HCL Technologies Ltd (HCL), a leading global IT services provider, has entered strategic partnership with Callatay & Wouters (C&W), a leading provider of innovative IT solutions and services to retail, private, and direct banks.
The partnership will be focused on delivering C&W's proven multi-channel core banking solution Thaler, on SAP and z/OS, to retail banks globally. This will provide a centralised, enterprise-level repository for customer information, allowing them to improve customer service, compliance and operational efficiency, while also providing scalability to support business growth.
The alliance will combine HCL's deep systems integration, product implementation, consulting and support expertise with C&W's multi-channel offering, which can be run as an integrated end-to-end solution to cover the entire range of core-banking activities or on a modular basis to support individual lines of business.
On Thursday, HCL Technologies' shares ended 1.07% up at Rs367 on the Bombay Stock Exchange, while the benchmark Sensex closed 1.59% up at 16,922 points.
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