Wipro locks multi-year 'Service Integration and Management' contract with HM Treasury

19 Aug 2022 , 11:20 AM

Wipro Limited has received a multi-year contract to provide Service Integration and Management (SIAM) Services to HM Treasury (HMT).

SIAM will allow for the seamless integration of IT services across multi-functional suppliers and partners, hence improving user experience throughout HMT and its Arm’s Length Bodies.

Wipro and HMT will partner to aid in end-to-end SIAM services, from strategy, design, and implementation to running business-as-usual services such as day-to-day coordination of service integration across HMT’s vendors.

Wipro believes that its strong SIAM skills and tried-and-true methodology will power up HMT’s ambition of creating a sustainable and ever-improving supplier ecosystem and infrastructure.

The Wipro team will serve as an orchestrator, managing and supervising end-to-end service operations across all of HMT’s providers while achieving operational efficiency, transparency, and higher service quality, stated Omkar Nisal, Wipro’s Manager Director UK & Ireland Division.

Omkar added further, “The digitization of the public sector is critical to providing efficient and robust services to residents across the UK, thus it’s an honour to play an essential role in a prominent government department at the beating core of the UK economy.”

At around 11.23 AM, Wipro was trading at Rs439.40 up by Rs4.4 or 1.01% from its previous closing of Rs435 on the BSE. The scrip opened at Rs439.90 and touched intraday high and low of Rs442.55 and Rs436.55 respectively.