Nucleus Software in strategic partnership with Wipro

Moneycontrol Bureau

Nucleus Software, provider of software solution to banks, has entered into a strategic partnership with Wipro to provide cost effective customized solutions to banking clients, the company said in a press release Tuesday.

"As banks embrace integrated business solutions to address chaning customer and regulatory needs, our partnership with Nucleus provides comprehensive, cost effective and scalable solutions across the lending and cash management value chain," said Wipro Technologies's senior vice president and global head of banking an financial services business, Sriram Srinivasan.

At 14:15 hrs, shares of Nucleus Software were trading at Rs 87.50, up 8% and Wipro's shares were trading almost flat at Rs 442.70 on the Bombay Stock Exchange.