Vendor Analysis
published on May 23, 2024
Report Overview:
This NelsonHall vendor assessment analyzes Wipro's offerings and capabilities in wealth and asset management services
Who is this Report for:
NelsonHall’s ‘Transforming Wealth and Asset Management Services’ profile on Wipro is a comprehensive assessment of Wipro’s offerings and capabilities for the wealth and asset management sector, designed for:
- Sourcing managers monitoring the capabilities of existing suppliers of technology and operational services and identifying vendor suitability for wealth and asset management services in RFPs
- Vendor marketing, sales, and business managers looking to benchmark themselves against their peers
- Financial analysts and investors specializing in the support services sector.
Scope of this Report:
The report provides a comprehensive and objective analysis of Wipro’s BFS-focused wealth and asset management service offerings and capabilities and market and financial strength, including:
- Identification of the company’s strategy, offerings, and new developments
- Analysis of the company’s strengths, weaknesses, and outlook
- Revenue estimates
- Analysis of the profile of the company’s customer base including the company’s targeting strategy and examples of current contracts
- Analysis of the company’s offerings and Wipro service components
- Analysis of the company’s delivery organization including the location of delivery centers.
Key Findings & Highlights:
Wipro has been providing services to the W&A industry since the mid-1990s. It has steadily expanded its service offerings to the industry over that time. In 2021, it acquired Capco, a technology consulting firm, and implemented its services to the BFSI industry. The Capco acquisition enabled Wipro to pursue high-value technology consulting services focused on transforming operations. Each firm's clients had little overlap, enabling Wipro to pursue cross-sell and upsell opportunities.
Today, Wipro is focusing on delivering technology transformational engagements to W&A clients. Specific areas of focus include:
- Legacy modernization
- Technology simplification
- Microservices/APIs architecture
- Cloud adoption and SaaS delivery
- Data QC and governance
- Solution development using Agile and DevOps techniques.