Latest HCL Technologies News: Finextra Research

Financial Cloud Summit 2023: Strategising digital transformation and balancing trust with partners

To successfully engage in digital transformation in the transition to the cloud, financial firms are looking for creative methods to approach their cloud strategy. In doing so, companies are dealing with issues of cost, security, and scalability. The first stage of the conference explores how companies are making strategic on visibility, data ownership, cloud providers, and more.

02 March 2023

/wealth

HCL buys Avaloq implementation partner Confinale

The UK arm of India's HCL Technologies has agreed to buy Confinale, a Swiss digital banking and wealth management consulting specialist and Avaloq premium implementation partner. Financial terms were not disclosed.

09 May 2022

/cloud

SAP jumps aboard IBM Cloud for Financial Services.

German software giant SAP is onboarding two of its finance and data management solutions to IBM Cloud for Financial Services.

30 July 2021

/retail

Barclays Bank to transfer Lithuanian operations staff to HCL Technologies

Barclays Bank is to transfer 460 staff to HCL Technologies as part of an IT infrastructure partnership that will deliver a range of digital services to the bank's 80,000 employees globally.

04 December 2018

/payments

Deutsche Bank spies digital opportunity in cheque processing

Deutsche Bank is to migrate its labour intensive cheque processing operations to a digital, cloud-based platform run by India's HCL technologies.

05 November 2018

/retail

CSC and HCL to form core banking joint venture

CSC and India's HCL Technologies have signed a definitive joint venture agreement to form a banking software and services company addressing the multi-billion-dollar, global core banking software market.

31 July 2015

/retail

Deutsche Bank partners tech giants on innovation labs - WSJ

Deutsche Bank is working with tech firms IBM, Microsoft and HCL Technologies on plans to open innovation labs around the world, according to the Wall Street Journal.

17 November 2014

/wholesale

SGX inks IT infrastructure outsourcing deal with HCL

The Singapore Exchange (SGX) has signed a five year, S$110 million IT infrastructure outsourcing contract with India's HCL Technologies.

14 June 2010

/retail

More jobs to go at Lloyds as Equitable Life shifts business to HCL

More jobs are set to go at Lloyds as UK insurance house Equitable Life announces plans to transfer its outsourced policy administration business from the UK banking group to Indian IT firm HCL.

23 November 2009

/retail

Raiffeisen International outsources core banking development to Misys/HCL

Raiffeisen International is to outsource development and support of its core banking technology to Misys and Indian outsourcer HCL Technology.

25 November 2008

/wholesale

India's HCL to acquire Liberata Financial Services

Indian IT systems house HCL Technologies is to acquire the fixed assets of UK life and pensions outsourcer Liberata Financial Services for $2 million.

16 July 2008

/retail

HCL Technologies buys CapitalStream for $40m

Indian IT services outfit HCL Technologies has acquired CapitalStream, a US provider of front office automation technology to North American banks, in an all cash deal worth around $40 million.

20 February 2008

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