 "Hexaware To Offer ERM Solutions Through A JV")
Hexaware Technologies has entered into an agreement with Pemtrad International to launch Risk Technology International (RiskTech).
The company will offer a suite of technology-focused solutions for implementation and support in the areas of value-based Enterprise Risk Management (ERM) including Basel II and Pillar III based services, regulatory compliance, and treasury risk management. In addition to the above offerings, RiskTech will also provide MiFID related services.
“We have now entered the risk management space and we expect to achieve revenue of $20mn+ in the third year in RiskTech coupled with a high downstream revenue potential for Hexaware,” stated Atul Nishar, executive chairman, Hexaware Technologies.
Peyman Mestchian, CEO, RiskTech, said, “I am looking forward to furthering Hexaware’s market penetration. We have already won four customers, one of them being a Fortune 500 bank in Europe and the other being one of the largest banks in the Middle East.”
 "Hexaware Technologies Q1 net profit rises 26.3% to Rs 175 cr, revenue up 22%; suspends annual guidance for FY20")
 "Hexaware Technologies buys US-based Mobiquity Inc for $182 mn to expand cloud, automation service offerings")
 "IT companies shares tumble after Cognizant cuts 2019 growth outlook; TCS falls 3.7%")
 "Hexaware Q4 net declines 15% due to forex, employee restructuring")
 "Hexaware Technologies Q1 net profit rises 26.3% to Rs 175 cr, revenue up 22%; suspends annual guidance for FY20")
 "Hexaware Technologies buys US-based Mobiquity Inc for $182 mn to expand cloud, automation service offerings")
 "IT companies shares tumble after Cognizant cuts 2019 growth outlook; TCS falls 3.7%")
 "Hexaware Q4 net declines 15% due to forex, employee restructuring")