HCL Technologies (HCL) has expanded its strategic relationship with Barclays. In addition to HCL being named as Barclays’ preferred partner for IT infrastructure services, the two companies will commit to building the partnership globally, with particular opportunities regarding digital workplace services.
HCL will leverage its significant investments in AI and automation, including its award-winning automation platform DryICE, to transform the user experience for more than 80,000 Barclays employees across 26 countries. HCL will also be providing mainframe services to Barclays.
As part of the deal, it is intended that approximately 460 Barclays employees in its Operations Center in Lithuania will transfer to HCL, which promises to start a new era of technology centers in Lithuania. The agreement with HCL forms the basis of the Barclay’s decision to conclude its operations in Lithuania, with remaining employees being offered redundancy. The contract between HCL and Barclays is yet to be executed pending banking regulatory notification, both companies hope to conclude the deal during the first quarter of 2019.
HCL Technologies is a leading global IT services company that helps global enterprises re-imagine and transform their businesses through digital technology transformation.