At a signing ceremony witnessed by New Zealand Prime Minister Rt. Hon. John Key in Delhi, HCL Technologies Ltd. (HCL), a leading global IT services provider, announced an extension of the global partnership with New Zealand finance and banking specialist and one of Australasia's leading proprietary Banking and Finance software solution companies Finzsoft Solutions Limited to deliver new high-value technology solutions to the region's banking and finance sector.
Consolidation, technology advances, and global commerce have intensified the competition in the financial services industry. As the demand for innovative products and services continues to increase, there is a significant transformational opportunity with large financial services firms, many of whom are in the process of upgrading their ageing legacy infrastructures as well as embracing new customer-oriented solutions, such as mobility applications and cloud computing services.
"Both companies already have a strong banking customer base within the APAC region and the goal is to continue capitalizing on this market share as well as expand our collective businesses in both developed and developing markets," said Rajiv Sodhi, Sr. Corporate Vice-President & Chief Customer Officer, HCL Technologies.
"This extension of our global Partnership further recognizes Finzsoft's proprietary Sovereign product as a leading, competitive and transformational world-class tier one banking and finance solution," said Andrew Holliday Director, Finzsoft Solutions Ltd.
New Zealand Prime Minister John Key, who witnessed the signing between HCL and Finzsoft, is currently heading a business and government delegation, in a sign of New Zealand’s increasing commitment to India.
