Firstsource Named 2025 FCC Star Performer

14 Aug 2025 CW Team

Firstsource Solutions, a leading global provider of specialist domain-led Business Process Services (BPS) and part of the RP-Sanjiv Goenka Group, has been recognized as both a Star Performer and a Major Contender in Everest Group’s Financial Crime and Compliance (FCC) Operations Services PEAK Matrix Assessment 2025.

This dual recognition positions Firstsource among the top 36 global providers evaluated, reflecting significant year-on-year improvement in market impact, vision, and capability. The Star Performer title is awarded to providers demonstrating the strongest progress over the past year.

Everest Group cited Firstsource’s:

Expansion from fraud-focused services to end-to-end FCC operations
Strong UK base with growing presence in North America
AI-powered, BPaaS-led delivery model leveraging modular tools such as Firstsource relAI, Analyst Co-Pilot, and Digital Cockpit
Investments in the FCC Academy for GenAI-powered training and automation-led quality assurance

Vivek Sharma, Head – BFS, CMT, and Emerging Geos, Firstsource, said:

"Earning both distinctions from Everest Group validates our UnBPO™ strategy to create agile, AI-enabled FCC solutions. We’re helping financial institutions detect, investigate, and respond to financial crime faster and with greater precision, while building for the future."

Dheeraj Maken, Practice Director, Everest Group, noted:

"Firstsource’s geographically distributed FCC delivery model, gradual GenAI adoption, and targeted technology investments have strengthened its position as both a Major Contender and Star Performer."

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..