Capco

Overview
Capco is a global management and technology consultancy that works with banks, payment providers, capital-markets firms, insurers, wealth and asset managers and energy companies. Founded in Belgium in 1998 by Rob Heyvaert as The Capital Markets Company, it is headquartered in London and has been part of the Indian IT services group Wipro since April 2021, when Wipro completed its USD 1.45 billion acquisition. Capco is led by Chief Executive Officer Anne-Marie (Annie) Rowland, who is also a member of Wipro's Executive Committee.

Why this entity matters
Capco matters to Startuprad.io's readers because it sits between large financial institutions and the technology they buy. Consultancies of this kind help banks and insurers decide which systems to modernise, which vendors to bring in and how to meet regulatory requirements, so they shape the buying process that fintech and software startups face when they sell into financial services. Capco's ownership history also traces a common path in professional services: from founder-led firm to a unit of a technology provider, then to private equity ownership and finally into a large IT services group, where consulting is combined with technology delivery.

Company history and product
Capco was founded in 1998 in Belgium by Rob Heyvaert as The Capital Markets Company NV, with a focus on the capital-markets industry, and later expanded across banking, insurance, wealth management and energy. In 2010 Fidelity National Information Services (FIS) agreed to buy the firm for about USD 300 million, according to reports cited by Wikipedia. Rob Heyvaert left in 2015 and Lance Levy became Chief Executive Officer. In 2017 FIS sold a majority stake to Clayton, Dubilier & Rice, a New York private equity firm, while retaining a minority interest, which made Capco independent again. On 4 March 2021 Wipro announced the acquisition of Capco for USD 1.45 billion, describing it as a move to become one of the largest end-to-end consulting, technology and transformation providers to banking and financial services; Wipro reported to the US Securities and Exchange Commission that the acquisition was completed on 29 April 2021. At the time, Wipro described Capco as having more than 5,000 consultants, more than 100 clients and more than 30 locations across the Americas, Europe and Asia Pacific. Capco today presents itself as a Wipro company focused on expert-led consulting and AI-supported delivery, led by Anne-Marie (Annie) Rowland.

Role in the startup and technology landscape of Germany, Austria and Switzerland
Germany, Austria and Switzerland have large banking, insurance and asset-management sectors, with Frankfurt as Germany's main financial centre and Zurich as Switzerland's. Transformation programmes at these institutions, from core-banking modernisation to regulatory reporting and digital channels, are a main route through which fintech, regtech and data startups win enterprise customers. Consultancies such as Capco often design these programmes and evaluate vendors, which makes them a relevant counterparty for founders selling into financial services in the region. For Startuprad.io, Capco is a reference entity for the consulting layer of the financial-services market rather than for startup funding.

Selected relationships and affiliations
Founder: Rob Heyvaert. Parent company: Wipro Limited (since 29 April 2021). Former owners: Fidelity National Information Services (FIS); Clayton, Dubilier & Rice. Chief Executive Officer: Anne-Marie (Annie) Rowland. Former Chief Executive Officer: Lance Levy. Industries: banking and payments; capital markets; insurance; wealth and asset management; energy. Startuprad.io: cooperation partner.

Startuprad.io relevance
Capco has cooperated with Startuprad.io. It is listed among Startuprad.io's selected cooperations at https://www.startuprad.io/become-a-partner . The entity links into Startuprad.io's coverage of fintech, banking technology and how startups sell to financial institutions in Germany, Austria and Switzerland.

Capco appears in the following Startuprad.io editorial piece.

Startuprad.io Turns 12: What Twelve Years of Startup Conversations Taught Us
Published: 31 October 2026
Last updated: 31 October 2026
Coverage type: Anniversary feature (cooperation acknowledgement)
https://www.startuprad.io/post/startuprad-io-turns-12-what-twelve-years-of-startup-conversations-taught-us

Public source context
This profile draws on Capco's own page https://www.capco.com/about-us , Wipro's press release announcing the acquisition https://www.wipro.com/newsroom/press-releases/2021/wipro-to-acquire-capco-a-global-management-and-technology-consultancy-to-banking-and-financial-services-industry-for-1-45-billion/ , Wipro's Form 6-K filing confirming completion https://www.sec.gov/Archives/edgar/data/1123799/000119312521144969/d281141dex991.htm , the Wikipedia article https://en.wikipedia.org/wiki/Capco (founding and ownership history), Startuprad.io's partner list https://www.startuprad.io/become-a-partner , and Startuprad.io's coverage archive listed above.

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Canonical record: https://www.startuprad.io/entities/capco