Benzinga | Jun 2, 2021 10:16AM EDT

Wipro Unites with Financial Service Software Vendor Finastra to Drive Digital Transformation in Asia-Pacific Banks

* Wipro Ltd (NYSE:WIT) has collaborated with pure-play financial services industry-focused software vendor, Finastra, to fast-track the digital transformation of corporate banks across Asia-Pacific.

* The arrangement will combine Wipro's services catalog with Finastra's front-to-back trade finance and cash management solutions to create a unique offering.

* The partnership continued years of collaboration with Encore Theme Technologies, now part of Wipro to help banks fast-track their digital transformation, Finastra Asia Pacific MD Luc Hovhannessian said.

* The partnership was in line with Wipro's continued efforts to strengthen its presence in Asia-Pacific and drive digital transformation, Wipro's BFSI Domain & Consulting Head Harpreet Arora said.

* Price action: WIT shares are up 0.19% at $8.03 on the last check Wednesday.