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News >> Technology >>
HCL Tech arm, Cicada ink pact
By siliconindia staff writer
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Wednesday, 16 June 2004, 19:30 IST
NEW DELHI : DSL Software, a subsidiary of IT major HCL Technologies, on Tuesday entered into a partnership with Cicada Corp to tap the banking and financial solutions market.
The tie-up is aimed at putting together a comprehensive range of service offerings to position DSL as an end-to-end service provider in the banking and financial solutions space, an HCL release said here.
"This alliance is a certain fit because we combine our technology and operations expertise with the data management capabilities of Cicada. Both companies have in-depth knowledge of the financial industry which is an added advantage," CEO of DSL Software, Ram Krishna, said.
DSL Software, the Bangalore-based investment banking technology and operations arm of HCL Tech, provides technology solutions to the banking community while Cicada provides data management services to financial institutions.