Wipro completed the acquisition of Encore Theme Technologies.

Wipro, a global information technology, consulting and business process services company, completed the acquisition of Encore Theme Technologies, a specialist in providing SaaS and Cloud solutions in financial services. Financial terms were not disclosed. The acquisition is subject to customary closing conditions and is expected to close in the quarter ending December 31, 2020. “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,” Angan Guha, Wipro Senior Vice President and Global Head, Banking, Financial Services & Insurance.