Wipro Ltd.

Wipro, a leading global information technology, consulting and business process services company, has launched ‘enterprise-Know Your Customer (e-KYC)’, an automation solution for global financial institutions, built on the company’s Artificial Intelligence platform ‘Wipro HOLMES’. The solution, being offered as Business-Process-as-a-Service (BPaaS), will address the requirements of banks, insurance companies, brokerage firms and non-banking financial institutions, in a ‘services and outcome based’ business model.

Wipro’s e-KYC solution uses a library of Wipro Holmes bots to automate the manual processes of KYC, such as information aggregation, extraction and verification.  The solution will help clients achieve cost savings upto 35%. It will also enable greater accuracy, improved customer experience and assurance of better quality KYC, in line with regulatory requirements. This solution has been designed around key aspects such as natural interaction, multi-structured information processing, machine learning and reasoning.

Wipro is a leading provider of analytics and information management solutions - enabling customers to derive actionable business insights from data to drive growth, enhance cost management and strengthen risk management.