Information Technology services major Wipro Ltd said on Thursday it would buy privately-held British consultancy firm Capco for $1.45 billion.

London-based Capco serves banking and financial institutions across the Americas, Europe and Asia-Pacific regions, Wipro said in a regulatory filing adding that Capco services clients in the energy and commodities trading sector as well.

Capco has an experienced executive team withover 5,000 employees across the globe including India, US, UK, France, Germany, Poland, Slovakia, Austria, Poland, Switzerland, Brazil, Singapore, Malaysia and Hong Kong.

The firm will operate as a separate unit (Capco – A Wipro Company), the IT services major said.

With the acquisition, Wipro claims to be “one of the largest providers of integrated, end-to-end consulting, digital, cloud and IT transformation services at scale,” the company stated.

By combining Wipro’s capabilities in strategic design, digital transformation, cloud, cybersecurity, IT and operations services with Capco’s domain and consulting strength, clients

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Working in the aerospace, automotive, mass transportation, nuclear energy industries, as well as Public Services, Paul has developed an unrivalled expertise in Lean Transformation Strategy Development, business process redesign, leadership performance coaching and the instructional design of Lean culture change programmes in all sectors and environments. Paul is also a published author on Lean in the Public and Private sectors and is a keynote speaker at global conferences and seminars.

Leading strategically in the Military, Oil & Gas, Energy, Construction, Telecommunications and Third Sector, Ryan has unique skills in leadership and followership that transcends industries and sectors. These have been developed while leading a nuclear powered submarine, an offshore installation platform, as VP in a

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LONDON–(BUSINESS WIRE)–Arthur D. Little (ADL) today announced the promotion of seven of its consultants to the rank of Partner, in recognition of the expertise and depth of experience that each one brings to the company. These appointments represent a major milestone for ADL, with the company now boasting over 100 Partners within its global team. Over the past five years, ADL has doubled in size by pursuing a dynamic growth path, and one of the key tenets of its ongoing success is the development and promotion of its internal talent.

The latest appointments to Partner are as follows:

  • Matteo Ainardi, Partner, Automotive and Manufacturing (AMG) and Strategy & Organization (S&O) Practices. Matteo joined ADL in 2016 and currently leads the company’s global Aerospace & Defense Center of Competence. His main focus is on supporting clients in the A&D ecosystem, focusing on strategy definition, organizational redesign and innovation management.
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DUBLIN & LONDON–(BUSINESS WIRE)–Data privacy consultancy Securys is opening in Dublin, its first office outside the UK, to serve Ireland’s growth economy of local and multinational businesses, and to help deliver privacy in an increasingly data-driven world.

It is the first step in expansion plans that will see the firm opening additional offices across Europe and beyond over the next few years to serve its global customer base.

The largest specialist privacy consultancy in the UK, Securys has earned a reputation for integrating the fundamental human right to privacy into a business proposition that wins client companies a competitive edge.

Founder and Principal Ben Rapp says, “Ireland has become a European digital centre on top of its strong domestic economy. The recent expansion of the Irish regulator shows a commitment to privacy that provides the ideal climate for our key business purpose.

“We are committed to delivering a

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NEW YORK–(BUSINESS WIRE)–Accenture (NYSE: ACN) has acquired Future State, a change management consulting firm headquartered in Oakland, CA. Future State’s 75-person team joins the Talent & Organization / Human Potential practice at Accenture, adding highly specialized expertise focused on agile business transformation.

Future State makes ideas and innovation real for clients within the life sciences, CPG and technology industries, through expert planning, intuitive communication, team coaching and empathy. This innovative approach — along with strong credentials in product development enablement, business growth and post-merger integration — add new methodologies that expand Accenture’s existing C-suite offerings. Future State, a certified B Corp, is also widely recognized for its commitment to corporate social responsibility, and was selected by B Lab as a “Best for the World Changemaker” honoree in 2019.

“As the ongoing health, economic and social crises have demonstrated, disruption is constant and companies must adapt to thrive and

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Accenture Acquires Leadership and Talent Consultancy Cirrus to Support C-Suite Transformations

 
LONDON; Mar. 1, 2021Accenture (NYSE: ACN) has acquired Cirrus, a UK headquartered leadership and talent consultancy. Cirrus joins Accenture’s Talent & Organization / Human Potential team and strengthens its development and coaching capabilities for leaders seeking business transformation. Terms of the transaction were not disclosed.
 
With 70 experts located in the U.K. and Australia serving global clients, Cirrus blends leadership, talent, and engagement expertise to assess and develop leaders — creating behavioural change and implementing agile ways of working to unlock their potential. Cirrus has a proven track record of delivering business impact through bespoke leadership and team development solutions run via virtual, face-to-face and digital channels. 

“Our clients look to us for guidance and innovation alongside them in their transformation journeys, especially during times of change. By acquiring Cirrus, we can deliver leadership and talent development

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BENGALURU: Wipro Ltd said on Thursday it would buy British consultancy Capco for US$1.45 billion in cash, as the Indian software giant looks to boost its offerings for the financial services industry that generates the bulk of its revenue.

London-based Capco makes 96per cent of its revenue from Europe and North America, from where Indian IT services companies have traditionally won the most lucrative contracts.

Wipro and its rivals including Infosys Ltd and Tata Consultancy Services Ltd have become major global players, offering services spanning from back-office work for banks to social media content moderation as well as traditional technical support.

Capco will give Wipro access to 30 new large banking and financial clients and make the Indian firm one of the largest end-to-end consulting and technology service providers to that industry globally, Wipro said.

Banking and financial clients account for nearly a third of Bengaluru-headquartered Wipro’s revenue,

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FILE PHOTO: Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. REUTERS/Drone Base

LONDON (Reuters) – Commodities-related revenue at the world’s 12 biggest investment banks surged by 85% last year compared to 2019 as oil and metals trading made further strong gains, consultancy Coalition said on Friday.

Commodities revenue at the 12 banks climbed for a third successive year after several years of declines, hitting its lowest for more than a decade in 2017.

During 2020, revenue from commodity trading, selling derivatives to investors and other activities in the sector rose to $7.5 billion, the financial industry analytics firm said.

“In metals, revenues from precious metals multiplied as investors sought safe havens from the volatile markets and uncertainty caused by the pandemic,” Coalition said in a statement.

“In energy, oil was the key performer with continued growth

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