Wipro renews IT transformation deal with France-based Crédit Agricole

Bengaluru: Wipro has extended its strategic agreement with Crédit Agricole CIB--the corporate and investment bank division of the French financial services group-- to fuel Crédit Agricole CIB’s next stage of growth, the company said on Tuesday.
Wipro will enable Crédit Agricole CIB to adopt cloud technologies and agile practices allowing it to achieve faster speed-to-market on new products and services, improving client satisfaction and unlocking new revenue streams, according to an exchange filing.

“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,” said Thierry Delaporte, CEO and managing Director of Wipro.

“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. 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,” said Pierre Dulon, Deputy CEO and Head of IT and Operations Services, Crédit Agricole CIB.

The engagement builds on Crédit Agricole CIB and Wipro’s decade-long relationship and will provide the bank with a larger team of Wipro experts who will operate a robust and secure infrastructure.