Wipro and Microsoft Collaborate to Revolutionize Financial Services with Immersive Innovation Experience

The Innovation Experience will bring together Microsoft Clouds capabilities with Wipro Full Stride Cloud, as well as leverage Wipro’s and Capco’s deep domain expertise in financial services and technology. Together, Microsoft and Wipro will develop new solutions to help financial services market clients accelerate growth and deepen client  management.

The Innovation  will allow financial services firms to explore new solutions in an immersive 3D environment. Solutions currently available as part of the wide range from prevention of financial crime and loan origination to those that help transform core banking systems and maximize cloud investments.

Harpreet Arora, Senior Vice President and Global head of BFSI Domain and Consulting,

Wipro Limited “By combining Microsoft Cloud with Wipro FullStride Cloud’s portfolio and deep financial services expertise, we are uniquely positioned to offer clients transformative solutions to tackle their biggest challenges and deliver tangible business outcomes. This Innovation Experience in partnership with Microsoft will also foster and speed up the collaboration that is necessary to continuously help our clients.”

Bill Borden, Corporate Vice President, Microsoft

“Using Microsoft Cloud for Financial Services, Wipro has delivered a variety of new, innovative solutions that will help financial institutions speed time to value and drive sustainable growth. We’re excited that our joint customers can now test drive them via Wipro’s virtual Industry Innovation Experience for Financial Services.”

Nitish Mittal, Partner, Everest Group

“Financial services enterprises are looking to enhance their industry cloud journey by focusing on expertise for complex domain challenges leveraging platform-based cloud operating models. This Microsoft and Wipro partnership is an evolutionary step in this direction to help financial services clients accelerate their transformation and enhance cloud value realization.”

Solutions currently included in the Innovation Experience as

• Core Banking Transformation – a bundled solution empowering banks to overcome legacy challenges, deliver new capabilities, and realize the benefits of Next Generation banking.
• Intelligent Volume Optimization and Risks Management – an Artificial intelligence-powered anti money laundering solution that helps detect financial crime by making operations more accurate, efficient, and cost-effective to the customer.
• NetOxygen –digital cloud-based loan origination solution that are streamlines the lender/borrower experience, enabling an automated, end-to-end lending process that scales cost effectively, delivering a faster and seamless digital mortgage experience.
• FinOps –Comprehensive cloud operations and management solution that enables banks to capitalize on their cloud investments, drive innovation, optimize the operations and scale product quickly.