Fragmented approach to compliance and risk management has resulted in many firms to shift their focus towards integrated enterprise risk management instead of the traditional approach. The increasing dynamism and complexity of the modern business environment has put enterprise risk management high on the agenda of many companies, with the objective of earning higher return and the need to stay solvent in short and long terms.
The Wipro Enterprise Risk Management focus group has built deep expertise and key insights into the Risk Management arena. A strong team of domain specialists is well positioned to partner with Investment Banks to take up requirement analysis, development and implementation of Enterprise Risk Management solutions through,
- Domain experience
Wipro has deep domain expertise in different areas of risk management with a team of over 20 domain specialists who have executed projects of availability checking, risk reporting and exposure calculation for market, liquidity, credit and operational risk.
- Regulatory and compliance experience
Wipro has executed projects with Banks to bring compliance costs with various regulations. The bank is required to comply with anti money laundering (AML), SOX, Solvency II, MiFID compliance, etc.
- Client Engagements
Wipro has a wide variety of engagements with different global investment banks for upgrading current suite of risk applications or developing for clients from scratch.