-26.70 (-1.55%) HCL Technologies and Deutsche Bank have entered into strategic partnership to transform the bank’s global cheque processing operations. Under the terms of the agreement, the company will build a cloud-based digital and fully scalable cheque processing platform for the bank. The new IT-platform is expected to go live in 2019.
The new cloud-based IT-platform will enable Deutsche Bank to further reduce the complexity of its IT-landscape, decrease cost, increase straight-through processing capabilities and efficiencies in cheques processing.
HCL Technologies is a leading global IT services company that helps global enterprises re-imagine and transform their businesses through digital technology transformation.