HCLTech to acquire Singapore wealth consulting firm Finergic
NOIDA, INDIA, and SINGAPORE — Global technology services provider HCLTech has entered a definitive agreement to acquire Singapore-based boutique wealth consulting firm Finergic Solutions.
The strategic acquisition, slated to close by April 30, 2026, is designed to significantly bolster HCLTech’s digital and consulting capabilities in the financial services sector, specifically in core banking and wealth management transformation.
HCLTech expands wealth management consulting footprint
Through its acquisition of Finergic, a company established in 2019 with an excellent global reputation for transformation programs, providing services across Singapore, India, Luxembourg, and Switzerland, and planning to expand in the Europe and Asia Pacific (APAC) regions, HCLTech is introducing niche consulting and wealth-architecture services to its current offerings.
The move is not only about increasing scale but also about acquiring specialized intellectual assets and a competent team with a track record.
The combination is engineered to unlock strategic collaboration, with Finergic’s specialized strategy complementing HCLTech’s vast operational scale, over 25 years of experience, and over 200,000 employees, serving leading financial institutions.
As Srinivasan Seshadri, Chief Growth Officer and Global Head – Financial Services of HCLTech, stated, with Finergic’s expertise, “HCLTech is strategically positioned to strengthen its digital services capabilities in wealth management.”
This is aimed at improving end-to-end service delivery in the industry by integrating consulting agility with global execution power.
“This transformative transaction enables us to deliver advanced capabilities, foster innovation, and unlock substantial synergies—empowering our clients to realize greater business outcomes across the financial services landscape,” said Seshadri.
HCLTech, Finergic to accelerate AI-led wealth tech
A central driver of this acquisition is the acceleration of advanced, platform-enabled wealth management solutions powered by artificial intelligence (AI).
HCLTech aims to leverage Finergic’s transformation expertise to fast-track the delivery of next-generation solutions anchored by AI-native workflows.
This focuses on modernizing core banking and wealth management infrastructures for clients seeking a technological edge.
Finergic’s capabilities will specifically complement HCLTech’s substantial existing practice supporting over 40 global banks in Temenos products.
The integration aims to create a more powerful offering that combines deep product knowledge with strategic consulting and advanced AI-driven solutions.
This acquisition is expected to provide clients with a comprehensive pathway from initial transformation strategy through to the deployment of cutting-edge, software-powered solutions in the cloud and digital engineering space.
“Our shared vision for the transformation of the financial services industry and complementary strengths position us to deliver even greater value to enterprises, and create new opportunities for our people,” Ganesh Swaminathan, Saravanan Kandaswamy, and Senthil Kumar Sekar, Co-founders of Finergic, concluded.
HCLTech ranked #12 in the OA500 2025, an objective index of the world’s top 500 outsourcing companies. The 2026 edition of the OA500 is expected to be released in March.
