Accenture and Janalakshmi Financial Services partner to expand services and operations for the poor in India
Oct 04, 2013 (M2 EQUITYBITES via COMTEX) --
Accenture (NYSE:ACN), a global management consulting, technology services and outsourcing company, and Janalakshmi Financial Services (JFS), a microfinance organisation in India, announced today the signing of a five-year agreement under which Accenture will provide business process outsourcing and IT services designed to help JFS rapidly scale up its operations to deliver microloans to India's poor.
Under the agreement, financial details of which were not disclosed, Accenture will manage JFS's customer and account master data and provide processing, reconciliation and reporting services as part of its customer onboarding and processing operations.
Also, Accenture will also manage JFS's application platform including its core banking system, customer relationship management software and employee portal and website.
In addition, Accenture will also provide application maintenance services to support third-party technologies and work proactively with JFS to help identify new technology opportunities. Accenture will further provide infrastructure-outsourcing services, including end-user device management and network and server management.
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