Wipro said that it has extended its agreement with Crédit Agricole CIB, the corporate and investment banking division of France-based Crédit Agricole Group, to drive the latter’s next stage of growth.

According to the Indian IT services provider, the engagement builds on the decade-long relationship it has with Crédit Agricole CIB.

Pierre Dulon — Crédit Agricole CIB Deputy CEO and Head of IT and Operations Services said: “Wipro shares our vision of the role technology transformation will play in the corporate and investment banking sector, where efficiency, sustainability and innovation will be drivers of success.

“To realize this vision, we needed a dependable partner who has the strategic insight to co-create solutions to enhance our business agility. Wipro has proven itself to be that partner over the past ten years and will help us prepare for the next stage of our growth.”

Under the extended agreement, Wipro will provide Crédit Agricole CIB with a larger team of its experts who will operate a strong and secure infrastructure.

Wipro will help Crédit Agricole CIB to adapt the latest cloud technologies and agile practices to enable the latter introduce new products and services faster to the market, enhance client satisfaction, as well as unlock new value streams.

Thierry Delaporte — CEO and Managing Director of Wipro said: “This new agreement is an affirmation of our strong relationship with Crédit Agricole CIB. We remain committed to strengthening it and advancing their ongoing transformation.

“Under the leadership of Graziella Neuvéglise, Wipro’s Regional Head for Southern Europe, we will continue to invest in capabilities that will help us deliver higher value, and greater innovation to Crédit Agricole CIB, efficiently and sustainably.”

  Banking industry news, business agility, Crédit Agricole, Crédit Agricole CIB, Crédit Agricole Group, France, investment banking, Pierre Dulon, Thierry Delaporte, Wipro