HCL Technologies (HCL) and Misys plc, today announced a strategic partnership to open newmarkets and drive innovation, quality improvements and speed to market for key Misys financial services solutions in high growth economies.
There exist three key elements to this new partnership: HCL selects Misys as its preferred banking software partner; the joint creation of an upgrade solution centre to expedite upgrades; flexible global sourcing model for development to improve quality and speed to market and gain access to HCL’s world leading business processes and skills.
“This is an exciting day for HCL, we have selected Misys as our preferred software vendor because of their track record and deep understanding of the financial services software market. Misys’ award winning solutions coupled with our proven business process expertise and market position make this a strong combination that will drive value for financial institutions in India and other key growth economies. In addition having Misys put their trust in us for services and development capability is a great endorsement of our strategy to deliver value add services for key global players,” says Shiv Nadar, chairman and chief strategy officer, HCL Technologies Ltd.
“This is another step in the re-building of Misys to deliver value for our customers in a faster and more efficient way. Partnering with HCL, who have an unrivaled track record and are clear leaders in their field, provides a significant opportunity to leverage their skills and proven expertise to gain access to one of the world’s great growth economies. The upgrade solution centre and flexible development resource will enable us to move more quickly and deliver greater value for customers and shareholders,” adds Mike Lawrie, chief executive, Misys plc.