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Global enterprise solutions business Genpact is expanding into the UK financial services market opening a new 'centre of excellence' centre in Glasgow.
Genpact's OpenWealth business plans to add “approximately 140 wealth management professionals” in Glasgow to serve “key UK clients”.

Genpact said the market for wrap platforms – online portals UK financial advisors use to aggregate, manage and trade investments on behalf of their retail clients – has grown more than 20 per cent in the past decade. Mohit Thukral, senior vice president and head of banking, financial services and insurance at Genpact, said: “Our new wealth management center of excellence in Glasgow significantly enhances Genpact’s global financial services capabilities, especially for wealth management administration where we see major growth opportunities.

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