HCLTech announced it has signed a definitive agreement to acquire Finergic Solutions Pte Ltd, a Singapore-headquartered boutique wealth consulting firm focused on core banking and wealth management transformation.
Founded in 2019, Finergic advises financial institutions on transformation strategy, consulting, and wealth architecture, with an established global presence. HCLTech said combining Finergic’s niche capabilities with HCLTech’s scale is expected to strengthen service delivery and create additional synergies across financial services and wealth management programs.
HCLTech said the acquisition will build on its more than 25 years of experience serving financial institutions and accelerate the delivery of next-generation, platform-enabled wealth management solutions using AI native workflows. The company added that Finergic’s capabilities will complement its existing work supporting clients on Temenos products, including more than 40 global banks.
KEY QUOTES
“With Finergic’s focused domain expertise, HCLTech is strategically positioned to strengthen its digital services capabilities in wealth management. This transformative transaction enables us to deliver advanced capabilities, foster innovation and unlock substantial synergies—empowering our clients to realize greater business outcomes across the financial services landscape.”
Srinivasan Seshadri, Chief Growth Officer and Global Head – Financial Services, HCLTech
“Over the past several years, Finergic has built a strong reputation in delivering core banking and wealth management transformation programs. Our end-to-end solution capabilities, supported by a highly experienced and skilled team, positions us uniquely within the industry. We are delighted to become a part of HCLTech’s amazing growth journey and mark an exciting new chapter for the team at Finergic,”
“Our shared vision for the transformation of the financial services industry and complementary strengths position us to deliver even greater value to enterprises and create new opportunities for our people.”
Ganesh Swaminathan, Saravanan Kandaswamy and Senthil Kumar Sekar, Co-founders, Finergic
