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IBPS Bank PO and Clerk Exam Preparation
IBPS Bank PO and Clerk Exam Preparation
IBPS Bank PO and Clerk Exam Preparation
IBPS Clerk
IBPS Bank PO and Clerk Exam Preparation
IBPS Bank PO and Clerk Exam Preparation
Railways (RRB) Preparation

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Wipro to acquire Viteos Group for $130 mn in outsourcing push

wipro-logoWipro has said that it will acquire the US-based Viteos Group for USD 130 million (nearly Rs 861 crore). It will help the country’s third-largest IT services firm strengthen its position in the capital markets outsourcing space. Founded in 2003 and headquartered in Somerset, New Jersey, the Viteos Group provides customised straight-through-processing and integrates post-trade operations across every asset class, currency, border or structure for the alternative investment management industry in the US, Europe and Asia.

A leading player in shadow-accounting services, the company offers middle and back-office outsourcing through its over 400 employees. Viteos’ technology-based solutions will bring in non-linear and higher revenue realisation. Read More

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