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

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 www.wipro.com.

Media contact:
Nisha Chandrasekaran
Wipro Limited
nisha.chandrasekaran@wipro.com

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