Wipro Ltd. WIT
today announced that it has signed a definitive agreement to acquire
Viteos Group, a BPaaS provider for the Alternative Investment Management
Industry for a purchase consideration of USD 130 million.
Wipro currently is one of the leading providers of Business Process
Services (BPS) to some of the global investment banks. The company
specializes in Platform-led Transformation and Utility-based Offerings
in Reconciliation, KYC, Settlements, Middle Office, Asset Servicing,
Syndicated Loans and Reference Data Solutions, with coverage across
asset classes. These credentials of Wipro are primarily on the Sell-Side
and this acquisition will add similar
See full press release
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