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Wipro & Verveba join hands to improve mobile radio network
NEW DELHI: Global IT service provider Wipro has entered into a partnership with telecom network engineering company Verveba Telecom to improve mobile radio network among other fields.
The partnership brings together Wipro’s expertise in telecom sector and Verveba’s Mobile Radio Network Optimisation technology with services, intellectual property and solutions of both organisations.
The companies will offer solutions to address industry challenges in generating measurable economic value from fast growing, mobile network technology deployments and optimisation especially in 4G and single RAN technologies.
It will also provide the opportunity to combine the skills and talents of two great network services organisations. Verveba and Wipro will work together on business development activities and expanding solutions to the Telecom Service Providers globally.
“Verveba’s solution augments our Telecom Network Services portfolio for the communications industry by delivering better business outcomes through cost reduction, improvement in turnaround time & process simplification, across the multi technology Radio Network Optimisation field. This aligns well with Wipro’s goal of offering comprehensive, cutting-edge customer experience solutions to our clients,” said Wipro senior vice president & global business head – communications business unit Anil Kumar.
“We are pleased and excited about this partnership with Wipro. This partnership increases the reach of Verveba’s services and solutions. Wipro’s reach in global markets complements Verveba’s capabilities to deliver incremental business value to the Communication Service Providers,” added Verveba CEO Manik Arora.
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YES Bank appoints S Anantharaman as chief risk officer
Former Jio Financial Services group chief risk officer takes charge of enterprise-wide risk at the embattled private lender
MUMBAI: YES Bank is not taking chances with risk anymore. The private lender has appointed S Anantharaman as its chief risk officer, a hire that signals the bank’s continued effort to rebuild credibility and tighten the controls that once famously slipped.
Anantharaman arrives from Jio Financial Services, where he served as group chief risk officer and built a risk management architecture spanning lending, payments, insurance broking and asset management from the ground up. Before that, he held the chief risk officer role at Bank of Baroda and senior leadership positions at HDFC Bank and L&T Finance Holdings. Three decades in banking and financial services, in other words, with scars and qualifications to match. He is a chartered accountant and a CFA charterholder.
At YES Bank, his brief is considerable. Anantharaman will oversee the bank’s entire enterprise-wide risk framework, covering credit policy, market risk, operational risk, information security, data governance, analytics, model governance and data privacy. It is, in short, every lever that matters when a bank is trying to prove it has grown up.
YES Bank’s turbulent past needs little rehearsing. What it needs now is exactly what Anantharaman has spent thirty years building: the kind of risk culture that stops problems before they become headlines. The appointment suggests the bank knows it.
