Temenos, the banking software company, and HCL Technologies (HCL), a leading global technology company, announced the signing of an exclusive strategic agreement for non-financial services enterprises. The agreement is exclusive for seven years.
As part of this agreement, HCL has been granted a license to develop, market and support Temenos multiexperience development platform (MXDP) for non-financial services enterprises.
Temenos said that the agreement with HCL will provide its existing non-financial services clients with world-class technology and the highest-levels of services and support.
Max Chuard, Chief Executive Officer, Temenos, said: “We are excited to announce this exclusive agreement with HCL, which ensures non-financial services clients have the best possible service and support, while allowing Temenos to focus on its core business of financial services. Under the agreement, non-financial services clients will continue to benefit from our significant R&D investment and innovation roadmap in the Quantum platform while HCL will bring world-class, cross-industry R&D and professional services.”
Darren Oberst, CVP and Head of HCL Software, added: “We have said from the beginning that HCL Software will grow its technology in a strategic way and will invest in innovation. We are pleased to forge this agreement with Temenos. Temenos’ multi-experience development platform is the market leader and very complimentary to our portfolio. We’re excited about what the future holds, and the value this will bring to non-financial services enterprises.”
HCL Software develops, markets, sells and supports over 20 product families in the areas of DevSecOps, Automation, Digital Solutions, Data Management, Marketing and Commerce and Mainframes. With offices and labs around the world, HCL Software serves thousands of customers driving ultimate customer success with IT investments through relentless innovation of its products.
Temenos Quantum’s multi-experience development platform helps corporations capture market share and improve client retention by delivering seamless, hyper personalized, AI-driven experiences faster across web, native apps, wearables, conversational and immersive touchpoints.
