HCL Technologies to help Finastra drive digital transformation in South Korea and Taiwan

HCL Technologies said that it has expanded its partnership with Finastra, a pure-play software vendor for the financial services industry, for driving digital transformation in South Korea and Taiwan.

As part of the partnership, the Indian IT services provider will tap its next-generation digital transformation and service capabilities for bringing Fusion Cash Management and Fusion Summit — two of the strategic products of Finastra to the financial services ecosystem in the region.

Sanjay Gupta — HCL Technologies Corporate Vice President said: “This partnership is not only a testament to HCL’s strong relationship with Finastra, but also to its growing presence in South Korea and Taiwan.

“Finastra’s strategic solutions coupled with HCL’s deep industry experience, will help institutions adapt and succeed in the changing ecosystem. This partnership will help HCL further accelerate its strategic presence in South Korea and Taiwan while strengthening its long-standing relationship with Finastra.”

HCL Technologies to help Finastra drive digital transformation in South Korea and Taiwan. Photo courtesy of Mohit Agarwal/Wikipedia.org.

Fusion Cash Management is said to help in driving the digital corporate banking experience for financial institutions across the globe. On the other hand, Fusion Summit is claimed to provide capital markets with a core trading solution that is functionally rich.

Denise Parker — Finastra Senior Vice President and Global Head of Partners and Ecosystem said: “Expanding our association with HCL will bring substantial benefits for financial services institutions in South Korea and Taiwan, which are looking to take the next technological step in cash management and capital markets.”

Recently, HCL Technologies forged a partnership with HANCOM, a South Korean software company, for sharing advanced software technology solutions apart from establishing a mutual bridgehead for overseas expansion.