Wipro Ltd.

Wipro has launched a new Middle East financial services advisory capability. Capco, a Wipro company, will offer strategic management and technology consulting capabilities to financial services firms in the Middle East to enable their transformation, digitization, and business consolidation initiatives.

Regional macroeconomic trends, including diversification from a petrodollar economy, are driving significant investment in financial services, with a focus on digital innovation, neobanking, post-merger integration and core large-scale transformations. Against this backdrop of change, consulting spend in the Gulf Cooperation Council (GCC) region reached USD 3.3 billion in 2022 - of which financial services accounted for some 30% - and is expected to grow by 30 % year on year in the near term. Given its expertise in successfully driving transformation programs for tier one financial institutions globally, Capco is well positioned to tap into the growth opportunities in the region.

Wipro is a leading global information technology, consulting and business process services company.