HCL Technologies ties up with UK's Misys

NEW DELHI: HCL Technologies and Misys of UK have entered into a partnership to jointly market key Misys’ banking, treasury and capital markets solutions in India, Singapore and Malaysia. The agreement will be valid for five years.

“Top banks have already made their decision on technology front. But there are a number of regional banks, which still need to go for technology that can make them more efficient. So, there is a lot of opportunity in growing economies,” Misys chief executive Mike Lawrie told newspersons.

HCL and Misys together will create an upgrade solution centre to help Mysis customers migrate to latest versions of the software. The UK software firm will also collaborate with HCL to accelerate the delivery of new products and efficiently maintain existing products.

In banking, treasury and capital markets, Mysis has over 1,200 customers, including all the world’s top 50 banks, the company said.

“The partnership may be extended to healthcare,” said Mr Lawrie. In healthcare, Misys has a significant presence, serving over 110,000 physicians worldwide.