Wipro to Overhaul Desjardins' Credit Solutions with NetOxygen Integration

15 Mar 2024 , 12:36 PM

Wipro Limited, a leading technology services and consulting company listed on NYSE (WIT), BSE (507685), and NSE (WIPRO), has been chosen by Desjardins to revamp their credit solutions for members and clients.

Wipro Gallagher Solutions (WGS), a subsidiary of Wipro and a prominent provider of cloud-based Loan Origination Systems (LOS), will integrate and manage Desjardins’ multiple in-house and legacy systems using its flagship NetOxygen solution.

The integration aims to consolidate Desjardins’ Loan Origination Systems onto a single platform, enhancing customer experience, efficiency, and cost-effectiveness.

Desjardins members and clients will benefit from a seamless digital lending experience accessible across various devices, anytime and anywhere.

The automation brought by this transformation program will streamline operational tasks, enabling Desjardins employees to focus on providing advisory services and handling complex transactions.

Kim Watson, President & Managing Director of Wipro Solutions Canada Limited, expressed excitement about the project’s potential to revolutionize lending services, leveraging NetOxygen’s advanced digital capabilities.

Nathalie Larue, Executive Vice-President of Personal Services at Desjardins Group, highlighted the alignment of the NetOxygen solution with Desjardins’ vision, emphasizing Wipro’s selection as a strategic partner for this significant transformation journey.

Wipro Gallagher Solutions (WGS), a prominent provider of cloud-based loan origination systems (LOS), will play a pivotal role in integrating and overseeing Desjardins’ diverse in-house and legacy systems. This initiative aims to consolidate Desjardins’ loan origination processes onto a single platform, leveraging WGS’s flagship NetOxygen solution. The integration is anticipated to yield significant benefits, including enhanced customer experience, operational efficiency, and cost savings for Desjardins.

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