TaskUs Named a Major Contender in Everest Group’s PEAK Matrix® for Financial Crime and Compliance Operations – Services

Published on August 19, 2022

NEW BRAUNFELS, Texas (August 19, 2022) — TaskUs, Inc. (Nasdaq: TASK), a provider of outsourced digital services and next-generation customer experience to fast-growing technology companies, was recognized as a Major Contender in Everest Group’s Financial Crime and Compliance (FCC) Operations - Services PEAK Matrix® Assessment 2022. Everest Group is a provider of strategic research insights on IT, business process, and engineering services and a leading global BPO research firm.

TaskUs recorded an impressive score in the assessment report's two evaluation dimensions–Market Impact and Vision & Capability–ranking ahead of the more established organizations reviewed in this year’s FCC Assessment as a Major Contender.

Named the Fastest Growing BPS company in 2022 by the same research firm, TaskUs has remained true to its commitment to client service excellence through scaled operations. This is evident in TaskUs’ Risk + Response service line, which continues to make strides in fulfilling client needs in managing related risks, such as fraud and financial crimes. 

“Banks and non-banks increasingly have to face the delicate task of ensuring compliance without adversely impacting their customers' experience,” said Dheeraj Maken, Practice Director, Everest Group. “TaskUs with its strong CXM background is able to help enterprises manage this challenge effectively. Additionally, it has offerings focused on cryptocurrencies, gig-economies, gaming, FinTech, eCommerce, and more. This strong foundation has led to its recognition as a Major Contender in Everest Group’s FCC Operations PEAK Matrix® Assessment 2022.”

"TaskUs has always diversified our client and revenue base as we deliver great transformational impact to the communities and clients we serve," said Jeffrey Chugg, Global Head of TaskUs Risk + Response. "This latest Everest Group report demonstrates that our vision and strategy for our clients are working. We do not plan on stopping here; our clients can expect that we will continue to be obsessed with service excellence and innovation."

“TaskUs' digital expertise comes from our deep understanding of our clients' needs. This helps us effectively provide them with the necessary services related to financial risk and response. We believe that this new recognition by Everest Group is a testament to our growing commitment to people's safety and security in an increasingly complex digital world," said TaskUs Chief Customer Officer Jarrod Johnson.

This recognition is the third received from Everest Group this year; TaskUs was named a Major Contender in Everest Group’s PEAK Matrix® for Trust and Safety – Content Moderation Provider last June, followed by first place ranking in the list of BPS Top 10 Service Providers by percentage growth in the 2022 Everest Group Business Process Services (BPS) Top 50 report. These recent recognitions are testaments to TaskUs’ commitment to expanding its offerings based on its clients' ever-growing needs.

The full version of the report is available here.

To learn more about TaskUs, visit https://www.taskus.com or the following social media accounts:

About TaskUs

TaskUs is a provider of outsourced digital services and next-generation customer experience to fast-growing technology companies, helping its clients represent, protect and grow their brands. Leveraging a cloud-based infrastructure, TaskUs serves clients in the fastest-growing sectors, including social media, e-commerce, gaming, streaming media, food delivery and ridesharing, HiTech, FinTech and HealthTech. As of June 30, 2022, TaskUs had approximately 45,300 employees across twenty-six locations in 13 countries, including the United States, the Philippines and India.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts. In some cases, you can identify these forward-looking statements by the use of words such as “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “could,” “seeks,” “predicts,” “intends,” “trends,” “plans,” “estimates,” “anticipates” or the negative version of these words or other comparable words. These forward-looking statements include any statements regarding the offering of TaskUs Class A common stock. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors include but are not limited to those described under “Risk Factors” in the registration statement relating to the public offering.  These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in the registration statement. TaskUs undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.

Media & Analyst Contact:

Heidi Lemmetyinen
Global Communications


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