CSC, HCL Forge Banking Software Services JV; Anant Gupta, Mike Lawrie Comment

acquisitionComputer Sciences Corp. and HCL Technologies have formed a banking software and services joint venture with the goal of helping clients modernize their platforms.

CSC will combine its banking, cards, payments, software and product development with HCL’s product engineering and application implementation services to establish the business, the companies said Thursday.

Anant Gupta, president and CEO of HCL Technologies, said the joint venture aims to meet the banking customers’ modernization and regulatory compliance requirements.

CSC also intends for the new business to grow its core banking and cards platforms Hogan and CAMS as part of the Celeriti offerings.

“With this new venture, CSC will team with HCL to deliver best-of-breed technology services and solutions to the banking industry,” said Mike Lawrie, president and CEO of CSC.

You may also be interested in...


Boeing to Exhibit Space Tech Platforms at 2020 IAC Virtual Event

Boeing will present its crew transportation vehicle, heavy-lift rocket and space plane during the virtual edition of a three-day International Astronautical Congress event slated to kick off Monday.


Carahsoft to Offer Attestiv Media Validation Tool to Gov’t Market

Carahsoft Technology has agreed to market Attestiv's media authentication and detection products to public sector customers through its contract vehicles and reseller partners.

John-Paul Hemingway CEO SES Networks

SES Networks’ John-Paul Hemingway Eyes New Revenue Stream in Microsoft Partnership

John-Paul Hemingway, CEO of SES Networks, said a partnership agreement with Microsoft to integrate connectivity and cloud service offerings would give new sources of revenue and opportunities in customer base at the satellite communications firm.