Wipro has said it would develop an online platform, noomis, for the financial services industry in Brazil. The Bengaluru-based software services provider has tied up with Febraban, an industry body representing the Latin American country’s financial services industry.
FEBRABAN also organizes CIAB, an information technology trade show for financial services in Latin America. Noomis will serve as a meeting point and a discussion platform for the finance professionals in Brazil who participate in CIAB FEBRABAN.
Built with digital cloud technologies, the platform is envisaged to change the way companies collaborate and share information. Noomis will provide reliable, analytical, and unbiased information via news reports, biogs, videos, and newsletters that will enable participants to stay up to date on financial market trends.
At 1150 AM on the National Stock Exchange, Wipro shares traded 1% higher at Rs241.50. The broader benchmark index, the NSE Nifty50, was down 0.4% at 11,548.70.
Wipro said the project development would include design and delivery of the first phase of the online platform. The company would also be responsible for creation of workflows and the editorial publisher module for content management in the platform.
Wipro has a significant presence in Latin America with offices across five countries in the region — Argentina, Brazil, Chile, Colombia, and Mexico. In Brazil, Wipro has had local delivery centers for more than a decade. It has some of the largest enterprises as its clients and is expanding its presence in the country’s banking, financial services, energy, mining, consumer, retail and manufacturing industries.