HCL Technologies Ltd.

HCL Technologies’ wholly owned subsidiary -- HCL Technologies UK has completed the acquisition of 100% stake in Confinale AG, a Swiss digital banking and wealth management consulting company on May 31, 2022. Through this strategic acquisition, HCL will increase its footprint in the global wealth management market with emphasis on Avaloq consulting, implementation and management capabilities. The intellectual properties that are a part of this acquisition support HCL’s strategy to create specialized vertical domain capabilities and positions the company as a leader in end-to-end implementation and lifecycle management of the Avaloq platform.

HCL Technologies is a leading global IT services company that helps global enterprises reimagine and transform their businesses through digital technology transformation.