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Wipro to acquire cloud company Encore theme technologies

October 29, 2020

Wipro to acquire cloud company Encore theme technologies

Wipro Ltd said it has consented to an authoritative arrangement to obtain Encore Theme Technologies Pvt. Ltd, a master in giving programming as-a-administration (SaaS) and cloud arrangements in budgetary administrations. The securing will shut in the quarter finishing 31 December, 2020.

Over the previous decade, Chennai-settled Encore Theme has zeroed in on actualizing an expansive set-up of exchange account arrangements, created by Finastra, one of the world’s biggest fintechs, to budgetary establishments over the Middle East, Africa, India and Asia Pacific.

“Money related organizations are for the most part hoping to modernize their exchange stages and spotlight on the start to finish digitalization of business schedules. Exchange Finance is a solid income age stream with a significant expense base structure, where innovation will have a major influence in driving future development. Wipro, a worldwide vital accomplice of Finastra, and Encore Theme will together empower this modernization for monetary establishments,” Wipro said in an announcement.

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