Wipro Enters Multi-Year Digital Transformation Partnership with Finastra in the Middle East

wipro logo


Dubai, United Arab Emirates – December 15, 2022 – Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting firm, has announced a partnership with Finastra, a global provider of financial software applications and markets, to power the digital transformation of mid-market banks. Promote. east. This multi-year engagement is in line with the region’s vision to rapidly digitize and enhance cross-border trade, with Wipro providing exclusive implementation and funding for the deployment of Finastra’s trade finance solutions in the region. Become a go-to-market partner.

Together with Finastra’s market-leading product suite, Wipro helps banks transform and digitize the entire trade finance process, thereby automating, optimizing, speeding time to market and improving customer response times make it possible. The partnership combines Wipro’s expertise across consulting, digital transformation, customer experience/user experience (CX/UX), data and analytics, cloud migration/adoption, infrastructure, and operations with a wholly owned affiliate. It is a combination of CAPCO and Designit.

Mohamad Hamza, Wipro Limited, Banking, Financial Services and Insurance (BFSI) – Regional Head Middle East “Corporate banks are major players in this space and are significantly transforming the way they operate to keep up with the evolving industry. Streamlining and increasing efficiency are key priorities in this space, and this exclusive partnership with Finastra enables us to help our clients transform into true digital platform players.”

Manish Joshi, Managing Director, Lending, APMEA, Finastra“We are very pleased to extend our cooperation with Wipro into the Middle East as already a long-standing and important global partner. Wipro’s broad portfolio of services and extensive experience complement Finastra’s leading edge solutions.” We look forward to leveraging this combination to facilitate the digital transformation of even more banks and financial institutions in the region, enabling them and their customers to reap the benefits of digitization.” increase.”

Harpreet Arora, Global Head of Banking, Financial Services and Insurance (BFSI) Domains and Solutions, Wipro Limited, said: Therefore, it solidifies its position in the market. Wipro will help banks in the Middle East implement Finastra’s trade finance products by combining Wipro’s domain expertise and service delivery capabilities with Finastra’s product strengths. ”

Wipro has a strong presence and credibility for decades in the Middle East, one of six focus regions comprising Wipro’s Asia Pacific, Middle East, India and Africa (APMEA) Strategic Markets Unit. In line with its ambition to drive sustainable business growth and deliver greater value to its clients in the region, Wipro continues to strengthen its consulting capabilities while focusing on innovation, talent and ecosystem partnerships, leveraging experience. Deliver led transformation.

About Wipro Limited

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading technology services and consulting firm focused on building innovative solutions for clients’ most complex digital transformation needs. . Leveraging our comprehensive portfolio of capabilities in consulting, design, engineering and operations, we help our clients realize their wildest ambitions and build future-proof and sustainable businesses. With more than 250,000 of her employees and business partners in 66 countries, we deliver on our promise to help our customers, colleagues and communities thrive in an ever-changing world. For more information, please visit

Media contact:
Nisha Chandrasekaran
Wipro Limited

Forward-Looking Statements

The forward-looking statements contained herein represent Wipro’s views regarding future events, many of which, by their nature, are inherently uncertain and beyond Wipro’s control. Such statements include, but are not limited to, statements regarding Wipro’s growth prospects, future financial performance, plans, expectations and intentions. Wipro cautions readers that forward-looking statements contained herein are subject to risks and uncertainties and that actual results may differ materially from those anticipated in such statements. Such risks and uncertainties include risks and uncertainties regarding earnings, returns and earnings volatility, the ability to generate and manage growth, the completion of proposed corporate actions, intense competition in IT services, and the ability to sustain costs. including but not limited to gender. Advantages, rising wages in India, our ability to attract and retain highly skilled professionals, time and cost overruns in fixed price, fixed time frame contracts, client concentration, immigration restrictions, international operations disruption of telecommunications networks due to reduced demand; our ability to successfully complete and integrate potential acquisitions; liability for damages for our service contracts; , withdrawal of fiscal government incentives, political instability, war, legal restrictions on raising capital or acquiring companies abroad, misappropriation of intellectual property, and general economic conditions affecting business and industry.

Other risks that may affect our future results are detailed in our filings with the U.S. Securities and Exchange Commission, including, but not limited to, our annual report on Form 20-F. increase. These filings are available at From time to time, we may make additional written and oral forward-looking statements, including statements contained in company filings with the Securities and Exchange Commission and reports to shareholders. We do not undertake to update any forward-looking statements that we may make from time to time or on our behalf.


Source link

What do you think?

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings


    Member Petition Asks WPCA to Retain Control of Wastewater Treatment Plants – Bridgeport® Only

    NewsImage vcsPRAsset 3576344 251964 38cd87da 9726 43a7 ae0d 34842ba6b966 0

    Top Digital Marketing Agencies for December, According to DesignRush