Attributes 191% revenue growth to increased uptake for disruptive, real-time cross-channel Enterprise Fraud Management value proposition
 

CustomerXPs has ranked 31 on the Deloitte Technology Fast 50™ India 2016, a positioning of the nation’s 50 fastest growing technology companies. The rankings are based on percentage revenue growth over 3 years and CustomerXPs grew 191% percent during this period. Previously CustomerXPs was positioned as Enterprise Fraud Solution in the Chartis RiskTech Quadrant and the company’s flagship product Clari5 was voted ‘Best Fraud Detection Product 2016’ by Risk.net.

Speaking on the occasion CustomerXPs CEO, Rivi Varghese said, “With more than 250 mn accounts passing through us daily at some of the world’s largest implementations, we have emerged category leaders for real-time cross-channel Enterprise Fraud Management for banks. Our differentiated ‘human brain’ based cross-channel approach and our 100% implementation success when combined with a highly localized product ensures banks can go live quickly. The Deloitte Fast50 recognition is a validation of the growth in adoption of our disruptive solution."

"Making the Deloitte Technology Fast50 is commendable in today’s highly competitive technology industry," said Rajiv Sundar, Partner, Deloitte in India. He added, "Being one of the 50 fastest growing technology companies in India is an impressive feat and we congratulate CustomerXPs for making the Deloitte Technology Fast50 India with their phenomenal growth rate.”

About CustomerXPs

CustomerXPs develops real-time, intelligent products to empower financial institutions with instant insights enabling influenced outcomes of deeper customer engagement and fraud-free transactions.

With a vision to equip clients to proactively sense customers' needs/wants, CustomerXPs identifies and solves, in real-time, complex problems in the areas of customer experience management, contextual right-sell, fraud monitoring, compliance, accurately predicting risk and automating targeted treatments. Clari5 is a massively scalable cross-channel, cross-pollinated, real-time enterprise fraud management & revenue maximization solution for global banks.  Clari5's differentiated approach deploys a central nervous system in banks with the ability to stop transactions in real-time. Clari5 is a bolt-on system, requires no replacement and features a compact implementation cycle with extremely quick ROI. www.customerxps.com

About Deloitte Technology Fast50 India Program

The Technology Fast50 India program, which was launched in 2005, is conducted by Deloitte Touche Tohmatsu India LLP (DTTILLP), and is part of a truly integrated Asia Pacific program recognizing the India’s fastest growing and most dynamic technology businesses (public and private) and includes all areas of technology - from internet to biotechnology, from medical and scientific to computers/hardware.

The program recognizes the fastest growing technology companies in India based on their percentage revenue growth over the past three financial years. www.deloitte.com/in

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