C

Capco

Advises banks, insurers and energy companies

Overview

Company Historically Provides H-1B Sponsorship

Capco advises banks, payment companies, insurers, asset managers, and energy firms on strategy, regulation, and technology, and unlike generalist consultancies it sticks to finance and energy. In 2021, Capco became the largest acquisition in the history of Indian IT services company Wipro, which bought it to expand its consulting for banks. Clients hire Capco teams to redesign operations, comply with regulations, modernize payment and trading systems, and adopt AI under strict risk controls, while its engineers build the software behind those changes. Clients pay for consultants' time or a fixed project price, and Capco staff often work on site with client teams. Capco was founded in Belgium in 1998 and is based in London.

Significant Headcount Growth

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About Capco

Simplify's Rating
Why Capco is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Consulting

Company Size

5,001-10,000

Company Stage

Acquired

Total Funding

$80M

Headquarters

London, United Kingdom

Founded

1998

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Simplify's take

What believers are saying

  • Demand bounced back: Capco's revenue in the March 2026 quarter was among its highest in several quarters, Wipro's CEO said.
  • Hiring is broad: Capco listed 719 open roles in October 2026, led by India, Brazil, the UK and Poland.
  • Capco is close to OpenAI: a beta partner since 2025, it won OpenAI's AI governance award in June 2026.

What critics are saying

  • Restructuring has hit Capco: in January 2026, Wipro's CEO said recent cuts targeted outdated skills at Capco and in Europe.
  • US work is shrinking: Capco's two US units' revenue fell 8% to $340 million in the year to March 2026.
  • Student programs exclude visa holders: all seven of Capco's US graduate and intern posts require citizenship or a green card.

What makes Capco unique

  • New consultants often write code: Capco's Dallas and Houston graduate programs list Java, Angular and Salesforce work for financial clients.
  • Its owner is also a client: Wipro bought 14% of Capco UK's services in the year to March 2026.
  • Staff publish beside top academics: since 2001, Capco's Journal of Financial Transformation has featured Nobel laureates and regulators.

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Funding

Total Funding

$80M

Above

Industry Average

Funded Over

3 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison Coming Soon

Benefits

  • Hybrid Work Options

Growth & Insights and Company News

6 month growth

0%

1 year growth

9%

2 year growth

13%
Capco
Oct 20th, 2026
Capco and Molecule announce strategic partnership.

Capco and Molecule announce strategic partnership. HOUSTON, TX, October 20, 2026 - Global management and technology consultancy Capco, a Wipro company, and Molecule, the next-generation energy trading and risk management (ETRM) platform, have announced a new strategic partnership to accelerate ETRM modernization and deliver more agile, scalable, and data-driven trading and risk operations. The new partnership brings together Capco's deep energy trading and risk expertise and its experience delivering complex transformation programs with Molecule's modern, API-first ETRM capabilities. Together, the two partners will help energy producers, midstream operators, traders and financial institutions to swiftly and precisely move off legacy ETRM systems that are costly to maintain, slow to upgrade and hard to integrate. Capco helps energy and commodities firms to transform their ETRM capabilities through the combination of deep trading and risk expertise with technology, data, AI and delivery excellence. To connect vision to value, Capco supports the full ETRM lifecycle, from strategy, operating model and platform selection through implementation, integration, modernization and optimization across front, middle, and back-office functions. Molecule helps producers, midstream operators, traders, retail energy suppliers and asset managers modernize their trading and risk operations with a cloud-native, multi-tenant SaaS ETRM/CTRM platform. As the system of record for trading and risk, that platform supports the trade lifecycle from capture through settlement with near real-time position, P&L and risk reporting, and TIES by Molecule covers physical gas operations for producers, midstream operators and marketers. John Janssen, Managing Partner, North America Energy and Utilities, said: "Bringing together strong consulting fundamentals and energy trading experience with proven technology, data, risk and AI expertise, we support our clients in turning digital transformation into a source of operational resilience, agility and competitive advantage. Our approach goes beyond implementing technology to help firms simplify complexity across their business. We help them modernize their data foundations, apply AI to improve decision making and productivity and strengthen their controls to ensure they can build scalable solutions that will evolve with their ambitions." Pat Smith, CEO of Molecule, said: "At Molecule, we believe choosing the right partners is essential for successful delivery and for building long-term client relationships. Our experience working alongside Capco on client engagements, combined with the scale and proven track record of their ETRM practice, made them an obvious choice. Together, we're giving clients a modern, cloud-native ETRM platform backed by world-class implementation expertise, so they can modernize faster and with greater confidence." About Capco Capco, a Wipro company, is a global technology and management consultancy shaping change in the energy and financial services industries. For almost 30 years, Capco Group has been trusted to help its clients adapt, transform and create long-term value across capital markets, banking, payments, insurance, wealth and asset management, and the energy and utilities sectors. Its deep industry expertise, partnership mindset and award-winning Be Yourself At Work culture are amplified by its strengths in advisory, technology, data and AI innovation. Capco Group support its clients to establish clear priorities, connect vision to value, and deliver measurable impact when the stakes are highest. Expert-led, AI-infused, impact-focused - Capco Group do not just respond to change, Capco Group help shape it. To learn more, visit www.capco.com or follow Capco Group on LinkedIn, Instagram, Facebook, and YouTube. About Molecule Founded in 2012 and based in Houston, TX, Molecule provides a cloud-native ETRM/CTRM system for energy traders, asset managers, and financial institutions. The platform supports trade capture, risk management, settlements, and reporting across power, gas, renewables, crude oil, metals, and more. Designed with an API-first approach, Molecule integrates seamlessly into the modern trading stack. Visit molecule.io to learn more.

Citybiz
Oct 9th, 2026
FLX Networks appoints Alvi Abuaf and Eric Lordi to Advisory Board.

FLX Networks appoints Alvi Abuaf and Eric Lordi to Advisory Board. October 9, 2026 Alvi Abuaf and Eric Lordi FLX Networks has appointed Alvi Abuaf and Eric Lordi to its Advisory Board, adding two financial services executives with extensive experience in wealth management, financial technology, private equity and investment distribution. The appointments come as FLX Networks expands its membership network, technology platform and marketplace of business solutions connecting asset managers, insurance carriers and wealth management firms. Abuaf, an Industry Partner at Motive Partners, and Lordi, a former senior executive at Citi, J.P. Morgan and Morgan Stanley, bring complementary experience in financial technology investment, wealth management platforms and institutional distribution. Their addition strengthens FLX's access to industry expertise as the company develops infrastructure intended to simplify how financial services manufacturers and distributors connect, exchange information and conduct business. "Alvi and Eric bring an extraordinary depth of experience across investing, technology and wealth management," said Brian Moran, Founder and CEO of FLX Networks. "As FLX continues to build the infrastructure connecting asset managers, insurance carriers, and wealth managers to each other and to the solutions they need, their perspective will be invaluable," Moran added. FLX Networks operates a membership-based platform designed to connect financial product manufacturers with distribution organizations through integrated workflows, shared information and access to specialized business solutions. The company's model seeks to address inefficiencies in the relationships between asset managers, insurance carriers and wealth management firms, where fragmented technology systems and operational processes can complicate business development and distribution. By bringing participants together through a common network, FLX aims to reduce administrative friction, improve productivity and provide access to services that support business growth. Abuaf brings experience spanning financial technology investing, consulting and executive leadership. At Motive Partners, a private equity and venture capital firm focused on financial technology, he has worked with investments including InvestCloud, Advicent, RetireUp, BetaNXT, Mediant, CAIS, TIFIN AMP and FNZ. These businesses operate across areas such as wealth technology, investment platforms, financial infrastructure and advisory solutions, providing Abuaf with exposure to multiple segments of the financial services technology market. Before joining Motive Partners, Abuaf served as CEO of Capco North America, where he led operations for the financial services consulting firm. He previously held senior leadership positions at Citi and Ernst & Young/Capgemini and founded the E&Y FinTech Incubator. His background combines experience evaluating financial technology investments with managing businesses serving large financial institutions. "I've watched FLX build essential infrastructure for our industry from the earliest stages," Abuaf said. "I'm excited to deepen my involvement with the team as they scale the network's reach." Lordi brings a different perspective, having held senior leadership positions within several of the largest wealth management organizations. Most recently, he led Wealth Platform and Experience at Citi Wealth, overseeing initiatives related to the technology and service infrastructure supporting wealth management operations. He previously served as Managing Director and Head of ConnectWealth Strategic Development at J.P. Morgan. At Morgan Stanley, Lordi was Managing Director and Head of Advice Platforms, with responsibilities involving technology and advisory infrastructure. Earlier in his career, he held leadership positions at Barclays and Merrill Lynch. His experience provides FLX with insight into the operational and technology requirements of major wealth management institutions, particularly the systems used to connect advisors, investment products and distribution platforms. "Having spent my career inside the wealth management industry's largest institutions, I've seen firsthand how much friction still exists in how asset managers and distributors connect," Lordi said. "I look forward to helping FLX continue to remove that friction for its Members." The appointments reflect FLX's emphasis on developing relationships across the financial services industry as it expands its platform. For asset managers and insurance carriers, reaching financial advisors and wealth management firms often requires navigating multiple distribution relationships, technology systems and information-sharing processes. Wealth management organizations face similar challenges when evaluating products, coordinating with manufacturers and integrating external solutions into their existing operations. FLX's network is designed to simplify those interactions through a centralized environment that supports connectivity and access to business services. As Advisory Board members, Abuaf and Lordi will work with other industry executives to provide strategic perspectives, feedback and relationship-building support. They join an Advisory Board that includes Nate Dalton, Co-Founder of Affiliated Managers Group and former President of MSIM Distributors; Darlene DeRemer, Co-Founder of Grail; and Dan O'Lear, former President of Franklin Distributors. The group's combined experience spans asset management, investment distribution, financial technology and wealth management. For FLX Networks, the appointments add expertise from both the investment and institutional operating sides of the financial services industry. Abuaf's background in financial technology investing and Lordi's experience building wealth management platforms provide perspectives relevant to the company's efforts to expand its network and develop integrated solutions. The additions also reinforce FLX's strategy of using industry relationships and technology infrastructure to improve connectivity between financial product providers and distributors as its membership platform continues to grow.

Financial Post
Jun 26th, 2026
Capco recognized by OpenAI for innovation and responsible AI leadership.

Capco recognized by OpenAI for innovation and responsible AI leadership. Business Wire Published Jun 26, 2026 Article content Receives AI Governance & Risk Excellence Award at OpenAI Partner Summit Article content Capco's UK AI Lab wins OpenAI Codex Hackathon Article content LONDON - Global management and technology consultancy Capco, a Wipro company, has been recognized by OpenAI for both AI innovation and responsible AI leadership. Article content Capco received the AI Governance & Risk Excellence Award at the recent OpenAI Partner Summit 2026 in San Francisco, highlighting Capco's ability to deliver enterprise-grade AI outcomes in highly regulated environments. The award recognizes Capco's expert advantage when helping financial services and energy organizations to scale AI with confidence, balancing innovation with strong governance to reduce risk, strengthen compliance and improve customer outcomes. Article content Advertisement 1 Story continues below Article content This award follows Capco winning the OpenAI Codex Hackathon, where its UK AI Lab competed against more than 30 teams and over 100 participants from across the OpenAI partner ecosystem. Capco's winning entry Sentra - a consulting-led, AI-powered retail banking solution - uses digital twin technology to identify vulnerable customers and recommend explainable next-best actions for frontline teams. Article content Top Stories Interested in more newsletters? Browse here. Article content Srini Pallia, Chief Executive Officer and Managing Director, Wipro Limited, said Article content , "Capco is uniquely positioned to help clients unlock the full value of AI through a consulting-led, AI-powered approach built on deep domain expertise, trust and customer focus. OpenAI's recognition is a strong validation of the responsible and scalable AI solutions we are building for clients and our own business. These honours mark another important step in accelerating our AI strategy with Wipro Intelligence(TM) and reinforce Capco's expert advantage in delivering AI-enabled advisory and scalable solutions that create lasting value." Article content Capco was an early OpenAI strategic partner, participating in its beta partner programme since 2025 and working closely with OpenAI on emerging enterprise capabilities. Together, these recognitions reinforce Capco's growing position within the OpenAI partner ecosystem. They demonstrate Capco's ability to innovate at the frontier of AI technology, while having the requisite expertise to deploy AI responsibly in complex regulatory environments. Article content About Capco Article content Capco, a Wipro company, is a global technology and management consultancy shaping change in the financial services and energy industries. For almost 30 years, we have been trusted to help our clients adapt, transform and create long-term value across capital markets, banking, payments, insurance, wealth and asset management, and the energy and utilities sectors. Our deep industry expertise, partnership mindset and award-winning Be Yourself At Work culture are amplified by our strengths in advisory, technology, data and AI innovation. We support our clients to establish clear priorities, connect vision to value, and deliver measurable impact when the stakes are highest. Expert-led, AI-infused, impact-focused - we Article content or follow us on LinkedIn, Instagram, Facebook, and YouTube. Article content Advertisement 2 Story continues below Article content About Wipro Limited Article content Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading AI-powered technology services and consulting company focused on building innovative solutions that address clients' most complex digital transformation needs. Leveraging our consulting-led approach and the Wipro Intelligence(TM) unified suite of AI-powered platforms, solutions and transformative offerings, we help clients realize their boldest ambitions to build intelligent and sustainable businesses. The Wipro Innovation Network - part of the Wipro Intelligence(TM) suite - underpins our commitment to client-centric co-innovation and co-creation by bringing together capabilities from the innovation labs and partner labs, academia, and global tech communities. With over 240,000 employees and business partners across 65 countries, we deliver on the promise of helping our customers, colleagues, and communities thrive in an ever-changing world. For additional information, visit us at Article content Forward-Looking Statements Article content The forward-looking statements contained herein represent Wipro's beliefs regarding future events, many of which are by their nature, inherently uncertain and outside Wipro's control. Such statements include, but are not limited to, statements regarding Wipro's growth prospects, its future financial operating results, and its plans, expectations and intentions. Wipro cautions readers that the forward looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from the results anticipated by such statements. Such risks and uncertainties include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, complete proposed corporate actions, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our business and industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission, including, but not limited to, Annual Reports on Form 20-F. These filings are available at Advertisement 1 Advertisement 2 Article content . We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf. Article content View source version on businesswire.com: Article content Media Contact: Article content Tim Steele, Head of External Communications Article content Advertisement 2 Quick Picks

Baguete
Jun 23rd, 2026
Ex-red hat is new sales director at capco.

Ex-red hat is new sales director at capco. Patrícia Orlandini takes on commercial strategy for the public sector, focusing on banks. June 23, 2026 - 12:56 Font size: -A+A Patrícia Orlandini (Photo: Disclosure) Capco, a global technology and management consultancy from Wipro specializing in finance, announced the hiring of Patrícia Orlandini as sales director for the public sector, with a focus on banks. Orlandini has more than 20 years of experience and comes from Red Hat, where she was responsible for the public sector sales area since 2022. During her career, she was public accounts manager at CTC, business director at Squadra Tecnologia, executive business manager at Qintess, and senior client executive at Capgemini. At other times, she worked at Globalweb, Grupo Vetax, and Vivo. The company also promoted two other executives: Marcos Soares, who takes over as executive director of sales, and Rodrigo Santos, as executive director of energy. With over 34 years in the market, Soares has been at Capco since August last year, when he joined as managing director of the energy sector. Between 2018 and 2025, he worked at Accenture as senior executive manager and associate executive director, both times focused on energy. His career also includes stints at Capgemini, Atos, Hewlett-Packard, and Unisys, concentrated in leadership roles in the essential services, accounts, and corporate partners segment. Leading Capco's commercial strategy, Soares will be responsible for driving the consultancy's growth in the sales area. Santos has been at Capco since September 2022, when he joined the company as project manager. Since then, he has been promoted to delivery manager and head of delivery. The executive's last experience was at Tata Consultancy Services, as senior BPO analyst, project leader, and project manager. The professional also worked as service analyst at Global Hits, part of the management support team at Stefanini and Personal Service, offshore support analyst at CTIS, and IT infrastructure technician at Atos. Founded in 1998 and headquartered in London, Capco is a Wipro company that operates as a global technology and management consultancy focused on the financial services and energy industries. The company works at the intersection of business and technology to support clients in banking and payments, capital markets, wealth and asset management, insurance, and energy. Among its clients are names such as Natwest and Postfinance. Reporter at Baguete Diário

Consultancy.uk
Jun 9th, 2026
Capco appoints Deep Patel as leader of payments practice.

Capco appoints Deep Patel as leader of payments practice. 09 June 2026 Consultancy.uk Global consulting firm Capco has appointed Deep Patel as leader of its payments practice in the UK market. He brings more than two decades of experience in the consulting industry to the role. Based in London, Patel will lead the firm's payments offerings to clients including banks, payment service providers, merchants, fintechs, and regulators. He joins Capco from Deloitte, where he spent over twenty years and latterly was a director in its consulting business and financial services practice. Patel possesses extensive expertise across large-scale, technology-enabled transformation in the payments and transaction banking space. His experience spans the iteration and delivery of new product propositions, vendor platform implementations, regulatory and compliance transformations - including migration to ISO 20022 - and complex banking integrations. "We are pleased to announce Deep Patel as our new UK payments lead," said Chris Moore, director at Capco. "He will play a key role in shaping our core payments proposition and scaling our practice and client base across the UK." "Deep joins us at a pivotal time in the payments industry as firms begin to think ahead to the potential of AI in the payments journey, and the impact of upcoming industry regulation and initiatives such as PSD3 and the National Payments Vision on retail and corporate payments. His knowledge and collaborative approach will be a great addition to our business." The appointment comes hot on the heels of Capco being named one of the UK's leading consultancies in the payments landscape for 2026. The firm's Payments practice operates at the forefront of the industry - the UK team works together with Capco's teams around the world, as well as with parent Wipro for tech-enabled transformations.

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