FinovateSpring 2011 Video Archives >> Wipro Technologies


Website: www.wipro.com/industries/banking
Blog:
blog.wipro.com
HQ Location:
Bangalore, Karnataka, India
Company Founded: 1945
Product Being Demoed: SMB Smart Mobile for Banking
Product Launched: January 2011
Metrics: Over 120,000 employees, USD $5.2B in revenues as of March 2010




Presenter Profile How they describe themselves: Wipro Technologies is a leading Information Technology, Consulting and Outsourcing company that delivers solutions to enable its clients do business better. Wipro Technologies delivers winning business outcomes through its deep industry experience and a 360-degree view of "Business through Technology" – helping clients create successful and adaptive businesses. A company recognized globally for its comprehensive portfolio of services, a practitioner's approach to delivering innovation and an organization wide commitment to sustainability, Wipro Technologies has 120,000 employees and clients across 54 countries. Wipro serves the top 10 Banks, top 4 Insurers, top 2 Brokerages and supports top 5 Investment Bank's business transformation initiatives across the globe.

How they describe their product/innovation: The small & medium business segment has been the most resilient segment for banks even during economic turmoil. But most banks have traditionally underserved the SMB segment by clubbing them with either retail or corporate segments. This has led to suboptimal experience & loss of business. Coupled with need for self-service and higher adoption of Smart Mobile amongst SMB customers, this forms the rationale for Wipro's solution. The solution primarily enables self-service functionality critical to SMB segment on a SmartMobile channel that helps them to save time & money, manage cash flow better and handle administrative tasks with ease. It also enables banks to generate additional fee-based revenues.

Key Executives: Azim H. Premji (Chairman, Wipro Limited), T. K. Kurien (CEO, IT Business & Executive Director, Wipro Limited), Soumitro Ghosh (Sr. Vice President and Head Finance Solutions, Wipro Technologies)

Key Board Members: Azim H. Premji (Chairman, Wipro Ltd.), T. K. Kurien (CEO, IT Business & Executive Director, Wipro Ltd.), Suresh C. Senapaty (Executive Director & CFO, Wipro Ltd.), Ashok S. Ganguly (Independent Director, Wipro Ltd.), B. C. Prabhakar (Independent Director, Wipro Ltd.), Dr. Henning Kagermann (Independent Director, Wipro Ltd.), Jagdish N. Sheth (Independent Director, Wipro Ltd.), N. Vaghul (Independent Director, Wipro Ltd.), P. M. Sinha (Independent Director, Wipro Ltd.), William Arthur Owens (Independent Director, Wipro Ltd.), Shyam Saran (Independent Director, Wipro Ltd.)

Key Investors: Public Limited - Listed as NYSE: WIT

Contacts:
Bus. Dev., Sales: Sushankar Daspal, Practice Head - Banking Channels, Wipro Technologies, sushankar.daspal@wipro.com
Press: Meenu Bagla, BFSI Marketing Head, Wipro Technologies, menu.bagla@wipro.com,
+91-9663304103

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