Wipro is focusing on the Indian banking industry for quite some time. Some of the clients that it already has in its kitty are Yes Bank and HDFC Bank. Last heard, the information technology major has bagged another 10 year long Total Outsourcing Contract (TOS) from Dena Bank, which employs more than 10,200 employees and has over 9.7 million account holders. Anand Sankaran, Vice-president, Global IT Outsourcing, Wipro said, "This project will begin by implementing the initial infrastructure at 10 branches within six months and in a period of four years, 850 branches will be centralised and integrated." The bank will deliver banking applications which includes core banking, risk management, delivery channels, credit operations, treasury, cash management, asset liability management and anti-money laundering.
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