Dulon sees technology transformation in the corporate and investment banking sector
Wipro Limited is to fuel the next stage of growth at Crédit Agricole CIB, the corporate and investment bank division of Crédit Agricole Group.
Wipro’s engagement, under the extended agreement, is to build a decade-old relationship with Crédit Agricole CIB and provide the French Bank with a larger team of Wipro experts who will operate a robust and secure infrastructure.
Wipro will enable Crédit Agricole CIB to embrace the latest cloud technologies and agile practices allowing it to achieve faster speed-to-market on new products and services, improving client satisfaction and unlocking new value streams.
Wipro CEO and Managing Director Thierry Delaporte said on 10 May 2022, “This new agreement is an affirmation of our strong relationship with Crédit Agricole CIB. We remain committed to strengthening it and advancing their ongoing transformation.
“Under the leadership of Graziella Neuvéglise, Wipro’s Regional Head for Southern Europe, we will continue to invest in capabilities that will help us deliver higher value, and greater innovation to Crédit Agricole CIB, efficiently and sustainably.”
Pierre Dulon, Deputy CEO and Head of IT and Operations Services, Crédit Agricole CIB, added, “Wipro shares our vision of the role technology transformation will play in the corporate and investment banking sector, where efficiency, sustainability and innovation will be drivers of success.
“To realize this vision, we needed a dependable partner who has the strategic insight to co-create solutions to enhance our business agility. Wipro has proven itself to be that partner over the past ten years and will help us prepare for the next stage of our growth.”
Crédit Agricole CIB offers its large corporate and institutional clients a range of products and services in capital markets activities, investment banking, structured finance, commercial banking and international trade. The French bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients. fiinews.com
