OpenLink offers transaction lifecycle management (TLM) software.
Both companies will collaborate in area of technological innovation as well as complement each other in terms of domain expertise, a statement said.
Wipro's global delivery footprint will give OpenLink service spread across the world for its customers, it added.
Wipro and OpenLink will also work towards creating service excellence for customers, especially in the area of testing services, product upgrades and support services.
"Wipro has a dedicated global Energy/Commodity Trading and Risk Management centre of excellence that will give the right impetus to this alliance for creating a scalable service delivery framework for customers," Wipro Chief Executive (Energy, Natural Resources and Utilities Business Unit) Anand Padmanabhan said.
By pairing OpenLink's energy/commodity trading and risk management platform with Wipro's global delivery model, customers can derive more value through a lower total cost of ownership, OpenLink CEO Mark Greene added.
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