The IT major on Wednesday announced a partnership with Finastra 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.
A recent Finastra study showed that corporate banking clients have shifted their focus towards real-time execution capabilities, access to online platforms, and value-add services. In response, banks are moving away from the traditional relationship management model to become digital platform players that can meet client needs in a faster, flexible and more agile way. The partnership will help banks make this transition quickly through access to Wipro s service portfolio, from consulting and digital to infrastructure and operations and Finastra s leading solutions namely Fusion Trade Innovation and Fusion Cash Management.
Wipro and Finastra Partner to Accelerate Digital Transformation in Transaction Banking equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
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JACKSONVILLE, Fla., April 16, 2021 /PRNewswire/ Finxact, the leader in Core as a Service banking, announced today that Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, will join the select group of Professional Services firms that are delivering its next-gen core to the US regional and super-regional banking sector.
Wipro has established a Finxact center of excellence within its banking practice with a specific focus on helping clients that have identified modernizing their legacy core systems as the lynchpin of their long-term digital transformation initiatives. Many of these clients are mid-cap, US-based financial institutions that have relied extensively on Wipro over the year for outsourced maintenance and customization of their systems. Wipro will leverage its expertise to guide the transformation journey and help clients bridge legacy systems like Hogan
Finxact & Wipro Partner to Help US Mid-tier Banks with Core Transformation prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.