HCL Partners Microsoft to Launch Microsoft Cloud for Financial Services

HCL partners with Microsoft to provide a launch platform of Microsoft Cloud for Financial Services. Recently global IT giant Microsoft announced its new Cloud product and its deal with HCL technologies, another big tech company to make its launch possible.

Along with offering modernized core systems, differentiated customer experiences, improving productivity and collaboration among employees, and managing risks, Microsoft Cloud for Financial Services is empowered with multilayered security coverage.

According to the President of HCL Financial Services, Rahul Singh, HCL partners with Microsoft to leverage the experience and expertise of their HCL Financial Services Ideapreneurs in the domain for this futuristic innovative project of Microsoft.

He added that, with HCL partners Microsoft, their clients will enjoy the benefits of the new capabilities of Microsoft, and differentiating solutions developed by HCL, with the cooperation of clients and partners, leading to a synergic co-innovation effect.

HCL partners with Microsoft to build a solution named HCL’s PowerBanking product. This platform is capable of enabling customers to leverage the capabilities of Microsoft Cloud for Financial Services to its full potential.

It is developed to engage retail bank customers. To serve the retail banking in new customer scenarios, HCL Microsoft Ecosystem Unit (HCL MEU) will be working in the cooperation of clients to use components, for the current and future needs.

HCL Technologies has worked with some of the top financial service organizations including Danske Bank, Deutsche Bank, and ING. The IT giant will use its years of experience and expertise for the development of this cloud solution. This solution is expected to open new opportunities for innovations and growth.

According to Microsoft’s Corporate Vice President of Worldwide Financial Services, Bill Borden, HCL Technologies is among those partners which allow Microsoft to accelerate the digital transformation journey of its customers with enabling products like Microsoft Cloud for Financial Services.

He added that the cloud solution will allow the banking customers of HCL to innovate for sustainable growth, along with the trust and security of Microsoft.