HCLTech partners with AWS to roll out autonomous, AI-powered solutions for financial institutions

IT services company HCLTech Ltd on Tuesday (November 25) said it has entered into a strategic collaboration agreement with Amazon Web Services (AWS) aimed at accelerating transformation across the financial services industry through autonomous, AI-powered solutions.

The collaboration brings together HCLTech’s deep domain expertise and AWS to deliver transformative outcomes for financial services organisations

HCLTech will launch a suite of pre-built, industry-compliant solutions aimed at modernising contact centers, enhancing digital engagement and streamlining core platforms across Banking, Wealth, and Insurance.

The company will provide strategic consulting for institutional clients, with new solutions in Wealth and Banking set to be powered by AWS—reinforcing its commitment to delivering autonomous financial services at scale.

Also Read: HCLTech renews multi-year digital transformation deal with Swedish transport-equipment manufacturer

Srinivasan Seshadri, Chief Growth Officer and Global Head of Financial Services at HCLTech, said, "We understand that a digital journey is of strategic importance, and the need of the hour is for a trusted partner that can engage across the transformation lifecycle.

Financial institutions face increasing pressure to modernise their systems, deliver exceptional customer experiences, and meet sustainability requirements, and many struggle with legacy infrastructure, siloed data,

and complex regulatory requirements."

This collaboration builds on the long-standing relationship between HCLTech and AWS to help financial institutions modernise their core systems and enhance customer experiences through AI-powered solutions.

"This strategic collaboration combines AWS's deep financial services expertise and scalable cloud infrastructure with HCLTech's consultative approach and flexible delivery models to help our customers accelerate their digital modernisation," said Scott Mullins, Managing Director of Worldwide Financial Services at AWS.

Also Read: HCLTech Q2 Results: Revenue up 10.7% year-on-year, EBIT margin and revenue guidance unchanged

Shares of HCL Technologies Ltd ended at ₹1,600.70, down by ₹13.25, or 0.82%, on the BSE.