Case Study: a UK-based financial services group achieves £1.7 billion in annual cost savings with Wipro

Wipro is helping a UK-based financial services group realize its goal of over £1.7 billion annual cost savings by 2014

Wipro partnered with a UK-based financial services group to help it realize substantial annual cost savings. The bank's primary challenges were to improve operational efficiency, enhance customer service, and reduce complexity through a comprehensive enterprise-wide simplification program.

Wipro implemented a multi-faceted simplification solution, becoming the bank's primary partner for infrastructure, applications, process, and data. Their work included streamlining operations with process automation, optimizing the supplier base, and migrating products to digital channels. This solution from Wipro was central to helping the bank move towards its goal of achieving over £1.7 billion in annual cost savings by 2014.