HCL Technologies inks definitive joint venture agreement with CSC

24 Jul 2015

HCL Technologies has inked a definitive joint venture agreement with CSC to form a banking software and services company. The joint venture will invest in platform modernization and product functionality enhancement and will capitalize on the proven capabilities of both companies in addressing the multi-billion-dollar, global core banking software market.

CSC, which currently serves over 100 premier banking and financial services clients in 15 countries, will provide its core banking, cards, payments and default management industry talent, software and product development expertise. HCL will provide capital investment, extensive experience in product engineering and application implementation services, as well as banking sales and client engagement expertise.

HCL Technologies is a leading global IT services company working with clients in the areas that impact and redefine the core of their businesses. 


Related HCL Technologies Ltd. Links:

HCL Tech. Share Price

955.70 -5.45 (-0.57%) Apr 23, 15:51
1 Year Price Chart
Peers
Company Name CMP
TCS 3113.00
Infosys 1333.00
HCL Tech. 955.70
Wipro 475.30
Tech Mahindra 951.90
View more..
Sensex vs HCL Tech.
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback