HCLTech has entered into a new partnership with AWS to advance the financial services sector through AI and core modernization.

This collaboration aims to deliver secure and optimized outcomes for financial institutions, enhancing their capabilities in various areas.

HCLTech plans to introduce a range of pre-built solutions tailored to meet industry standards. These will include modernizing contact centers, improving digital interactions, and refining core systems across banking, wealth management, and insurance sectors. Additionally, HCLTech will offer strategic advisory services for institutional clients, with AWS-powered solutions in wealth and banking expected to play a key role.

Addressing Industry Challenges

Several financial institutions face challenges such as modernizing legacy systems, improving customer experiences, and complying with regulatory requirements. HCLTech’s partnership with AWS is designed to tackle these issues by providing customized solutions that leverage both companies’ expertise.

The initiative focuses on increasing agility and driving innovation, particularly in core financial platforms. By combining AWS’s robust cloud infrastructure with HCLTech’s advisory services, customers can accelerate their digital transformation while maintaining high standards of security and compliance.

This partnership continues the longstanding collaboration between HCLTech and AWS to modernize financial systems and optimize customer experiences using secure AI technologies.