HCL Technologies to create digital services lab with Euroclear

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HCL Technologies to create digital services lab with Euroclear

Tech major HCL Technologies HCL announced on Tuesday that it was a new multi-year application deal with Euroclear Group to accelerate its transformation journey with technologies and working practices to improve its digital capabilities. HCL said it will capitalise on its deep-domain knowledge and vast experience of driving transformation with other financial services clients. The lab will create an entrepreneurial environment to explore emerging technologies and trends and apply them to create new products and services.

Sudip Lahiri, senior vice president and head of financial services, Europe, HCL Technologies said, "We are delighted that Euroclear has chosen HCL to be its strategic partner in such a visionary transformation.

This deal is a great endorsement of HCL's proven experience in delivering value for clients by co-creating new services and harnessing data to drive innovation and diversification. Our partnership-driven approach will foster a culture of continuous improvement for the business of Euroclear, said Lahiri. HCL's Mode 1 -- 2 -- 3 strategy aims to enable businesses to transform into next-gen enterprises.