At Wipro, we understand the challenges faced by financial institutions when it comes to risk management, compliance, and accounting. That's why we have developed the LIBRO Solution Framework, a comprehensive platform that empowers financial institutions to streamline their processes and gain valuable insights from data-driven analytics.
Key Capabilities of LIBRO Solution Framework
Unified Foundation for Risk and Finance: LIBRO provides a unified platform that integrates risk and finance systems, eliminating the lack of integration between transaction systems, risk, and finance. This ensures seamless data flow and enables efficient decision-making.
Streamlined Financial Accounting: With LIBRO, financial institutions can say goodbye to manual controlling, processing, recording, and correcting processes. Our solution automates these tasks, reducing delays and opening up new financial opportunities.
Integrated Finance Planning/Forecasting: LIBRO enables financial institutions to enhance their planning and forecasting capabilities. By providing a consolidated view of data and end-to-end drill-down capability, LIBRO empowers agile decision-making and improves transparency in P&L, cost, and risk.
Agile and Accurate Regulatory Compliance: LIBRO ensures that financial institutions stay compliant with regulations by offering an agile and accurate compliance system. Our solution reduces data duplication risk, minimizes errors, accelerates reconciliation, and facilitates the adoption of new compliance requirements.