HCLTECH

Expands Wealth Tech Play 🚀💼

HCL Technologies’

wholly owned subsidiary, HCL Singapore Pte, has completed the acquisition of 100% stake in Finergic Solutions Pte, a Singapore-headquartered firm specializing in core banking and wealth management transformation. Founded in 2019, Finergic has built a strong global presence and focuses on delivering consulting, transformation strategy, and wealth-architecture solutions for financial institutions. The acquisition is expected to strengthen HCLTech’s capabilities in the financial services and wealth management space, combining Finergic’s niche expertise with HCLTech’s global scale and 25+ years of experience serving leading financial institutions. The integration will help accelerate the delivery of next-generation, AI-enabled wealth management platforms, while further enhancing HCLTech’s support for clients using Temenos banking products, including more than 40 global banks. HCL Technologies primarily provides IT and business services, engineering and R&D services, and modernized software products with IP-led offerings, serving enterprises worldwide across multiple industries.