institutions are re-orienting their technology strategies
to adapt to a digital-first demand profile characterized by evolving
consumer demands, new technologies, regulatory pressures, and heightened
competition from FinTech competitors,”
said Everest Group Partner
Jimit Arora. Strong growth momentum, digital-design acquisitions
such as Idean and Fahrenheit 212, new open banking and blockchain
solutions, and bold initiatives like its
Applied
Innovation Exchanges
(AIEs) that encourage collaboration with
FinTechs have positioned Capgemini as a Leader and Star Performer in
Everest Group’s 2017 PEAK Matrix assessments for Applications
Outsourcing in banking and capital markets.”

Anirban Bose, Executive Vice President and Global Head of Banking for
Capgemini’s Financial Services Strategic Business Unit, said,
Banking practice leadership has long been among our team goals, so
being a repeat winner is very exciting and satisfying. We are honored
that our capital markets IT outsourcing capabilities have earned us a
spot in Everest’s respected leaders’ club. We are committed to
sustaining growth in our largest accounts by providing the latest
technological breakthroughs and domain expertise to clients while
working with pioneering tech developers and FinTechs
.”

Download a copy of Everest Group’s 2017 PEAK Matrix Assessment for
Global Banking here
and Capital Markets here.

About Capgemini

With more than 190,000 people, Capgemini is present in over 40 countries
and celebrates its 50th Anniversary year in 2017. A global
leader in consulting, technology and outsourcing services, the Group
reported 2016 global revenues of EUR 12.5 billion. Together with its
clients, Capgemini creates and delivers business, technology, and
digital solutions that fit their needs, enabling them to achieve
innovation and competitiveness. A deeply multicultural organization,
Capgemini has developed its own way of working, the
Collaborative Business ExperienceTM
, and draws on Rightshore®,
its worldwide delivery model.

Learn more about us at www.capgemini.com.

Rightshore® is a trademark belonging to
Capgemini

Capgemini’s Financial Services Business Unit offers global banks,
capital markets firms, and insurers transformative business and IT
solutions to help them nimbly respond to industry disruptions, to give
their customers differentiated value, and to expand their revenue
streams. A team of more than 55,000 professionals collaboratively
delivers a holistic framework across technologies and geographies, from
infrastructure to applications, to provide tailored solutions to 1000+
clients, representing two-thirds of the world’s largest financial
institutions. Client engagements are built on bar-setting expertise,
fresh market insights and more than a quarter century of global delivery
excellence.

Learn more at www.capgemini.com/financialservices

____________

1 Capgemini’s PSD2 Open Banking Solution, a platform
that helps transform the ability of banks and payments services
providers (PSPs) to unlock new digital business models in light of
the European Union’s Revised Payment Service Directive (PSD2). The
solution is designed to help clients dramatically lower the cost
of responding to PSD2 by accelerating strategy definition,
readiness assessment, and implementation capabilities including
new forms of collaboration with a whole ecosystem of business
partners.

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