Wipro, LSE Grp partner for reconciliation solution

Written By Unknown on Rabu, 09 Juli 2014 | 23.25

The solution will be hosted in London Stock Exchange's secure and regulated data centres and delivered to customers leveraging Wipro's global service delivery capabilities, a statement said.

Country's third largest software services firm  Wipro has partnered London Stock Exchange Group (LSEG) to provide a hosted, end-to-end reconciliation solution for the financial services industry.

The solution will be hosted in London Stock Exchange's secure and regulated data centres and delivered to customers leveraging Wipro's global service delivery capabilities, a statement said.

"The Wipro-LSEG reconciliation utility is designed to eliminate the needs for firms to invest in technology, people and processes for their current and future reconciliation needs," Wipro BPO Chief Executive Manoj Punja said.

The utility offers banks the potential of moving all reconciliation activity onto a single platform with round-the-clock operations processing support, with zero infrastructure requirement, he added.

The solutions will offer financial firms end-to-end reconciliation services, while significantly reducing cost of ownership for customers as well as operational and regulatory risk.

Besides, the joint offering will help financial services firms access an enterprise reconciliation utility without making any capital investment.

"The utility is flexible to customers needs and can incorporate new business and regulatory processes quickly and efficiently when they arise," LSEG Head Product Management, Information Services, Mark Husler said.

Wipro stock price

On July 09, 2014, Wipro closed at Rs 543.10, down Rs 7.55, or 1.37 percent. The 52-week high of the share was Rs 610.50 and the 52-week low was Rs 360.00.


The company's trailing 12-month (TTM) EPS was at Rs 29.68 per share as per the quarter ended March 2014. The stock's price-to-earnings (P/E) ratio was 18.3. The latest book value of the company is Rs 118.98 per share. At current value, the price-to-book value of the company is 4.56.


Anda sedang membaca artikel tentang

Wipro, LSE Grp partner for reconciliation solution

Dengan url

http://gayafashionshow.blogspot.com/2014/07/wipro-lse-grp-partner-for.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

Wipro, LSE Grp partner for reconciliation solution

namun jangan lupa untuk meletakkan link

Wipro, LSE Grp partner for reconciliation solution

sebagai sumbernya

0 komentar:

Posting Komentar

techieblogger.com Techie Blogger Techie Blogger