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Wipro to Acquire Viteos Group for $130 Million

January 6, 2016 by Louis Chunovic

Wipro Ltd., a Bangalore, India-based IT management, consulting and business process services (BPS) company, reports that it has agreed to acquire Viteos Group, a business-process-as-a-service (BPaaS) provider for the alternative investment management industry. The acquisition is meant to add the buy-side capabilities of Viteos to Wipro’s existing sell-side credentials, according to a Wipro statement. Viteos,… Read More >>

Filed Under: Derivatives Operations, Collateral & Margin Management, Securities Operations, Buy-Side, Mergers & Acquisitions, Middle-Office, Reconciliation & Exceptions, FinTech Trends, Regulatory Compliance, Industry News Tagged With: aquisition, collateral management, fintech, post-trade operations, reconciliation, settlement, Viteos, Wipro

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