São Paulo, Brazil, New Jersey, USA and Bangalore, India – September 23, 2019:
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced the successful launch of the first phase of noomis™️, the new online platform of FEBRABAN, an industry association that represents the financial services sector in Brazil. FEBRABAN also organizes CIAB, an information technology trade show for financial services in Latin America.
noomis™ will serve as a meeting point and a discussion platform for the finance professionals in Brazil who participate in CIAB FEBRABAN. Built with digital cloud technologies, the platform is envisaged to change the way companies collaborate and share information. noomis™ will provide reliable, analytical, and unbiased information via news reports, blogs, videos, and newsletters that will enable participants to stay up to date on financial market trends.
Wipro has partnered with FEBRABAN on this project development journey, which has so far included the design and delivery of the first phase of the online platform. The company was also responsible for creation of workflows and the editorial publisher module for content management in the platform.
Mukund Seetharaman, Vice President and Head - Latin America, Wipro Limited says, “Innovation is a big differentiator, and noomis™ ️differentiates FEBRABAN by bringing together the financial industry to collaborate, exchange ideas and catch up on industry news. We are pleased to work closely with FEBRABAN to provide digital solutions for quick issue resolution and improve customer experience. Our deep expertise and experience in working with global financial institutions will help us provide best-in-class services to the Brazilian banking industry.”
According to Gustavo Fosse, Sector Director of Technology and Banking Automation of FEBRABAN and member of the CIAB Council noomisTM , “noomisTM is a great technological innovation for the financial services sector in Brazil. It will help bring together key professionals and companies, offer them a place to interact, learn and collaborate all through the year.”
Wipro has a significant presence in Latin America with offices across five countries in the region - Argentina, Brazil, Chile, Colombia, and Mexico. In Brazil, Wipro has been delivering value for over a decade through local delivery centers. Wipro has some of the largest enterprises as its clients and is expanding its presence in the country’s Banking, Financial Services, Energy, Mining, Consumer, Retail and Manufacturing industries.
About Wipro Limited
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adapt to the digital world and make them successful. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have over 170,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.
Media Contact:
Shraboni Banerjee
Wipro Limited
Forward-looking and Cautionary Statements
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property, and general economic conditions affecting our business and industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.
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