HCLTech and Temenos deepen partnership to accelerate digital transformation in the banking industry | HCLTech
Press Release

HCLTech and Temenos deepen partnership to accelerate digital transformation in the banking industry

Published Date
5 min. read
Published Date
5 min. read

GENEVA and NOIDA, India, April 12, 2023: HCLTech, a leading global technology company, and Temenos, a leading banking software company, have expanded their partnership to accelerate the digital transformation of banks and other financial institutions.

The latest collaboration brings together the extensive cloud hosting, implementation and integration capabilities of HCLTech and Temenos’ open platform for composable banking and its state-of-the-art enterprise solutions that include core banking, digital banking and wealth management.

Together, HCLTech and Temenos will enable banks and other financial institutions to progressively modernize at scale, accelerate their digital transformation and support their transition to the cloud to help them deliver omnichannel customer experience. HCLTech has a strong track record of delivering digital transformation services, including cloud migration, application modernization and customer experience design, to some of the world’s leading financial institutions. The company is positioned to support its clients with end-to-end implementation, encompassing program management, consulting, integration, data migration, quality assurance, upgrade and organization change management.

“We are delighted to double down on our successful partnership with Temenos to enable financial institutions adapt to the digital-first economy and evolving customer preferences. The HCLTech-Temenos collaboration brings best-in-class capabilities to clients in the financial services industry, backed by proven track record and trust,” said Sudip Lahiri, Executive Vice President and Head – Europe, Financial Services, HCLTech.  

Ross Mallace, Executive Vice President, Global Head of Partners, Temenos said: “We are delighted to extend our partnership with HCLTech, a proven partner for delivering strategic transformations of complex, mission-critical systems for financial services firms. Temenos’ cloud-native banking platform combined with HCLTech’s expertise will help banks of all sizes to accelerate modernization timelines, reduce total cost of ownership and sustainably grow their business.”  

HCLTech and Temenos are already partnering to serve several global banks and have set up the HCLTech-Temenos Center of Excellence, which has over 250 subject matter experts. HCLTech plans to continue investing in the partnership with a vision to become one of the largest global partners in services for Temenos’ solutions.

About Temenos 

Temenos (SIX: TEMN) is the world’s leading open platform for composable banking, creating opportunities for1.2 billion people around the world every day. We serve 3000 banks from the largest to challengers and community banks in 150+ countries by helping them build new banking services and state-of-the-art customer experiences. The Temenos open platform helps our top-performing clients achieve return on equity three times the industry average and cost-to-income ratios half the industry average. For more information, please visit www.temenos.com

About HCLTech

HCLTech is a global technology company, home to 222,000 people across 60 countries, delivering industry-leading capabilities centered around digital, engineering and cloud, powered by a broad portfolio of technology services and products. We work with clients across all major verticals, providing industry solutions for Financial Services, Manufacturing, Life Sciences and Healthcare, Technology and Services, Telecom and Media, Retail and CPG, and Public Services. Consolidated revenues as of 12 months ending December 2022 totaled $12.3 billion. To learn how we can supercharge progress for you, visit hcltech.com.

For more information, please contact:


Michelle Rico, Americas


Elka Ghudial, EMEA


James Galvin, ANZ


Devneeta Pahuja, India and APAC



Contact Us

Ashutosh Sharma
Michelle Rico
Elka Ghudial
James Galvin
Siddhartha Bhatnagar

Other Press Releases

NSDC and HCLTech to accelerate Skill India Digital vision
NSDC and HCLTech inked strategic partnership for co-creation and adoption of innovative products to power the Skill India Digital platform
Accelerating Banco do Brasil’s digital transformation with Salesforce
HCLTech to deploy Salesforce CRM for Banco do Brasil in one of the largest CRM projects implemented in Latin America
HCLTech partners with Athabasca University for apprenticeship program in Canada
The partnership will enable eligible employees to pursue a university-level STEM program while working with HCLTech in Canada
Leader in ACES Automotive Engineering Services
HCLTech recognized as a leader in Everest Group's ACES Automotive Engineering Services PEAK Matrix® Assessment 2023
HCLTech delivers a quarter of strong execution and record deal bookings
HCLTech, a leading global technology company, today announced its financial results for the quarter ended September 30, 2023.