HCL Technologies has signed a five-year, application support transformation deal with Deutsche Bank's Capital Markets arm.
The multi-million dollar deal comes as Deutsche Bank looks to move away from a traditional applications support model to a set of unique process driven services governed by global standards like Information Technology Infrastructure Library (ITIL) and LEAN.
The programme will result in significant vendor consolidation. “As HCL Technologies enters its tenth year of its strategic relationship with Deutsche Bank, our engagement has evolved and matured into one of unshakeable trust. This deal is one of the significant milestones in the strategic roadmap that has been charted by the company and we are delighted to continue along this journey with Deutsche Bank,” says Parag Samarth, executive vice president, strategic accounts, HCL Technologies.
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