--- title: Wipro to Acquire Encore Theme Technologies Private Limited, a Specialist Finastra Software Partner in Financial Services | ITWeb description: "Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it has signed a definitive agreement to acquire Encore Theme Technologies Private Limited (Encore Theme), a specialist in providing SaaS and Cloud solutions in financial services." --- [![vast.png](https://hubspot.obscuretech.net/hs-fs/hubfs/ObscureLogo-02.png?width=1000&height=354&name=ObscureLogo-02.png "vast.png")](http://www.obscuretech.net) Open main menu Close main menu - [Technology Partners](https://obscuretech-6344971.hs-sites.com/technology-partners) Open the submenu - [BeyondTrust](https://obscuretech-6344971.hs-sites.com/beyondtrust) - [Cybereason](https://obscuretech-6344971.hs-sites.com/cybereason) - [Forescout](https://obscuretech-6344971.hs-sites.com/forescout) - [Gytpol](https://obscuretech-6344971.hs-sites.com/gytpol) - [Netskope](https://obscuretech-6344971.hs-sites.com/netskope) - [OKTA](https://obscuretech-6344971.hs-sites.com/okta) - [OneTrust](https://obscuretech-6344971.hs-sites.com/onetrust) - [Palo Alto Networks](https://obscuretech-6344971.hs-sites.com/palo-alto-networks) - [Pentera](https://obscuretech-6344971.hs-sites.com/pentera) - [Proofpoint](https://obscuretech-6344971.hs-sites.com/proofpoint) - [Radware](https://obscuretech-6344971.hs-sites.com/radware) - [RiskIQ](https://obscuretech-6344971.hs-sites.com/riskiq) - [Rubrik](https://obscuretech-6344971.hs-sites.com/rubrik) - [Splunk](https://obscuretech-6344971.hs-sites.com/splunk) - [Tenable](https://obscuretech-6344971.hs-sites.com/tenable) - [Trend Micro](https://obscuretech-6344971.hs-sites.com/trend-micro) - [Obscure Blog](https://hubspot.obscuretech.net/blog) - [About Us](https://obscuretech-6344971.hs-sites.com/about-us) - [Contact Us](https://obscuretech-6344971.hs-sites.com/contact-us) # Wipro to Acquire Encore Theme Technologies Private Limited, a Specialist Finastra Software Partner in Financial Services [ITWeb](https://hubspot.obscuretech.net/blog/author/itweb) [Share this blog post on Twitter](https://twitter.com/intent/tweet?text=I+found+this+interesting+blog+post&url=https://hubspot.obscuretech.net/blog/office/obscuretechnologies/content/jn1gpvoy5dvmjl6m) [Share this blog post on Facebook](http://www.facebook.com/share.php?u=https://hubspot.obscuretech.net/blog/office/obscuretechnologies/content/jn1gpvoy5dvmjl6m) [Share this blog post on LinkedIn](http://www.linkedin.com/shareArticle?mini=true&url=https://hubspot.obscuretech.net/blog/office/obscuretechnologies/content/jn1gpvoy5dvmjl6m) Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it has signed a definitive agreement to acquire Encore Theme Technologies Private Limited (Encore Theme), a specialist in providing SaaS and Cloud solutions in financial services. Over the past decade, Encore Theme - headquartered in Chennai, India - has focused exclusively on implementing a broad suite of Trade Finance solutions, developed by Finastra, one of the world’s largest fintechs, to financial institutions across the Middle East, Africa, India and Asia Pacific. They have successfully delivered more than 75 large scale Finastra Trade Finance projects for banks across these regions. Financial institutions are all looking to modernize their trade platforms and focus on the end-to-end digitalization of commercial routines. Trade Finance is a strong revenue generation stream with a high cost base structure, where technology will play a big part in driving future growth. Wipro, a global strategic partner of Finastra, and Encore Theme will together enable this modernization for financial institutions. **Angan Guha, Senior Vice President and Global Head, Banking, Financial Services & Insurance, Wipro Limited** said, “We are excited to have the team at Encore Theme join us. They bring a wealth of trade finance product expertise coupled with significant delivery experience of Finastra solutions for both Trade Finance and Cash Management implementations. Together with Wipro’s reach across the region and proven system integration capabilities, this will help strengthen our position as a dominant player across the globe implementing Finastra solutions.” “Our customers and our team are our core strengths. We strongly believe this synergy will enable global reach, add value to all our customers and bring in new opportunities that will accelerate our growth and that of our team. The decision to join Wipro was driven by their core values of trust and respect to people and unyielding integrity in everything they do,” said **R.K. Kanthimathinathan, Founder MD & CEO, Encore Theme Technologies Pvt Ltd.** **Denise Parker, SVP, Partners and Ecosystem at Finastra**, added, “On completion, this move will combine Wipro’s global managed services capabilities with Encore Theme’s deep domain trade and cash management expertise. It will drive value for customers via Finastra’s software, like Fusion Trade Innovation, which is amongst the world’s leading trade finance products, enabling banks to drive efficiencies and to reduce cost.” The acquisition is subject to customary closing conditions and is expected to close in the quarter ending December 31, 2020.  ### Leave a Comment ## Related Articles ### [Amit Chadha Takes Charge as CEO & MD of L&T Technology Services](https://hubspot.obscuretech.net/blog/office/obscuretechnologies/content/g98ydmlyabyqx2pd) L&T Technology Services Limited (BSE: 540115; NSE:LTTS), a global leading pure-play engineering services company, today announced the appointment of Amit Chadha as CEO &... [ITWeb](https://hubspot.obscuretech.net/blog/author/itweb) [Read More](https://hubspot.obscuretech.net/blog/office/obscuretechnologies/content/g98ydmlyabyqx2pd) ### [Arm Technology Powers the World’s Fastest Supercomputer](https://hubspot.obscuretech.net/blog/office/obscuretechnologies/content/rxp3jqbmrz1ma2ye) Today at the International Supercomputing Conference (ISC) it was announced that the Fugaku supercomputer, a system jointly developed by RIKEN and Fujitsu Limited, and... [ITWeb](https://hubspot.obscuretech.net/blog/author/itweb) [Read More](https://hubspot.obscuretech.net/blog/office/obscuretechnologies/content/rxp3jqbmrz1ma2ye) #### About - [Privacy Policy](https://obscuretech-6344971.hs-sites.com/privacy-policy) - [Company Documents](https://obscuretech-6344971.hs-sites.com/company-documents) - [Blog](https://hubspot.obscuretech.net/blog) - [Contact Us](https://obscuretech-6344971.hs-sites.com/contact-us) #### Find Out More - [Training](https://obscuretech-6344971.hs-sites.com/training) - [Vendor](https://obscuretech-6344971.hs-sites.com/technology-partners) [info@obscuretech.net](mailto:info@obscuretech.net) [+27 12 941 2032](tel:0129412032) Block B, Unit 2, Top Floor, Southdowns Office Park, 21 Karee Street, Irene, Centurion, 0157 [Follow us on Facebook](https://www.facebook.com/obscuretech/) [Follow us on LinkedIn](https://www.linkedin.com/company/12905777/) [Follow us on Twitter](https://twitter.com/obscuretechsa) [Follow us on Instagram](https://www.instagram.com/obscuretech) © 2021 Obscure Technology (Pty) Ltd. All Rights Reserved | [Sitemap](https://6344971.hs-sites.com/sitemap.xml?hsLang=en&__hstc=210502475.5967cf61bca4ac22d537b1232075ee66.1623670831025.1623920658176.1624257129041.4&__hssc=210502475.13.1624257129041&__hsfp=933429068) | [Privacy Policy](https://6344971.hs-sites.com/privacy-policy?hsLang=en&__hstc=210502475.5967cf61bca4ac22d537b1232075ee66.1623670831025.1623920658176.1624257129041.4&__hssc=210502475.13.1624257129041&__hsfp=933429068)