Wipro Named a Leader in Everest Group’s Asset and Wealth Management IT Services PEAK Matrix Assessment 2023

Integrated offerings from Wipro and Capco were recognized for their responsiveness to client needs and industry expertise.

Everest Group evaluated 29 providers in 2023 for their Asset and Wealth Management IT Services PEAK Matrix Assessment. The assessment is critically timed as the industry continues to adapt rapidly to meet the evolving demands of clients, employees and advisors. Wipro was named a Leader in the 2023 assessment.

“Strong IP and frameworks, dedicated practices and leadership for Asset & Wealth Management (AWM) client segments, and focus on context aware GTM for different client types have supported in bolstering Wipro’s market positioning in the AWM space,” said Aaditya Jain, Vice President, Everest Group. “A strong Wipro and Capco integrated story and appreciation from clients around price competitiveness, high responsiveness during engagements, and the ability to provide the right resources and talent have helped the firm to earn a Leader recognition on Everest Group’s Asset and Wealth Management IT Services PEAK Matrix® Assessment 2023.”

In its 2023 assessment of Asset and Wealth Management IT Services firms, Everest Group said Wipro demonstrated the following key strengths:

• Proof points of supporting diverse AWM client segments across multiple value-chain elements backed by its key partnerships and capabilities such as Charles River, SimCorp, InvestCloud, Calypso, Murex, and Finastra.
• Dedicated practices and leadership for asset management and wealth management, which extensively focus on identifying the key business and technology demand themes for different client segments (within AWM) and varied regions – leading to a context-aware GTM.
• Integrated deal wins in the AWM space (from strategy to execution to operations) backed by the Capco acquisition.
• Strong IP and frameworks such as Wealth business data model, Recon tool for trade data, Life Plus, and Trade replay and reconciliation tool.
• Client appreciation for Wipro’s competitive pricing, high responsiveness, and ability to provide the right resources and talent.