Case Study: Large Wealth Management Firm achieves 70% IT spend reduction with Wipro

Wealth Management Firm Brings Business Operations for 30 Regions under a Single Strategic Platform

Large Wealth Management Firm was struggling with 30 booking centers each using its own sales and analytics platform, creating inconsistent data, fragmented processes, and high IT costs. The firm wanted a single strategic platform to standardize reporting, improve business development, and reduce spending across locations, and partnered with Wipro using its analytics and business development solution.

Wipro implemented a unified, scalable single-instance platform that aggregated data from all 30 centers, standardized applications, and added reporting, opportunity tracking, and role-based access for advisors and management. The results included a next-generation analytics and reporting platform for APAC and Europe, support for 40,000+ clients and 52,000+ portfolios, and about a 70% reduction in IT spend, while also lowering operational costs and streamlining wealth management operations.