Wipro Logo
Services Industries Cloud Cybersecurity Digital EngineeringNXT HOLMES Geographies

Service Offerings

Data, Analytics & AI
Applications
Digital Operations and Platforms
Consulting
Infrastructure Services

Client Themes

As a Service
Big Data
Blockchain
Cyber Security & Enterprise Risk
DevOps
Enterprise Ops Transformation
Industry 4.0
Open Source
Product Lifecycle Management
Software Defined Everything

Service Offerings

Data, Analytics & AI
Applications
Digital Operations and Platforms
Consulting
Infrastructure Services

Client Themes

As a Service
Big Data
Blockchain
Cyber Security & Enterprise Risk
DevOps
Enterprise Ops Transformation
Industry 4.0
Open Source
Product Lifecycle Management
Software Defined Everything
Aerospace & Defense
Automotive
Banking
Capital Markets
Communications
Consumer Electronics
Consumer Packaged Goods
Education
Engineering, Construction & Operations
Healthcare
Insurance
Medical Devices
Natural Resources
New Age Markets
New Age & Media
Network & Edge Providers
Oil & Gas
Pharmaceutical & Life Sciences
Platforms & Software Products
Industrial & Process Manufacturing
Professional Services
Public Sector
Retail
Semiconductors
Travel & Transportation
Utilities
Aerospace & Defense
Automotive
Banking
Capital Markets
Communications
Consumer Electronics
Consumer Packaged Goods
Education
Engineering, Construction & Operations
Healthcare
Insurance
Medical Devices
Natural Resources
New Age Markets
New Age & Media
Network & Edge Providers
Oil & Gas
Pharmaceutical & Life Sciences
Platforms & Software Products
Industrial & Process Manufacturing
Professional Services
Public Sector
Retail
Semiconductors
Travel & Transportation
Utilities
Case Study
Latest Thinking
Solutions
Segments
Offerings
videos
Form
Case Study
Latest Thinking
Solutions
Segments
Offerings
videos
Form
Case study
Latest Thinking
Offerings
Solutions
Form
videos
Case study
Latest Thinking
Offerings
Solutions
Form
videos
Case Study
Latest Thinking
Our Partners
News
Events
Join our Team
Get in Touch
Digital
Digital
Case Study
Latest Thinking
Our Partners
News
Events
Join our Team
Get in Touch
Digital
Digital
Latest Thinking
Case Study
Offerings
Segments
Solutions
videos
Form
Latest Thinking
Case Study
Offerings
Segments
Solutions
videos
Form
HOLMES™ and Automation Ecosystem
Latest Thinking
Case study
Solutions
Awards, Recognitions & Media
What makes us Different
What?
Why?
How?
Form
videos
Business
IT
Automation Advisory
Representative Applied AI use cases of HOLMES with ecosystem
Business resilience with Wipro HOLMES™ solutions for pandemic assistance
State of Automation Report 2020
HOLMES™ and Automation Ecosystem
Latest Thinking
Case study
Solutions
Awards, Recognitions & Media
What makes us Different
What?
Why?
How?
Form
videos
Business
IT
Automation Advisory
Representative Applied AI use cases of HOLMES with ecosystem
Business resilience with Wipro HOLMES™ solutions for pandemic assistance
State of Automation Report 2020

Our Global Presence Global Site

Our Showcase Pages Continental Europe View office locations Benelux Nordic France DACH (English  |  Deutsch)
Our Showcase Pages India & Middle East View office locations India Middle East
Our Showcase Pages India View office locations India English
Our Showcase Pages Asia - Pacific View office locations Asean Korea China Australia Japan (English    Japanese) Taiwan
Our Showcase Pages Africa View office locations Africa
Our Showcase Pages United Kingdom & Ireland View office locations United Kingdom & Ireland
Our Showcase Pages Canada View office locations Canada
Our Showcase Pages United States View office locations United States
Our Showcase Pages Latin America View office locations Brazil (English    Portuguese) Latam > Mexico (English    Spanish)

Our Global Presence Global Site

geographies-map.png

Our Showcase Pages Locations

Asean- English
China- English
India- English
Middle East- English
Korea- English
Australia- English
Japan- English
Japan- Japanese
Benelux- English
DACH- English
DACH- Deutsch
France- English
German- English
Nordic Region- English
United Kingdom & Ireland- English
Brazil- English
Brazil- Portuguese
LATAM- English
Mexico- English
Mexico- Spanish
Africa- English
United States- English
Canada- English
< News and Events

Wipro positioned as a Leader in Everest Group BFS Risk and Compliance IT Services PEAK Matrix® Assessment 2020

share icon
Services
Industries
Cloud
Cybersecurity
Digital
EngineeringNXT
HOLMES
Geographies
Contact Us
About Wipro
Careers
Locations
Leadership
Investors
Innovation
News & Events
Blogs
Analyst Speak
Products & Platforms
Partner Ecosystem
Sustainability

Wipro positioned as a Leader in Everest Group BFS Risk and Compliance IT Services PEAK Matrix® Assessment 2020

East Brunswick, New Jersey, USA and Bangalore, India – July 17, 2020: Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it has been positioned as a Leader in Everest Group’s BFS Risk and Compliance IT Services PEAK Matrix® Assessment 2020: Building Cloud-based Data Infrastructure for Intelligent Real-time Controls.

The report evaluated the vision, capability and market impact generated by 26 leading BFS Risk and Compliance IT service providers. This is the second iteration of this assessment and the landscape has evolved dramatically. This can be attributed to the rapid evolution of the regulatory landscape and the step-up in investments for modernization of risk functions with modern data and cloud-enabled tools.

Wipro is well-positioned on account of its investments in solutions focused on areas such as anti-money laundering and fraud management. The variety of case studies, and improvements year over year, shows the depth of work that Wipro has done over the last 18 months. The analyst team recognized the investments in partnerships and joint Go To Market partnerships across geographies.

“BFS enterprises are experiencing unprecedented headwinds due to increasing regulatory pressures, emerging risks, rising cost of compliance, and a re-evaluation of risk appetite, associated data, and reporting systems to comply with government-enforced stimuli. BFS firms need a resilient, scalable, agile, and flexible risk management and regulatory reporting architecture to manage the current situation,” according to Ronak Doshi, Vice President, Everest Group. “In this scenario, Wipro has secured a Leader position on the Everest Group BFS Risk and Compliance IT Services PEAK Matrix® Assessment 2020 due to its meaningful AI-based solutions for risk and compliance, such as anti-money laundering and fraud management via the Wipro HOLMESTM platform; client recognition on account of strong commitment to timelines and senior executive thrust to drive strategic alignment; and sustained expansion of the partnership ecosystem with RegTech firms to strengthen risk management platform capabilities.”

Harpreet Arora - Global Head – Consulting, Strategy & Insights, BFSI, Wipro Limited said, “We have made strategic investments in our Risk and Compliance propositions through a mixed approach of advisory and platform capability, leveraging our experience of industry best practices. This has helped our clients in the financial services sector to look beyond regulatory requirements and digitize the risk and financial crime functions to gain significant competitive advantage. As financial institutions adopt cloud in Risk & Compliance functions, we will help our clients drive their strategic transformation agenda and resultant business outcomes. Our efforts are continuously supported by our deep domain understanding, Wipro HOLMESTM capabilities and best of breed industry platforms”.

To view a custom version of the report, please click here

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 180,000 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:

Nisha Chandrasekaran

Wipro Limited

nisha.chandrasekaran@wipro.com

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. 

© 2021 Wipro Limited
Privacy Statement Disclaimer RSS Feed
© 2021 Wipro Limited
scroll-top.png

Service Offerings

Data, Analytics & AI

Applications

Digital Operations and Platforms

Consulting

Infrastructure Services

Cybersecurity

Industries

Aerospace & Defense

Automotive

Banking

Capital Markets

Communications

Consumer Electronics

Consumer Packaged Goods

Education

Engineering, Construction & Operations

Healthcare

Insurance

Medical Devices

Natural Resources

New Age Markets

New Age & Media

Network & Edge Providers

Oil & Gas

Pharmaceutical & Life Sciences

Platforms & Software Products

Industrial & Process Manufacturing

Professional Services

Public Sector

Retail

Semiconductors

Travel & Transportation

Utilities

Digital

HOLMES

Innovation

Contact Us

About Wipro

Location

Leadership

Investors

News and Events

Blogs

Partner Ecosystem

Careers

Sustainability

X

Contact Wipro

Please fill the required details to access the content

loading.gif