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From the Wires
Genpact Joins Hyperion Global Partner Program to Expand Business Performance Solutions
Genpact Creates Hyperion Center of Excellence to Provide Insightful End-to-End BPM Solutions to Global Customers

By: PR Newswire
Sep. 25, 2006 02:00 PM

NEW YORK, Sept. 25 /PRNewswire/ -- Genpact, a global provider of business services and technology solutions, announced today that it has joined the Hyperion Global Partner Program. Genpact will partner with Hyperion , the global leader in Business Performance Management software, to satisfy the increasing demand for robust, insightful and complex Business Performance Management (BPM) solutions from global customers.

Through the program, Genpact will provide roadmap, implementation and application support for the complete Hyperion suite of products, offering end- to-end BPM solutions combined with its strong finance & accounting (F&A) expertise and process excellence built on deep heritage in GE Six Sigma.

With 25,000 process and IT associates, Genpact currently serves all six of GE's businesses, ranging in size from $15 billion to $42 billion in annual revenues, and an additional 18 Global 2000 customers. The global partnership with Hyperion will strengthen Genpact's best-in-class F&A practice by enabling comprehensive business intelligence capabilities and helping customers stay ahead of their competition in the fields of financial planning, consolidation, scorecards, profitability analysis and credit and operational risk management.

To support the partnership, Genpact has also created a Hyperion Center of Excellence to increase adoption of Hyperion-based solutions and services such as Hyperion System 9 Planning, Hyperion System 9 BI+ Essbase Analytics and Hyperion System 9 Financial Management. The Hyperion Center of Excellence will focus on consolidating and leveraging best practices, creating reusable assets, building competencies and monitoring the latest capabilities of the technology.

"Partnering with Hyperion will complement and further enhance our strong F&A offerings," said Tajinder Vohra, senior vice president & business leader, IT & supply chain at Genpact. "We work with some of the largest financial services companies in the world, and we are confident that the alliance will help us provide best-in-class Business Intelligence solutions, enabling our customers to enhance their business performance and deliver measurable impact."

With over 150 domain and technology experts specializing in Hyperion-based solutions, Genpact has implemented more than 15 global Hyperion rollouts in the financial services industry. The rollouts have resulted in several "best practice" recognitions by Hyperion in the areas of consolidation, calculation and performance. In addition, Genpact has created re-usable components to facilitate metadata management, process automation, and reconciliation, allowing for quicker implementation and thereby generating rapid return on investment.

"Hyperion," the Hyperion logo and Hyperion's product names are trademarks of Hyperion.

About Genpact:

Genpact drives process improvements to help global enterprises improve their revenue, margins, speed, and customer relationships. Principally owned by GE, General Atlantic, and Oak Hill Capital Partners, Genpact has 25,000 highly skilled associates specialized by industry (banking/finance, insurance, manufacturing, transportation, automotive, and business services) and by the impact areas they serve (finance & accounting, sales & marketing analytics, customer service, financial services collections & operations, supply chain & procurement services, aftermarket services, information technology services, and enterprise application services & program management). With a direct sales network spanning Europe, North America and Asia, Genpact has operations centers across India as well as in China, Hungary, the Philippines, Poland, Romania, the United States and Mexico. For more info: http://www.genpact.com/

For Hyperion-related services, please contact Saumyendra Bhattacharyya, vice president, business intelligence practice at Genpact, at Saumyendra.Bhattacharyya@genpact.com.

Genpact

CONTACT: David Jensen of Genpact, +1-203-252-8562,
david.jensen@genpact.com; or Michiko Morales, +1-202-223-4933,
mmorales@stantoncomm.com, for Genpact

Web site: http://www.genpact.com/

Published Sep. 25, 2006— Reads 132
Copyright © 2006 SYS-CON Media, Inc. — All Rights Reserved.
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Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

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