‘Enhanced Collaboration Between HCLTech and apoBank’

HCLTech, a global technology company, has announced an expansion of its strategic partnership with Deutsche Apotheker- und Ärztebank eG (apoBank), Germany’s largest cooperative primary bank. This partnership will see HCLTech providing outcome-oriented managed services to apoBank, delivering resilient, scalable, high-quality, and compliant Digital Foundation services. These services will enable apoBank to offer fast and secure banking services to its customers.

Thomas Runge, COO and Member of Executive Board at apoBank, expressed his excitement about the expanded partnership with HCLTech. He highlighted HCLTech’s world-class capabilities in IT infrastructure, Cloud managed services, as well as their expertise in Avaloq, making them the ideal partner for apoBank.

Sudip Lahiri, Executive Vice President and Head of Financial Services, Europe at HCLTech, emphasized the significant expansion in the relationship with apoBank. He mentioned that HCLTech looks forward to leveraging their managed infrastructure and cloud services portfolio, along with their experience with Avaloq, to help apoBank better serve its customers.

HCLTech is a strategic partner of Avaloq, a leading provider of banking technology and services. In 2022, HCLTech acquired Confinale, a digital banking and wealth management consulting specialist and Avaloq implementation partner, further strengthening its expertise in this area.

Overall, the expanded partnership between HCLTech and apoBank signals a commitment to delivering top-notch digital banking services to customers in Germany and beyond.