HCL strengthens BFSI system integration portfolio

NEW DELHI, INDIA: HCL Infosystems announced the acquisition of Natural Technologies Pvt Ltd (NTPL).

With three decades of providing ICT Infrastructure solutions and services into the BFSI sector across the country, the acquisition of niche products from NTPL, will further help consolidate HCL’s leadership position in this sector.

JV Ramamurthy, COO, HCL Infosystems said, “This acquisition will strengthen our range of offerings into the BFSI segment and is part of our vision of ‘Transforming HCL.’

He further added that HCL will be developing the facility at Jaipur into a Banking ‘Center of Excellence.’ This center will build products for the cooperative and rural banking sector and the newly emerging financial inclusion sector.”

Ripu Dhaman, MD, NTPL said, “This collaboration between HCL Infosystems and NTPL will reinforce HCL’s focus on system integration in the BFSI domain through our niche banking infrastructure and bilingual solutions. We are a niche player in the banking software-related product segment and there exist great synergies between us in the BFSI segment. NTPL’s product range will enhance HCL’s existing range of offerings.”