Wipro Limited and Finastra, the largest pure-play software vendor that serves the entire financial services industry, has announced a partnership to help corporate banks across Asia- Pacific accelerate their digital transformation.
The companies will create a unique offering that combines Wipro’s comprehensive services catalogue with Finastra’s front-to-back trade finance and cash-management solutions.
The partnership will help banks make transitions quickly through access to Wipro’s service portfolio, from consulting and digital to infrastructure and operations, and Finastra’s leading solutions – Fusion Trade Innovation and Fusion Cash Management.
Luc Hovhannessian, Managing Director – Asia Pacific, Finastra said, “This strategic partnership is the continuation of years of collaboration with Encore Theme Technologies, now part of Wipro, creating an offering that will help banks accelerate their digital transformation, driving competition and increasing innovation in the industry.”
Harpreet Arora, Vice President – BFSI Domain & Consulting Head, Wipro Limited said, “This partnership is in line with our continued efforts to strengthen our presence in Asia-Pacific and drive digital transformation. Having recently acquired Encore Theme Technologies, a specialist in implementing Finastra’s trade finance solutions, this agreement is a logical next step in deepening our mutually beneficial partnership.”