HCLTech Partners with ASN Bank for Digital Transformation

HCL Technologies (HCLTech) has been selected as a strategic partner by ASN Bank, the fourth-largest retail bank in the Netherlands. This multi-year agreement aims to support ASN Bank's 'Simplify and G...

HCL Technologies (HCLTech) has been selected as a strategic partner by ASN Bank, the fourth-largest retail bank in the Netherlands. This multi-year agreement aims to support ASN Bank's 'Simplify and Grow' strategy by modernizing and standardizing its IT architecture, consolidating IT services, and simplifying the vendor landscape. HCLTech will manage ASN Bank's enterprise applications and streamline services through a distributed delivery model to enhance efficiency and customer experience. Michel Ruijterman, CIO of ASN Bank, highlighted HCLTech's proven track record in delivering scalable, innovative solutions for the financial services sector, enabling ASN Bank to confidently advance its strategic goals. Sudip Lahiri, EVP and Head of Financial Services for Europe at HCLTech, stated that this collaboration aligns HCLTech's engineering mindset and domain-led solutions with ASN Bank's strategic objectives, promising tangible impact and long-term value. This partnership also signifies a significant step for HCLTech in expanding its presence within the Dutch banking sector.

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Why is HCL Technologies Limited in the news today?

HCL Technologies Limited (HCLTECH) is in the news due to the announcement details a new strategic partnership with a significant client in the financial services sector, indicating business growth and successful client acquisition for hcltech.

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HCLTech Partners with ASN Bank for Digital Transformation

December 17, 2025, 10:46 AM

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HCL Technologies (HCLTech) has been selected as a strategic partner by ASN Bank, the fourth-largest retail bank in the Netherlands. This multi-year agreement aims to support ASN Bank's 'Simplify and Grow' strategy by modernizing and standardizing its IT architecture, consolidating IT services, and simplifying the vendor landscape.

HCLTech will manage ASN Bank's enterprise applications and streamline services through a distributed delivery model to enhance efficiency and customer experience. Michel Ruijterman, CIO of ASN Bank, highlighted HCLTech's proven track record in delivering scalable, innovative solutions for the financial services sector, enabling ASN Bank to confidently advance its strategic goals.

Sudip Lahiri, EVP and Head of Financial Services for Europe at HCLTech, stated that this collaboration aligns HCLTech's engineering mindset and domain-led solutions with ASN Bank's strategic objectives, promising tangible impact and long-term value. This partnership also signifies a significant step for HCLTech in expanding its presence within the Dutch banking sector.

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