Capgemini, HSBC extend partnership

BANGALORE, INDIA: Capgemini today announced that it has renewed its partnership with HSBC for continued collaboration with HSBC’s Global Technology Centers.

The renewal enables HSBC to use 4,500 man-years of Capgemini resources by the end of 2010.

“By collaborating with HSBC’s Global Technology Centers, we will provide HSBC with additional insights on increasing efficiency and limiting expenditures,” said Roy K Stansbury, global account lead for HSBC and head of global sales, Capgemini’s Financial Services Strategic Business Unit.

“Renewing our relationship with Capgemini accelerates the benefits of the global delivery model, paving the path for amplified productivity, predictability and speed,” said John Carr, chief operating officer, HSBC Technology Services.

Capgemini has been providing support to HSBC in businesses like Consumer Lending, Credit Cards, Group Consumer Finance, and Insurance for the past 17 years.