HCL Technologies Ltd

🚀 HCLTech & Thought Machine Partner to Modernize Banking with AI & Cloud

- HCLTech and Thought Machine announce a global partnership to modernize banks using AI and cloud technologies.

- Thought Machine's Vault platform will offer cloud-native core banking and payments technology.

- HCLTech will provide full-stack transformation services, including Vault-certified teams and global fintech CoEs.

- A dedicated global CoE for Vault Core and Vault Payments will deliver modular, real-time, and scalable solutions.

- The collaboration targets both established banks and new challengers for future-ready ecosystems.

- Randy McFarlane (Thought Machine) highlights digital-first adoption for banks.

- Sudip Lahiri (HCLTech) emphasizes autonomous banking via cloud, data, and AI.

- HCLTech has 223,000+ employees across 60 countries and reported $14B revenue (12 months ending June 2025).