HCL Technologies to Acquire Confinale to Increase Footprint in Wealth Management Market.

MANews-(C)2009-2022

UK-based technology company HCL Technologies UK Ltd. has agreed to acquire Switzerland-based digital banking and wealth management consulting specialist Confinale AG, to increase footprint in the global wealth management market, the company said.

HCL Technologies UK Ltd. is a wholly owned subsidiary of India-based technology company HCL Technologies.

Terms of the acquisition were not disclosed and are subject to customary closing conditions, which is expected to be completed in due course.

Founded in 2012, Confinale, an Avaloq Premium Implementation Partner, focusses on IT...

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