EXL Acquires Banking Analytics Services Firm IQR Consulting
"At IQR, we are passionate about using data analytics to solve real business problems for our clients and help them create growth opportunities," said Rahul Nawab, Chief Executive Officer of IQR. "EXL is a world-class service provider to the banking industry and a recognized leader in analytics. We are excited to join with EXL and to deliver even greater value to our clients."
From marketing optimization and customer segmentation to scoring risk and predicting fraud, IQR possesses a strong track record in delivering actionable insights for clients. By developing predictive algorithms and creating real-time reporting tools, IQR enables its clients to make timely decisions that yield tangible business impact.
"IQR has amassed a wealth of expertise in banking and financial services, which is a core vertical for EXL," said
IQR will become part of EXL
Analytics and maintain its delivery hub in Ahmedabad, India. EXL was represented in the transaction by
EXL (NASDAQ:EXLS) is a leading operations management and analytics company that helps businesses enhance growth and profitability in the face of relentless competition and continuous disruption. Using our proprietary award-winning Business EXLerator Framework™, which integrates analytics, automation, benchmarking, BPO, consulting, industry best practices and technology platforms, EXL looks deeper to help companies improve global operations, enhance data-driven insights, increase customer satisfaction, and manage risk and compliance. EXL serves the insurance, healthcare, banking and financial services, utilities, travel, transportation and logistics industries. Headquartered in
Established in 2008,
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