Investment Banking & BrokeragesWith more than a 10-year track record of working with some of the best players in the brokerage and investment banking space, Wipro has gained strong expertise across the full range of diverse functions in back-office, middle-office and front-office. Backed by a strong domain team that understands the investment banking community’s requirements, Wipro has consistently delivered user friendly, efficient solutions across the globe.

Wipro’s services and solutions have enabled brokerages across the world to achieve straight through processing. Wipro also provides system integration and customization services for third party products. The last few years has seen internet brokerage growing at a rapid pace, making it a challenge for any brokerage firm to offer integrated services on the net. Wipro can help in transitioning to a web based anytime anywhere platform smoothly, by either building new solutions or web-enabling the existing solution or customizing a third party product.

Brokerages & investment banks can also leverage Wipro’s expertise in the following financial technology areas:

• XML, FPML, XBRL support
• Financial reporting
• Reference data support
• Multi lingual support

Key Offerings in Investment Banking & Brokerage

Order

• Order management including best execution
• Order routing to multiple exchanges, using multiple delivery channels and connectivity options such as SWIFT, FIX
• Quotes
• Position tracking

Trade

• Pricing
• Reconciliation
• Trade enrichment
• Risk management and compliance
• Reference data
• Matching

Settlement

• Trade confirmation & clearing
• Securities lending
• Netting & valuation
• Settlement & accounting
• Depository & custody services

Accounting, Compliance and Reporting

• GL accounting and reporting
• Client service portals, analytics & research
• Regulatory compliance
• Surveillance
• Financial, regulatory & client reporting

Investment Banking

• Mergers & acquisitions
• Loan syndication
• Deal structuring & private placements
• Equity research
• Market & credit risk management
• Forex management

Brokerages & Investment Banking

Front Office

• Order management
• Order routing
• Quotes
• Position tracking
• Pricing
• Reference data
• Order matching
• Client service portal
• Regulatory compliance 
• Mergers & acquisitions
• Loan syndication
• Deal structuring
• Private placements
• Equity research

Middle Office

• Position tracking
• Risk management and compliance
• Reference data
• Regulatory compliance
• Market & credit risk management
• Surveillance
• Reconciliations

Back Office

• Reconciliation
• Trade enrichment
• Trade matching
• Trade confirmation & clearing
• Securities lending & processing
• Netting & valuation
• Settlement & accounting
• Depository & custody services
• Financial, regulatory & client reporting
• GL accounting & reporting
• Reference data  management
• Regulatory compliance