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Key people at Capco.
Capco is a London-based global management and technology consultancy specializing in digital transformation services for the financial services, banking, capital markets, wealth management, and energy sectors. The firm operates across more than 25 global locations, employing over 7,000 professionals to deliver technology and data-driven solutions to a diverse client base of over 100 global organizations. In March 2021, the consultancy was acquired by Indian IT services multinational Wipro for $1.45 billion to significantly enhance its broader banking and financial services consulting capabilities. Prior to this acquisition, the firm operated as an independent entity following a July 2017 transaction where private equity firm Clayton, Dubilier & Rice acquired a 60 percent stake, while previous owner FIS retained a 40 percent share. The organization was originally founded in Belgium in 1998 by Rob Heyvaert.
Key people at Capco.
Capco, formally known as The Capital Markets Company, is a global technology and management consultancy specializing in digital transformation for the financial services industry, including banking, payments, capital markets, wealth and asset management, insurance, and energy.[2][3][4][6] Founded in 1998 and acquired by Wipro in 2021, it employs over 7,000 professionals across 25+ offices worldwide, delivering services like management consulting, technology integration, regulatory advisory, data analytics, and operational strategy to leading financial institutions.[2][3][4] Capco stands out for blending deep industry expertise with innovative digital solutions, helping clients boost revenue, cut costs, manage risks, and navigate regulatory changes while fostering long-term partnerships.[3][4][6]
Note: A separate entity, Capco Asset Management, LLC, is a registered investment advisor focused on managing concentrated portfolios for high-net-worth individuals via its Capco Partners fund, emphasizing business quality, people, and disciplined pricing—but this appears distinct from the primary Capco consultancy.[1]
Capco was founded in 1998 in London, UK, as a boutique consultancy targeting the financial services sector, particularly capital markets.[2][4] It emerged amid the evolving needs of investment banks, exchanges, and clearing houses for technology-driven transformations like electronic trading platforms and risk management systems.[2] Key early focus areas included trading, investment banking operations, post-trade processing, and compliance.[2][4]
The firm expanded globally, growing to over 7,000 professionals and 33 offices across the Americas, Europe, and Asia Pacific by leveraging its entrepreneurial culture.[3][4] A pivotal moment came in 2021 with its acquisition by Wipro Limited, which scaled its capabilities in banking and financial services consulting while preserving its brand and specialized focus.[2][3] This evolution transformed Capco from a niche player into a mid-sized global leader known for industry-specific expertise over generalist breadth.[2]
Capco rides the wave of digital disruption in financial services, where trends like AI, regulatory shifts (e.g., climate, financial crime, resilience), fintech innovation, and data-driven operations demand rapid transformation.[3][6] Its timing aligns with post-2021 market forces, including heightened compliance needs, electronic trading evolution, and sustainable growth in wealth management amid economic volatility.[2][6][7] By empowering private equity, banks, and asset managers with streamlined operations and tech integrations, Capco influences the ecosystem through practical, scalable solutions that enhance client competitiveness and customer value.[5][6][7]
Capco is poised to deepen its integration within Wipro's ecosystem, expanding AI, regulatory tech, and energy consulting amid 2026 priorities like climate rules and financial crime prevention.[2][3][6] Trends in holistic financial wellness, payments innovation, and operational resilience will shape its growth, potentially amplifying influence via more prototypes and partnerships.[6][7] As financial institutions prioritize tech-led reinvention, Capco's focused agility positions it to lead mid-market transformations, evolving from consultancy to indispensable transformation partner—bridging business insight with tomorrow's digital realities.[3][4]
