The partnership combines HCLTech’s deep industry expertise with AWS’s cloud capabilities to deliver impactful outcomes for financial services organisations.
The initiative is designed to address key challenges faced by financial institutions, including legacy infrastructure, siloed data, regulatory complexities, and the need for sustainable and scalable modernisation.
Commenting on the collaboration, Srinivasan Seshadri, Chief Growth Officer and Global Head of Financial Services at HCLTech, emphasised the importance of trusted partnerships in navigating the transformation lifecycle. He highlighted that the tie-up with AWS will help financial institutions modernise their systems, enhance customer experiences, and accelerate progress toward autonomous operations.
As part of the engagement, HCLTech will roll out a suite of pre-built, industry-compliant solutions targeted at modernising contact centers and improving digital engagement across core platforms in Banking, Wealth, and Insurance. The company will also provide strategic consulting for institutional clients, with newly designed Wealth and Banking solutions to be powered by AWS.
Commenting on their relationship with HCLTech and AWS, Vikram Dewan, CIO at Jefferies, said, “Our collaboration with HCLTech and AWS is driving new levels of agility and innovation, helping us modernise core financial platforms and unlock the full potential of cloud and AI for our business.”This collaboration builds on the long-standing relationship between HCLTech and AWS, and underscores a shared vision of delivering scalable, AI-driven innovations for the financial services industry.HCL Technologies shares closed 0.8% lower at Rs 1,600.70 on the BSE on Tuesday.
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