Computer Science Corporation (CSC) & Hindustan Computer Limited (HCL) to big IT companies have signed an agreement to form a new company to provide the technology services and solutions to the banking industry. In this joint venture statement the partners said that their main target will be on platform-modernisation, product-functionality enhancement and to capitalise their capabilities in addressing the global core banking software market. According to this agreement CSC that serves in 15 countries with 100 premier banking and financial services clients, will provide its core-banking expertise for software & product development. Where as HCL will provide funds, it’s banking sales and client engagement expertise and also its experience in product engineering & application implementation services in order to modernise the banking industries. The 2 entities have agreed to work in accordance to meet the increasing demands for data analytics services, regulatory compliance and multi channel deployments from banking industries.
About CSC:
Computer Science Corporation established in 1959 is an American MNC having presence in 70 countries that provides IT services and professional services. CSC has consistently maintained its presence in Fortune 500 company list since 1995 and has bagged 185th rank in 2014 list.
About HCL:
Hindustan Computer Limited incorporated in 1991 by Shiv Nadar and Arjun Malhotra is an Indian global Information Technology services company that provides services across 31 countries in software consultation, as an independent software vendor, remote infrastructure management, Life science & Health care, logistics and many other service sectors. It is among Forbes Asia’s Fab 100 companies. HCL is also among the India’s Top 20 largest publicly traded companies.
HCL & CSC signed agreement to provide technology services, solutions to banking industry
No comments:
Post a Comment