Mphasis and Frontline Analysts Join Forces to Help the Financial Services Industry Capitalise on Digital Transformation

Mphasis (BSE: 526299; NSE: MPHASIS), an Information Technology solutions provider specialising in cloud and cognitive services, today announced a strategic collaboration with London and Bengaluru-based financial analysis company Frontline Analysts Ltd, a leading provider of global analyst teams for the finance industry.

The partnership enables financial institutions to capitalise on digital transformation by integrating judgment-based analysis into the design and implementation of existing services. Further, clients can benefit from tackling other parts of the value chain such as risk modelling and loan credit analysis. This is achieved through bringing together Frontline Analysts’ world class Research and analysis services with Mphasis’ deep expertise in developing leading edge technology solutions for the financial services market in Front through Back Office – serving Banks and Asset Managers.

Financial institutions face growing pressure to adapt to a changing landscape of new regulations, with evolving quantitative models and qualitative risk and conduct requirements. Simultaneously, they are managing tighter budgets as profitability is challenged by low interest rates and Covid-19. The partnership enables clients in the sector to access world class Research & Analytics services and reach their objectives through next-generation digitisation and automation solutions to drive significant efficiencies.

Mass market KPO – lower-value added manual analytics – has helped the sector but has been superseded by advances in automation and machine learning. By joining forces, Mphasis and Frontline Analysts offer pioneering solutions across risk management, front office and compliance functions. This allows financial services companies to future-proof operations through leveraging their data to perform analysis, applying superior digitisation and automating reporting and workflows.