Wipro Infotech wins turnkey project

Wipro Infotech, the India and Middle East IT Business of Wipro and a leading provider of IT and business transformation services, announced that it has won a turnkey project from the Financial Intelligence Unit - India (FIU-IND), Ministry of Finance, Union Government.

As part of the project, Wipro would implement FINnet (Financial Intelligence Network) for FIU-IND, the company said in a statement.

The scope of services includes development of Portal, Datawarehousing, Deduplication, Analytical Application and ERP implementation at the Data Centre and Disaster Recovery site.

The project is scheduled to be completed in 24 months in different phases with a further service period of 36 months.

"Project FINnet would greatly enhance the efficiency and effectiveness in the FIU-IND’s core function of collection, analysis and dissemination of financial information," it said.

"IT enablement of key processes would ensure substantially higher productivity, faster turn-around-time and effective monitoring in all areas of FIU-IND’s work. The project assumes significance in the light of growing economic crimes within the country and the government’s efforts to arrest it."

"With this project, the government intends to use technology for bringing efficiency into analysis of data," it added.