Wealth Management

New standards of performance for Wealth and Investment Banks demand technological scale and agility

The complexity of services and products related to wealth management and investment banking has increased considerably. There is a renewed emphasis on minimizing operational and application costs, maximizing revenue and addressing regulatory requirements. New standards of performance are being set for banks without borders.

What, until some years ago, was perceived as a cost – ex: regulatory compliances like Basel II – has today become a competitive advantage. There is a proliferation of unstructured data, both internal and external, that is being leveraged by early movers using analytics to build business intelligence. These and other transformational changes are forcing the banking business to adopt a strategy that includes both, scale and agility.

Wipro's Wealth Management Solutions and Investment Banking practices are structured to deliver the conflicting demands of scale and agility around IT strategy, infrastructure and support. As a strategic partner for the Top 5 Global Wealth Managers and the Top 4 Global Investment Banks, Wipro has built proven and rugged solutions in the areas of Front Office applications, Middle Office management, Back Office management and support, Back Office accounting, Asset Servicing and Market and Logistics management. Our advisory services have assisted our partners manage enterprise wide market and static data, corporate action and complex event processing, build multi-class trading systems, exchange connectivity, algorithmic trading, dark pool connectivity, multi-market infrastructure management, settlement engines, internal compliance, risk management, regulatory compliance, etc. Wipro’s extremely mature relationships with customers, some of which are 15 years old, validate the high level of satisfaction it has delivered, making it a partner of choice.