HCLTech Acquires Singapore's Finergic Solutions to Boost Wealth Management

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CNBC TV18•23-01-2026, 20:39
HCLTech Acquires Singapore's Finergic Solutions to Boost Wealth Management
- •HCLTech signed a definitive agreement to acquire Finergic Solutions Pte Ltd, a Singapore-headquartered wealth consulting firm.
- •The acquisition aims to strengthen HCLTech's digital transformation offerings for the wealth management industry.
- •Finergic Solutions, founded in 2019, specializes in core banking and wealth management transformation with a global presence.
- •The integration will combine Finergic’s niche capabilities with HCLTech’s scale to enhance service delivery, including AI-native workflows.
- •The transaction is expected to close by April 30, 2026, with HCLTech shares closing up 0.21% on the announcement day.
Why It Matters: HCLTech's acquisition of Finergic Solutions will significantly enhance its wealth management digital services.
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