Wipro to acquire Capco, a global management and technology consultancy to banking and financial services industry, for $ 1.45 billion

Wipro to be one of the largest providers of integrated, end-to-end consulting, digital, cloud and IT transformation services at scale Bangalore, India, London, UK and New York, USA: March 4, 2021- Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it has signed an agreement to acquire Capco, a global management and technology consultancy providing digital, consulting and technology services to financial institutions in the Americas, Europe and the Asia Pacific. London-headquartered Capco’s clients include many marquee names in the global financial services industry. Over the past 20 years, the company has worked closely with business leaders, including Boards and C-Suites in the banking, capital markets, wealth, asset management and insurance sectors and is widely acknowledged for its deep domain and consulting expertise, risk and regulatory offerings and thought leadership around key industry technology challenges and opportunities. In addition, Capco services clients in the energy and commodities trading sector. Capco has an experienced executive team and over 5,000 world-class business and technology consultants based across more than 30 global locations supporting clients through their expert insights, entrepreneurial approach and focus on delivery excellence. This acquisition will make Wipro… continue reading

Continue reading Wipro to acquire Capco, a global management and technology consultancy to banking and financial services industry, for $ 1.45 billion. This article appeared first on CTRM Center.

Source: CTRM Center

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