Wipro and the London Stock Exchange Group (LSEG) have formed a strategic partnership to provide financial services firms access to an enterprise reconciliation utility without their need for capital investments.
A Wipro press statement said such access will be to a hosted, end-t o-end reconciliation utility using LSEG's Una Vista platform for the financial services industry.
Una Vista is a global hosted platform for all matching and reconciliation needs and enables firms to reduce operational and regulatory risks.
Hosting of the solution will be in London Stock Exchange's regulated data centres even as Wipro will deliver the services worldwide on a "pay-as-you-go" pricing model.
Wipro is based in Bangalore, India and is a provider of IT consultancy and stems integration services.
The London Stock Exchange Group is based in London and is a stock exchange and financial information services company.
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