Attributes 191% revenue growth to increased uptake for disruptive, real-time cross-channel Enterprise Fraud Management value proposition


Hong Kong, 1 December 2016Subsequent to being ranked among India’s Top 50 fastest growing technology companies, CustomerXPs has now made it to the Deloitte Technology Fast 500™ Asia Pacific 2016, a positioning of the region’s 500 fastest growing technology companies.

The rankings are based on percentage revenue growth over 3 years and CustomerXPs grew 191% percent during this period.

Previously CustomerXPs was positioned as Enterprise Fraud Solution in the Chartis RiskTech Quadrant and the company’s flagship product Clari5 was voted ‘Best Fraud Detection Product 2016’ by

Our Asia Pacific Technology Fast 500 winners demonstrate how new technologies are shaping the way we live and work, using innovative solutions to transform business models and simplify the lives of the consumer, ” said Toshifumi Kusunioki, Deloitte Leader, Technology Fast 500 Asia Pacific.

“Making the Deloitte Technology Fast50 is commendable in today’s highly competitive technology industry,” said Rajiv Sundar, Partner, Deloitte in India. He added, “Being one of the 50 fastest growing technology companies in India is an impressive feat and we congratulate CustomerXPs for making the Deloitte Technology Fast50 India with their phenomenal growth rate”.

CustomerXPs CEO, Rivi Varghese said, “With more than 250 mn accounts passing through us daily at some of the world’s largest implementations, we have emerged category leaders for real-time cross-channel Enterprise Fraud Management for banks. Our differentiated ‘human brain’ based cross-channel approach and our 100% implementation success when combined with a highly localized product ensures banks can go live quickly. This recognition is a validation of the growth in adoption of our disruptive solution.”

About Deloitte Technology Fast500TM Asia Pacific Program

The Deloitte Technology Fast 500 is the pre-eminent technology awards program in Asia Pacific, and now in its 15th year, it includes 9 Asia Pacific locations: Australia, China, India, Japan, South Korea, Malaysia, New Zealand, Singapore and Taiwan. Combining Technological innovation, entrepreneurship and rapid growth, Fast 500 companies – large, small, public and private – span a variety of industry sectors from software to biotech. Fast 500 companies play in the SaaS, cloud computing, data analytics, and mobile sectors and are transforming the way we do business today.


About Deloitte Technology Fast500 India Program

The Technology Fast50 India program, which was launched in 2005, is conducted by Deloitte Touche Tohmatsu India LLP (DTTILLP), and is part of a truly integrated Asia Pacific program recognizing the India’s fastest growing and most dynamic technology businesses (public and private) and includes all areas of technology – from internet to biotechnology, from medical and scientific to computers/hardware. The program recognizes the fastest growing technology companies in India based on their percentage revenue growth over the past three financial years.

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