ISG Provider Lens™ Names HCL Technologies a Leader in Development of Next Gen Banking, Financial, and Insurance Applications

Deepthi | Myequity news | Date : 18-02-2019 13:05:00 IST

HCL Technologies (HCL), a leading global technology company, has been recognized as a leader in providing Next Gen Application Development and Maintenance (ADM) for the banking, financial service, and insurance (BFSI) sectors, according to 2018 ISG Providers Lens™ Quadrant Report. According to ISG, HCL has emerged as a leader among service providers, because of its rich toolset, strategic partnerships, and micro-verticalized focus in helping to create tailored BFSI solutions for its US clients.

Rahul Singh, President and Global Head of Financial Services at HCL Technologies
said, “We are pleased to be chosen as the leader in Next Gen Application Development and Maintenance (ADM) for the BFSI sectors. We are continually strivng to enhance HCL’s as-a-service offerings, grow partnerships with next gen (mode 2) technology firms and expand our services portfolio in key areas such as wealth, risk and compliance, payments, Digital and regulatory technology.”

“HCL can be a right partner of choice for financial enterprises looking for end-to-end ADM services with a focus on modernization, digitalization and cloudification,”
said Ashish Chaturvedi, Principal analyst, 15G. “HCL has developed a rich toolset that propagates a specialized approach to ADM services. For example, FENIX is an operating model specifically designed for the BFSI industry with cloud and digital transformation as its core goals.”

About HCL Technologies

HCL Technologies (HCL) is a leading global technology company that helps global enterprises re-imagine and transform their businesses through Digital technology transformation.

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