The Alta Group and Genpact announced a newly-expanded strategic alliance that will provide comprehensive management, information technology (IT), application consulting and hosted solutions to equipment lessors and other commercial and consumer finance institutions in the U.S. and worldwide.

The alliance will leverage the vast thought leadership and industry expertise of The Alta Group combined with Genpact’s deep domain experience, software products and delivery capabilities.

A large number of Genpact associates around the world already support the commercial lending sector serving over $200 billion in assets, with design and implementation capabilities across technology, risk, analytics, operations, asset management, and finance. Built on its strong heritage of being founded as a division of GE Capital, Genpact assists lessors in developing target operating models, driving process efficiencies, strategizing new market entry, scaling up without additional resources, and implementing cutting-edge software products.

John C. Deane, the CEO of Alta, said, “Genpact is a global leader in the provision of IT, application consulting, and hosted solutions services to our industry. They have the expertise, capacity, and strategic focus to meet our clients’ operating requirements, especially when combined with Alta’s strategic expertise.