HCL will support Microsoft Cloud for Financial Services during strategic launch

HCL Technologies, a popular name in the global tech segment, has recently made an announcement that it has become a launch partner for Microsoft’s recent effort Microsoft Cloud for Financial Services. HCL has stated that the company is bringing together various capabilities for the latest effort from Microsoft, and it will provide comprehensive compliance coverage along with multilayered security options. This is mainly being done to improve the collaboration between employees, improve productivity, provide a better experience for customers, modernize the core systems, and manage risk.

President of HCL’s Financial Services, Rahul Singh, has stated that the company is keen on participating in this initiative is mainly due to the fact that it will allow Ideapreneurs of HCL to make their domain expertise in a hyperscale foundation that is futuristic. HCL’s PowerBanking product will make use of the available features of  Microsoft Cloud for Financial Services. This provides better comprehensive scenarios for the customers of retail banks. Bill Borden, Corporate VP of Microsoft’s Worldwide Financial Services, has stated that their companies play a crucial role in promoting the digital transformation goals of their customers. The company is looking forward to making use of its expertise in the retail banking segment to promote innovation for growth.