Wipro's deep industry knowledge, risk management frameworks, track record of successful fast close implementations and ability to attend to the needs of a small, niche firm have been critical inputs for us in selecting them. In order to cement the partnership, Wipro has also agreed to align itself to Chaucer's desired business outcomes, which we considered was necessary for making this change a great success and I am confident that Wipro will be a key enabler of our Financial and Actuarial Transformation Programme." Ajoy Menon - VP Global Insurance Business, Wipro Technologies said, "We are making significant strides in supporting world leading insurers in meeting stricter emerging regulations such as Solvency II and IFRS (International Financial Reporting Standards).