Kanbay Incorporated and Partners Consulting Group Announce a Strategic Alliance
New alliance to provide best-of-breed full lifecycle consulting and implementation to the card management and consumer banking industry
CHICAGO, IL, September 4, 2003 - Kanbay Incorporated, a premier global consulting and managed solutions firm specializing in the financial services industry, today announced a new alliance with Partners Consulting Group LLC (PCG), a consulting firm dedicated to the financial services industry and specializing in card management and consumer banking technologies. PCG works with clients to formulate strategies and tactics to achieve success. Kanbay will serve as a preferred integrator for PCG implementing credit card and banking solutions. This alliance will provide both Kanbay's and PCG's clients with best-of-breed financial services knowledge and a full lifecycle of services.
"Kanbay's alliance with PCG adds significant value to our global clients. PCG has the culture and strategic know-how that adds extensively to our financial service knowledge and experience in credit payment cards, web enablement, ATMs and point-of-sale, and consumer banking. Our clients can expect the most complete solution that either firm has to offer," said Jean Cholka, President of the Americas for Kanbay.
In-depth solutions experience is important to the success of any strategic project. With the Kanbay-PCG alliance, financial institutions have a one-stop source for with tremendous technology and industry domain knowledge and expertise. Significantly, the Kanbay-PCG alliance is capable in both planning and implementing banking and payment solutions, based on the institutional client's needs.
"We are excited to be working with a company of Kanbay's reputation and expertise. Leveraging Kanbay's industry knowledge, development skills and capabilities will result in quick, cost-effective implementation of financial services solutions to meet the strategic needs of our clients," stated Dave Lott, Managing Partner at PCG.
About Kanbay
Kanbay is a global integration and managed solutions company with a rich heritage in serving the financial services industry. The company's solutions help customers achieve sustainable business success and predictable value via a customer-centric approach to deploying industry innovation, process excellence and information technology solutions. Kanbay's solutions are a combination of bundled and specialized solution sets, industry advancements, process excellence and information technology enablement delivered via a flexible global delivery model at the right cost.
Founded in 1989, Kanbay is headquartered in Rosemont, Illinois. Kanbay also has U.S. offices in Los Angeles and New York; a European office in Cambridge; Australian offices in Melbourne, Sydney, Brisbane and Perth; offices in Hong Kong, Japan, Singapore and Canada; plus the Kanbay Solutions Center in Pune, India.
About PCG
PCG and its team of experienced professionals have played significant roles in working with financial institutions addressing the various components of their consumer banking services. As the number of banking distribution channels available to consumers continues to expand, it is important for financial institutions to manage the features and capacity of all these alternatives channels to optimize service levels and reduce costs. The PCG team has successfully helped clients in developing and executing consumer banking strategies and tactics, particularly in the areas of branch operations; retail lending; debit, credit and stored value cards; customer segmentation; and, developing the most effective product delivery methods.
