HCL Technologies Ltd.

BSE: 532281 | NSE: HCLTECH
Large Cap | IT - Software
1716.15
17.25 (1.02%)
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HCL Technologies, apoBank expand strategic partnership

Date: 11-06-2024

HCL Technologies (HCL Tech) and Deutsche Apotheker- und Arztebank eG (apoBank) have expanded its strategic partnership. HCLTech will accompany apoBank with an outcome-oriented managed services model that delivers resilient, scalable, high quality and compliant Digital Foundation services, enabling apoBank to deliver fast and secured banking services to its customers.

HCLTech is a strategic partner of Avaloq, a leading provider of banking technology and services, and has strong expertise with Avaloq’s core banking system. In 2022, HCLTech acquired Swiss company Confinale, a digital banking and wealth management consulting specialist and Avaloq implementation partner. apoBank became a HCLTech client in 2021 through a partnership in application services. The new contract will result in a significant expansion in the relationship.

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