OpenAI and Capco Form Strategic Services Partnership to Accelerate AI Transformation in Financial Services and Energy
Global management and technology consultancy Capco, a Wipro company, has joined OpenAI’s Beta Services Partner Program, securing priority access to the latest AI innovations. Through this partnership, Capco and OpenAI will collaborate to address complex client challenges and deploy scalable AI solutions, further strengthening Capco’s position as a trusted technology partner to financial services and energy organisations worldwide.
Under the services partnership, Capco receives early access to OpenAI’s technology, technical support, solution architects and specialist training. In turn, OpenAI will draw on Capco’s more than 25 years of global transformation expertise and extensive delivery experience across the financial services and energy sectors. Together, the two organisations will explore advanced AI-driven solutions to address the most pressing issues facing the industries today.
AI presents diverse opportunities for innovation — from enhanced product design and operational transformation to improved regulatory compliance, increased employee productivity and hyper-personalised customer experiences.
Capco’s AI Lab has already developed a number of solutions powered by OpenAI’s technology, including Compliance Assist, part of the Capco Smart Suite of AI-enabled services. Compliance Assist helps banks proactively monitor regulatory updates and automatically identify necessary changes to internal processes and procedures, saving thousands of hours of manual effort.
Financial institutions must ensure continuous compliance with regulatory requirements to avoid reputational risk and financial penalties. For multinational banks, this often involves updating hundreds of policies, procedures and reports. When recently adopted by a major European retail bank, Compliance Assist reduced the workload by 80% and cut the time needed to assess policy impacts by half.
An initial focus of the strengthened collaboration will involve exploring how OpenAI’s GPT-5 — with its improved contextual reasoning and fine-tuning capabilities — can further automate and streamline processes, enabling organisations to move from reactive to proactive control and compliance.
Anne-Marie Rowland, CEO of Capco, said:
“We are delighted to announce our new services partnership with OpenAI. Capco delivers bold, innovative solutions that empower our clients to lead with confidence and outpace the market. This new services partnership firmly positions us at the leading edge of AI innovation, allowing us to take our AI offerings to the next level.
“We are now even more strongly positioned to deliver flexible, scalable AI-powered solutions that accelerate our clients’ ambitions – helping them driving faster, smarter, and more impactful outcomes. Having infused AI across our own business, we have seen up close the transformative impact and benefits that can be achieved.”
Chris Probert, Partner and Global Head of Data, Analytics & AI at Capco, said:
“Capco has always been committed to offering pragmatic generative and agentic solutions that drive AI-led, customer-centric transformation in a scalable and repeatable fashion. Opening the way to deeper collaboration with the OpenAI team, this services partnership allows us to pursue our shared vision of building custom AI models and tools that reimagine and accelerate the future evolution of our clients’ businesses.”
Ksenia Chumachenko, Head of GTM Partnerships at OpenAI, said:
“We’re excited to partner with Capco to bring the power of OpenAI’s technology to financial services and energy firms worldwide. Their deep sector expertise and strong client relationships make them a valued services partner as we help institutions unlock new value with AI.”