Booz Allen sells financial compliance practice

//Booz Allen sells financial compliance practice

Booz Allen sells financial compliance practice

Booz Allen Hamilton Inc. has sold a practice it formed around an anti-money laundering software product pitched to financial institutions. RiskCanvas Holdings LLC is now part of Genpact (NYSE: G), a global professional services firm based in New York. Terms of the deal, announced Tuesday, weren’t disclosed. The riskCanvas product and the startup’s consulting services are seen positioning Genpact in a market being roiled by rising regulatory compliance expectations as well as automation, analytics…

Article by [author-name] (c) Banking & Financial News - Banking & Financial News Headlines | Bizjournals.com - Read full story here.

By | 2019-01-08T22:27:57+00:00 January 8th, 2019|Economics|

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