Following the transition to a new operating model, Opus Capital Markets Consultants, LLC, a Wipro Company, has been fully integrated with Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company and is now Wipro Opus Risk Solutions LLC.
The newly formed company will continue to provide risk management, capital markets and compliance services.
"We will have the same dedication and commitment to existing and new clients," said Peter Butler, executive managing director of digital operations and platforms for Wipro Opus. "We now can provide more value and resources as we become a part of a bigger brand and community. Combining Wipro's offerings with Wipro Opus Risk Solutions' capabilities and knowledge base creates an end-to-end offering for all mortgage players."
Wipro purchased Opus in 2014, and as a renowned global brand, Wipro connected Opus' products, services and solutions to new markets, increased brand awareness and unlocked new business opportunities.
"We are excited for the advantages this new operating model will bring," said Chris Guidici, managing director of sales for Wipro Opus. "Together, as one Wipro organization, we are confident that we will be able to bring more innovative thinking and a bolder approach to our partnerships."
Shares of WIPRO LTD. was last trading in BSE at Rs.508.25 as compared to the previous close of Rs. 499.65. The total number of shares traded during the day was 233409 in over 4118 trades.
The stock hit an intraday high of Rs. 514.75 and intraday low of 501.75. The net turnover during the day was Rs. 119019082.