July 10, 2017

Pactera Wins Risk Data and Analytics Technology Implementation of the Year Award

BEIJING, July 10, 2017 — Pactera Technology International Ltd. (“Pactera”), a global digital consulting and technology services provider, announced that that it has received the Risk Data and Analytics Technology Implementation of the Year award at The Asian Banker Risk Management Awards Programme 2017 together with its client Bank of Beijing, and PwC China. This is the second time Pactera has received a top risk management implementation award in the past two years.

The importance of risk management has been underscored in the aftermath of multiple financial crises, positioning it at the heart of decision making for financial institutions. Pactera leveraged big data and analytics capabilities to successfully help implement a bank-wide risk data platform for its client, Bank of Beijing, by integrating a platform to realize flexible and efficient automated data quality checking optimized for risk modelling. The project strengthened the bank’s ability to collect, process, and analyze risk related data more comprehensively, helping it incorporate the ‘New Basel Accord’ requirements.

The Asian Banker Risk Management Awards is a programme designed to identify emerging best practices and outstanding achievements of the best run risk management teams in financial institutions. The Asian Banker and the Advisory Council currently cover the Asia PacificMiddle East and African regions but benchmark globally by tracking developments around the world.

The awards ceremony was held in conjunction with the Asian Banker Future of Finance Summit 2017, the foremost annual meeting for decision makers in the financial services industry in the Asia Pacific region, held at the MAX Atria @ Singapore EXPO, Singapore. This meeting attracted about 1,000 elite bankers and financial services practitioners from over 30 countries across the world.

About Pactera

Pactera is a leading digital consulting and technology services firm. With over 26,000 employees across the globe, Pactera is focused on growing Fortune 500 companies through world-class end-to-end services including Consulting, Digital Engagement, Technology, Operations, and Globalization. Visit Pactera at www.pactera.com.

About The Asian Banker

The Asian Banker is the region’s most authoritative provider of strategic business intelligence to the financial services community. The Singapore-based company has offices in SingaporeMalaysiaManilaHong KongBeijing, and Dubai, as well as representatives in LondonNew York, and San Francisco. It has a business model that revolves around three core business lines: publications, research services and forums. The company’s website is www.theasianbanker.com


Source: Pactera

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