Misys (FTSE: MSY.L), and HCL Technologies (HCL) have agreed to expand their strategic partnership.
The original partnership was announced on 30 October 2007 to open new markets and drive innovation in high growth economies in India, Singapore and Malaysia.
Following the success of this alliance, Misys and HCL have now agreed to expand the partnership to the Americas, Europe and the rest of the Asia Pacific region.
The companies have signed a Go to Market agreement, at a signing ceremony at HCL's prestigious Global Meet Conference in Orlando, Florida.
Mike Lawrie, Chief Executive of Misys plc commented; "Today we are announcing that we are building on the successful partnership with HCL. This key strategic partnership allows us to continue to deliver real value to our customers giving them access to leading products and solutions in the financial services market."
Vineet Nayar CEO of HCL added; "Within this expanded relationship, HCL and Misys will deliver even greater value to their customers and prospects in the global financial services market. With quality and depth of service especially important in the current economic climate, this is an important development for both companies and their customers."