Genpact which is regarded a global leader in digitally-powered business has signed an agreement with Calcutta University for a research and consultancy partnership in financial analytics and banking services. It is a significant industry-academia collaboration which enables the Calcutta University to collaborate with Genpact and work on incubation of new ideas and build knowledge frameworks.
In the present scenario, analytics are playing a crucial role in enabling smarter decision making due to rapid digitalisation and advent of unconventional and big data structures. For ensuring driving adoption of analytics across industries, mitigating risk and improving operational efficiency is essential. Today, financial and banking services industry are carving innovative analytics solutions to evoke risk and compliance process.
Therefore, the partnership between Genpact and Calcutta University will focus on fostering innovation in the areas of financial automation and risk management. Both the organisations will have a significant role in developing new ideas which will facilitate quicker and smarter decisions in the area of financial analytics and banking services.
Manish Chopra of Genpact revealed that the company is playing an active role in academia through developing skills in analytics and financial services-oriented knowledge. The partnership will foster the innovation in the eco-system of data enabled decision making.
For publishing joint research papers in the area of analytics, experts from Genpact will collaborate with faculty of the varsity. One of the faculty members revealed that combining academic and industry experts would give positive results and innovate ideas in an efficient manner.