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29-11-2023 02:59 PM | Source: Accord Fintech
Wipro jumps on launching continuous compliance solution built on Amazon Security Lake

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Wipro is currently trading at Rs. 405.20, up by 8.25 points or 2.08% from its previous closing of Rs. 396.95 on the BSE.

The scrip opened at Rs. 398.85 and has touched a high and low of Rs. 408.25 and Rs. 397.95 respectively. So far 573258 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 443.60 on 15-Sep-2023 and a 52 week low of Rs. 351.85 on 17-Apr-2023.

Last one week high and low of the scrip stood at Rs. 408.25 and Rs. 393.20 respectively. The current market cap of the company is Rs. 211792.89 crore.

The promoters holding in the company stood at 72.93%, while Institutions and Non-Institutions held 14.50% and 10.14% respectively.

Wipro has launched Continuous Compliance Solution built on Amazon Security Lake in collaboration with Amazon Web Services (AWS). Amazon Security Lake automatically centralizes an organization’s security data from across their AWS environments, SaaS providers, on-premises environments, and cloud sources into a purpose-built data lake. Wipro’s solution is designed to equip enterprises with advanced capabilities to meet compliance requirements in a continually evolving regulatory landscape by providing ongoing visibility into compliance posture and governance of business applications from pre- to post-cloud migration.

The dynamic nature of compliance necessitates flexibility and agility in business strategies, as well as a scalable infrastructure that enables companies to continually adjust their operations to remain in adherence. As organizations increasingly move to cloud, the importance of maintaining data compliance without sacrificing agility and innovation has never been greater.

The Wipro Continuous Compliance Solution aims to reconcile these objectives by offering a unified platform where companies can manage, monitor, and maintain compliance requirements seamlessly. Built on Amazon Security Lake, the solution benefits from scalable architecture, robust security features, and ease of integration. 

Wipro is a leading global information technology, consulting and business process services company.