Wipro completes full integration of Opus Capital Markets Consultants

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Indian IT services company Wipro said that it has fully integrated Opus Capital Markets Consultants following the transition to a new operating model.

The newly formed company, which will operate as Wipro Opus Risk Solutions, will continue to offer risk management, compliance, and capital markets services.

It is a specialized risk management and quality control service provider that caters to participants in the mortgage and consumer lending sector.

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The services of Wipro Opus Risk Solutions include residential and commercial due diligence, valuation, and advisory solutions. Alongside its sister company Wipro Gallagher Solutions, the company will offer a full suite of mortgage solutions.

Wipro completes full integration of Opus Capital Markets Consultants

Wipro completes full integration of Opus Capital Markets Consultants. Photo courtesy of Rameshng/Wikipedia.org.

Peter Butler – executive managing director of digital operations and platforms for Wipro Opus Risk Solutions said: “We will have the same dedication and commitment to existing and new clients.

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“We now can provide more value and resources as we become a part of a bigger brand and community. Combining Wipro’s offerings with Wipro Opus Risk Solutions’ capabilities and knowledge base creates an end-to-end offering for all mortgage players.”

Wipro acquired the Illinois-based Opus Capital Markets Consultants for $75 million in 2014, following which it connected the latter’s products, solutions, and services to new markets, grew its brand awareness, and is said to have unlocked new business opportunities.

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Chris Guidici – managing director of sales for Wipro Opus Risk Solutions said: “We are excited for the advantages this new operating model will bring.

“Together, as one Wipro organization, we are confident that we will be able to bring more innovative thinking and a bolder approach to our partnerships.”

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