Wipro's Wealth Management Solutions and Investment Banking practices are structured around the theme of propelling business transformation through scalable, flexible and rationalized IT infrastructure and support.
We enable our Investment Banking partners in their critical needs of consulting and development in addition to helping them in their business critical 'change the bank' initiatives. We transform the Investment Banking IT to support their critical segments and service needs. Our novel approach of managed services and BPO/KPO integration with IT enables better synergies and significant cost savings, making Asset Management, Private Equity, Hedge Fund Services, Private Wealth Management etc. easy to manage.
As an industry leader, our deep domain expertise and product knowledge is backed by our Centers of Excellence (CoEs) which comprise of over 200 domain consultants and business analysts. With a comprehensive domain assurance and product knowledge acquisition frameworks, we ensure that we deliver real business value to our clients.
We offer business critical solutions across all segments of Wealth Management and Investment Banking in the areas of:
- Front office applications: Sales/Deal Support Applications, Order Management Systems, exchange connectivity, customer on-boarding and trade floor support
- Middle office: Risk Management, Collateral Management, Margin Computation and Process, P&L Generation for traders and position management
- Back office: Trade enrichment, Trade confirmation and affirmation, settlement notification, settlement instruction submission, breaks management, payment and reconciliation, and regulatory reporting
- Back Office Accounting: General Ledger, Balance sheet, enterprise wide risk reporting, depository management and compliance, Corporate action processing
- Asset Servicing: Cash equity, Fixed Income, Derivatives, Structured products, Futures and Options, and Credit Derivatives
- Market and Logistics: Market Data Management, Reference Data Management, Price Feed Handling and enterprise wide asset servicing database management
Our advisory services aim to assist our partners in their transformational journey that include enterprise wide market and static data management, corporate action and complex event processing, building multi-class trading systems, exchange connectivity, algorithmic trading, dark pool connectivity, multi-market infrastructure management, settlement engines, internal compliance, risk management, regulatory compliance and global accounting platform.
We service global leaders in Investment Banking, Asset Management, Wealth Management, Private Equity and Hedge Fund Service providers. We work with the top six investment banks, top four asset managers, top two structured product service providers and top three wealth managers, globally. In addition to the IT service, Wipro leads in business process outsourcing as well. We manage critical processes such as, trade confirmation, affirmation, settlement, corporate action and reconciliation process.
Wipro's experience in Investment Banking includes:
- Research portal for a large investment bank to enable the analyst to manage the review process
- Order management system that supports multi-asset class trading for a global financial services conglomerate
- Portfolio analytics, risk application and collateral evaluation application for a large investment bank
- Trade confirmation, settlement and regulatory application for a large investment bank
- Management of data infrastructure, corporate actions processing and exchange connectivity for another large investment bank.