IT services major Wipro said that it has launched Capco, a new advisory capability for financial services in India.

Capco is expected to complement the company’s footprint in the Indian financial services sector via its business in Mumbai to jointly provide end-to-end transformation services for the industry.

Lance Levy — Capco CEO and Wipro Financial Services business Executive Sponsor said: “I am delighted to introduce Capco’s financial services advisory capability in India. We will combine our deep domain expertise around digital banking and insurance, data and cloud transformation, intelligent automation, and cybersecurity together with Wipro’s scale and extensive delivery to offer a fresh and dynamic, end-to-end, transformational experience for our most important clients.”

By partnering with Wipro, Capco will provide Indian financial services firms embarking on their digitization journey with strategic advisory and consulting capabilities. In this regard, Capco will utilize Wipro’s presence in India along with its relationships, scale, and know-how in offering a wide-ranging suite of digital transformation services.

Anis Chenchah — Wipro Asia Pacific, Middle East, and Africa (APMEA) CEO said: “Capco’s financial services consulting expertise in India aims to accelerate our clients’ end-to-end transformation journeys. I am confident that the joint forces of Wipro and Capco will play an important role in the industry’s next phase of innovation.

“It enriches our full spectrum of capabilities, ensuring we are well positioned to help our clients realize their growth ambitions.”

  Anis Chenchah, Capco, digital transformation, India, Lance Levy, Mumbai