Company Research Report: Jocata Corporation
Company Overview
Name: Jocata Corporation
Mission: Jocata aims to create a digital ecosystem of technologies that provide adaptive solutions for financial institutions, delivering business growth, streamlined operations, risk-adjusted insights, and regulatory compliance.
Founded: 2010
Key People:
- Prashant Muddu, MD & CEO
- Narasimhan V, Principal Advisor
- Akshay Chopra, Business Head
- Sundari Vedula, Chief Technology Officer
- Karthigeyan S, Senior Director - Products
- Anjali Jhajj, Director- Delivery
Headquarters: Hyderabad, India
Number of Employees: No information is available
Revenue: No information is available
Known For: Jocata is known for its digital transformation solutions for financial institutions, leveraging cutting-edge technology and innovative platforms like Jocata GRIDTM to enhance business processes and compliance.
Products
Jocata GRIDTM
Description: A modular, scalable, and secure digital ecosystem platform that helps financial institutions drive digital transformation across business, risk, operations, and compliance verticals.
Key Features:
- Aggregation: Collection of digital APIs for identity, address, financial, social, legal, and custom data processing.
- Processing & Analytics: Provides real-time data processing and analytics, offering actionable insights.
- Presentation: Offers customizable views of data based on business needs.
- Deployment Flexibility: Can be deployed on-premises or in the cloud and customized to specific requirements.
One Case Manager
Description: A comprehensive case management solution that assists in unifying alerts related to Anti-Money Laundering (AML), Combating the Financing of Terrorism (CFT), Fraud Risk Management (FRM), and sanctions screening.
Key Features:
- 360° View: Consolidates cases and alerts from multiple platforms for comprehensive risk assessment.
- Collaboration: Facilitates real-time communication and information sharing within investigation teams.
- Intelligent Automation: Utilizes AI/ML for automated alert classification and prioritization, reducing false positives.
Recent Developments
Recent Developments in Company:
- Presented Jocata Sumpoorn at GPFI in 2023 under the G20 Presidency at the Global SME Finance Forum.
- Showcased at Citizen Stack - the first United Nations Conference on DPI in 2024.
- Awarded Product Innovation of the Year - Asia for Jocata SWARA and Sumpoorn at Global SME Finance Awards 2024.
New Products Launched: No information is available
New Features Added to Existing Products: No information is available
New Partnerships: Since 2010, Jocata has formed successful partnerships with major financial institutions, such as Axis Bank, Airtel Payments Bank, American Express, IndusInd Bank, and RBL Bank.
Conclusion
This report provides a detailed overview of Jocata Corporation, highlighting its mission, key personnel, innovative products like Jocata GRIDTM and One Case Manager, as well as recent accolades and developments. Jocata continues to be a significant player in the fintech industry, driving digital transformation for its clients with a focus on efficiency, compliance, and technological innovation.
