Vendor Analysis
published on Jan 19, 2018
Report Overview:
This NelsonHall assessment analyzes Wipro's offerings and capabilities in W&A operations services. Wipro is one of a number of W&A operations services companies analyzed in NelsonHall’s comprehensive industry analysis programs.
Who is this Report for:
NelsonHall’s Next Generation Wealth and Asset (W&A) Management Operations Services Vendor Assessment for Wipro is a comprehensive assessment of Wipro’s Next Generation W&A services offerings and capabilities designed for:
- Sourcing managers monitoring the capabilities of existing suppliers of capital market process outsourcing and identifying vendor suitability for W&A 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 Wipro’s W&A operations 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 has provided IT services to capital markets firms, including asset and wealth managers, since the mid-1990s. In 2002, Wipro acquired Spectramind to expand its business activities into BPS services. Spectramind had no capital markets BPS business, so Wipro decided to expand the BPS services to cover capital markets activities, including asset and wealth management processes, to cross-sell its capital markets clients. In 2006, a major European investment bank awarded a BPS contract to Wipro for the processing of asset clearing and settlements. Over time, Wipro expanded the relationship to include reference data management, corporate actions, exchange traded derivatives processing, asset servicing, and ‘change the bank’ functions.
