CSC and HCL form joint venture for banking software and services

IT companies CSC and HCL Technologies have signed an agreement to form a banking software and services company to provide technology services and solutions to the banking industry. The jointly-owned banking software and Services Company will invest in platform modernization and product functionality enhancement and address the multi-billion-dollar core banking software market.

CSC, which currently serves over 100 banking and financial services clients in 15 countries, will provide its core banking, cards, payments and default management industry talent, software and product development expertise. While HCL will provide capital investment, extensive experience in product engineering and application implementation services, as well as banking sales and client engagement expertise.

About HCL

HCL Technologies Limited is an Indian global IT services company.

Founder: Arjun Malhotra, Shiv Nadar

Headquarters: Noida (India)

Founded: November 12, 1991

Parent organization: HCL Enterprise

HCL is the first company in India to launch a PVC & BFR free laptop in January 2010 & an Antimony & Beryllium Free Laptop.

About CSC

Computer Sciences Corporation (CSC) is an American multinational corporation that provides IT   services and professional services. CSC is the largest software company in the United States and the first software company to be listed on the American Stock Exchange.

Founded: April 1959

Founder:  Roy Nutt, Fletcher R jones

Headquarters: Falls Church, Virginia (United States)

GK QUESTION

Who is the CEO of HCL Technologies Ltd?

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Answer – Anant Gupta

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