Everest Group assesses 31 leading providers in the Open Banking IT Services PEAK Matrix® Assessment 2024 and Wipro is pleased to be recognized as a Leader.

Wipro aims to create a unified, client-centric experience through industry-changing innovation, digital transformation, and integrated solutions. With a focus on open banking, Wipro delivers end-to-end capabilities, fosters trust-based client relationships, and drives growth with agility and diversity, all while upholding strong values and a commitment to sustainability.

“Wipro has harnessed generative AI to enhance its API documentation and schema validation processes,” says Pranati Dave, Practice Director, Everest Group. “Significant investments in Wipro Ventures and strategic acquisitions such as Capco, alongside partnerships with leading FinTechs such as Mambu and Modulr, have enhanced their open banking services. This strategic approach, combined with the innovative Open X platform featuring self-healing APIs and advanced analytics, have helped Wipro earn a Leader recognition on Everest Group’s Open Banking IT Services PEAK Matrix® Assessment 2024.”

Wipro Positioned as a Leader in Everest Group Open Banking IT Services PEAK Matrix® Assessment 2024

Wipro's Key Strengths Listed in the Everest Group Open Banking IT Services PEAK Matrix® Assessment 2024

  • Leveraged generative Al to enhance API documentation and schema validation processes, including failure and log analytics, and design validation
  • Collaborated with environmental sustainability platforms such as Cogo, applying open banking data for carbon footprint tracking
  • Wipro's Open X platform embodies an Al-first approach, integrating Al across API management, featuring self-healing APIs and advanced analytics capabilities
  • Significant investment in Wipro Ventures and strategic acquisitions such as Capco and Topcoder, along with partnerships with FinTechs such as Mambu and Modulr, strengthens its open banking services
  • Demonstrated strong product engineering through co-innovation labs and partnerships, rapidly transforming concepts into prototypes and new service offerings, and co-funding new open banking products with banks
Wipro Positioned as a Leader in Everest Group Open Banking IT Services PEAK Matrix® Assessment 2024