Wipro Ltd. (NYSE:WIT), a leading global Information Technology, Consulting and Outsourcing company today announced that it has signed a definitive agreement to acquire Opus CMC (Opus Capital Markets Consultants LLC), one of the leading US-based providers of mortgage due diligence and risk management services for a purchase consideration of USD 75 million that includes a deferred earn-out component.
The use of social media by banks has 'plateaued', with the average spend stuck below EUR500,000 per annum, according to data from Efma and Wipro.
Wipro Technologies, the Global Information Technology, Consulting and Outsourcing business of Wipro Limited (NYSE: WIT), today announced the launch of Wipro SmartOffers - a location based solution for banks, in partnership with Intuition Intelligence.
State Street is to sack 530 IT staff and transfer 320 other tech personnel to IBM and Wipro under an enterprise-wide technology modernisation programme.
Wipro Technologies, the Global Information Technology, Consulting and Outsourcing business of Wipro Limited (NYSE:WIT), has won an engagement with Chaucer Syndicates, a specialist insurer at Lloyd's, the world's leading insurance and reinsurance market, to deliver a data warehouse and associated Extract, transform and load (ETL) solution to ensure compliance to meet the upcoming Lloyd's 10 day reporting and management reporting requirements within Chaucer's Solvency Smart Programme for Solvency II compliance.
Wipro Technologies, the Global Information Technology, Consulting and Outsourcing business of Wipro Limited (NYSE: WIT) will offer system integration services to Wyde Corporation's insurance clients and prospects worldwide under a strategic partnership.
Swiss fintech vendor Temenos has teamed with Indian counterpart Wipro to punt a core banking offering on an application service provider (ASP) model to small European banks.
Wipro Technologies, the Global Consulting, System Integration and Outsourcing Business of Wipro Limited (NYSE:WIT), today announced that it has entered into a relationship with Swift (Society for Worldwide Interbank Financial Telecommunication), the global provider of standardized and secure messaging services to more than 9000 financial institutions in 209 countries and territories.
Citi has signed a deal with Wipro to hand over the ownership, operations and management of its data centre in Dusseldorf, Germany, to the Indian outsourcing giant.
India's Punjab and Sind Bank (PSB) has handed a $21 million ten-year IT integration project to Wipro after dissolving an earlier contract with Satyam Computer Services.
© Finextra Research 2014