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Wipro, Finastra join hands to offer digital solutions to corporate banks

September 21, 2022

Wipro, Finastra join hands to offer digital solutions to corporate banks
IT major Wipro Limited and the world’s leading fintech company Finastra on Tuesday announced a partnership in India to help accelerate the digital transformation of corporate banks by deploying Finastra’s leading solutions.

“This partnership combines Wipro’s expertise across consulting, digital, infrastructure and operations with Finastra’s cutting-edge solutions to deliver modern API-enabled platforms for banks to innovate, streamline and digitise core trade finance processes, while reducing cost overheads,” according to a joint statements by Wipro and Finastra.

It added that this multi-year partnership makes Wipro the exclusive implementation and go-to-market partner for all banks in India for Finastra’s Fusion Trade Innovation and Fusion Corporate Channels. Wipro is also one of Finastra’s preferred global partners for its Cash and Liquidity Management solutions.

Satya Easwaran, country head (India) of Wipro, said, “Corporate banks in India are increasingly looking at moving from the traditional manual and offline model to real-time execution, online platforms, and value-added services. With our exclusive partnership with Finastra, we can help our banking clients transform into truly digital platform players in trade and supply chain finance, with the ability to anticipate end-customer needs and respond in a much more agile and flexible manner. We are excited to bring together Wipro’s deep domain expertise in banking with Finastra’s leading product suite.”

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