India’s HCL Technologies (HCL), a multinational information technology company, and UK’s Finastra Limited, a fintech company, have prolonged their partnership to facilitate a digital revolution in South Korea and Taiwan.
HCL and Finastra collaborate in South Korea and Taiwan
As a part of the arrangement, the Indian company will utilize its novel digital transformation and next-gen service capacities to complement Finastra’s products – Fusion Summit and Fusion Cash Management. These digital services and products will be introduced in the financial sectors of South Korea and Taiwan.
Fusion Cash Management influences the banking experience of the digital corporate sectors around the globe. Fusion Summit delivers rich core trading services for capital markets.
Sanjay Gupta, Corporate Vice President at HCL Technologies, stated that the Finastra partnership not only serves as evidence of the strong ties between the two companies but also to the maturing presence of the companies in the South Korean and Taiwanese geography. Finastra’s strategic ideas along with HCL’s vast industry knowledge will allow the firms to blend into the changing ecosystem of South Korea and Taiwan. The partnership will also allow the company to enhance its strategic involvement in the South Korean and Taiwanese markets whilst cementing its goodwill towards Finastra.
Denise Parker, Senior Vice President and the Global Head of Partners and Ecosystem at Finastra, stated that the growing association between the two firms will bring long-term benefits for financial services establishments in South Korea and Taiwan. The latter is seeking to enhance its cash management and capital markets with modernized technology.
HCL Technologies Ltd‘s share price was last seen trading in the Bombay Stock Exchange at INR 1,238.30. Previously, the share price was valued at INR 1,207.60. The number of shares traded during the day was 163,091 in more than 7,103 trades.