Wipro and ASG Technologies, today announced an expanded partnership that integrates the offerings of Wipro’s Data Management Centre of Excellence (CoE) with ASG’s Enterprise Data Intelligence solution to improve compliance for the global financial services companies.
A host of regulations, such as the Basel Committee on Banking Supervision (BCBS) 239, aim to bolster the risk data aggregation capabilities and internal risk reporting practices of banks, and are driving technology spending in the financial risk and compliance domain.
ASG’s Enterprise Data Intelligence solution addresses compliance by providing an end-to-end view of an organization’s information estate to improve data visibility, analysis and understanding. Wipro’s service offering ensures that data is reported in a reliable and consistent manner across the business. As a result, global businesses in the financial services sector can respond to compliance requests in a timely manner and with confidence in the accuracy of their data.
“The demand of ever-expanding regulations and its economic impact drive businesses to focus on compliant information governance and transparent data management,” said Charles Sansbury, President and Chief Executive Officer, ASG Technologies. “Combining the deep domain knowledge of Wipro’s risk and compliance domain team with our powerful data lineage tool will deliver an exceptional solution for major financial institutions as they address their regulatory challenges.”