Lending

Leverage lending best practices to stay nimble, address risk and expand your customer base

Lending practices are undergoing a transformation, forcing banks to rethink their competitive strategies. Financial sector deregulation, product innovation and globalization have increased competition and improved the supply of credit, leading to higher risk and hence the need for better controls. Change in the technology landscape, customer preferences and innovation in leveraging non-traditional channels to approach customers effectively are rewriting the banking landscape.

The key to managing this change is a focused vision aimed at effectively reaching, servicing, retaining and expanding the end customer base while reducing costs year on year. Banks must build and enrich their customer relationships, leveraging technology to automate and simplify support processes in order to achieve their objectives.

Wipro has partnered with clients across geographies to offer technology, process and consulting solutions across the value chain of consumer and commercial lending/ leasing. Our large pool of consultants equipped with relevant certifications and having participated in multiple domain intensive engagements ensure that we constantly build upon our strong credentials in lending. Wipro’s own loan origination product offering from the Wipro Gallagher Solutions (WGS) stable, i.e. NetOxygen with multiple installations across the globe as well as our strong technology and process partnerships provide our clients with a significant competitive edge.

Financial institutions have benefitted by leveraging our lending services that include:

• Consulting Services
• Business Technology Solutions
• Application Development/ Services
• Wipro Gallagher Offerings
• BPO Services
• Enterprise Application Services
• Business Application Services