Hyderabad: Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology advisory and services company, announced the launch of a new financial services advisory capability in India. Capco, a Wipro company, will complement Wipro’s presence in the Indian financial services sector through its Mumbai operations to jointly deliver end-to-end transformational services for this sector.
The value of the Indian consulting market is estimated at $8.6 billion, of which financial services account for approximately $2.95 billion*. In partnership with Wipro, Capco will offer strategic consulting and advisory capabilities to Indian financial services companies that are on their digitalization journey. To this end, Capco will leverage Wipro’s presence, relationships, scale and proven expertise in India to deliver a comprehensive suite of digital transformation services.
Anis Chenchah, CEO of Asia Pacific, Middle East and Africa (APMEA), Wipro Limited, said, “Capco’s expertise in financial services consulting in India is aimed at accelerating end-to-end transformation journeys. at the end of our customers. I am confident that the joint strengths of Wipro and Capco will play an important role in the next phase of industry innovation. It enriches our full range of capabilities, ensuring that we are well positioned to help our customers achieve their growth ambitions.
Lance Levy, CEO of Capco and Executive Sponsor of Wipro’s Financial Services business, said, “I am delighted to showcase Capco’s financial services advisory capability in India. We will combine our deep domain expertise in digital banking and insurance, data and cloud transformation, intelligent automation and cybersecurity with Wipro’s scale and expansive delivery to deliver an experience new and dynamic end-to-end transformational approach to our most important customers. .”