DEBUG: PAGE=domain, TITLE=Banking Automation,ID=1586,TEMPLATE=subprogram
toggle expanded view
programcode = BANBKA
programid = 320
database = f
alerts = t
neat = t
vendors = t
forecasting = f
confidence = f
definitions = f

Search within: Banking Automation:

action=something else...array(7) { ["program"]=> int(320) ["analyst"]=> int(-1) ["industry"]=> int(-1) ["serviceline"]=> int(-1) ["vendor"]=> int(-1) ["country"]=> int(-1) ["application"]=> int(-1) } array(2) { ["post_url"]=> string(97) "/sourcing-expertise/banking-operations-and-transformation/banking-automation/?avpage-views=search" ["program"]=> string(3) "320" }
from:
until:

Access our analyst expertise:

Only NelsonHall clients who are logged in have access to our analysts and advisors for their expert advice and opinion.

To find out more about how NelsonHall's analysts and sourcing advisors can assist you with your strategy and engagements, please contact our sales department here.

Subscribe to blogs & alerts:

manage email alerts using the form below, in order to be notified via email whenever we publish new content:

has Database = f has Confidence = f -- IGNORED

Wipro– Digital Bank Transformation

Vendor Analysis

by Andy Efstathiou

published on Nov 27, 2019

Access to this report is restricted to logged in clients with access. Login to get full access

Report Overview:

This NelsonHall assessment analyzes Wipro's offerings and capabilities in Digital Bank Transformation. 

Who is this Report for:

NelsonHall’s Digital Banking Services Vendor Assessment for Wipro is a comprehensive assessment of Wipro’s Digital Banking Services offerings and capabilities designed for:

  • Sourcing managers monitoring the capabilities of existing suppliers of capital market process outsourcing and identifying vendor suitability for Digital Banking Services 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 Digital Banking services offerings, capabilities, and market and financial strength, including:

  • Identification of the company’s strategy, emphases 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 key service components
  • Analysis of the company’s delivery organization including the location of delivery locations.

Key Findings & Highlights:

Wipro began developing its digital banking capabilities in 2009/2010 with an engagement for a bank that had just recently been spun out of a large industrial company. The bank had started many decades previously as the finance arm for its parent’s products. After the spin-out, the bank wanted to rebrand itself and enable new offerings for its customers. The initial engagement with Wipro was to enable online account acquisition. 

In mid-2014, Wipro implemented its first RPA deployment at a financial services client. Wipro deployed complete automation and an RPA COE Process assessment and Simplification led Automation team, which has scaled up to more than 150+ bots over time.

In late 2015, Wipro implemented its first AI deployment at a banking client. The bank requested a KYC POC. Wipro deployed several POCs at this time. In January 2016, the KYC offering was put into full production in this client, and thereafter, the KYC offering has been deployed at more than four banking clients globally.

Table of contents:

Table of contents:

  • Background
  • Revenue Summary
  • Key Offerings
  • Delivery Capability and Partnerships
  • Target Markets
  • Strategy
  • Strengths and Challenges
  • Outlook

Login to get full access:

close