Sunday, February 08, 2026

HCLTech to Acquire Finergic to Boost Wealth Management

HCLTech to Acquire Finergic to Boost Wealth Management

HCLTech has announced that it has signed a definitive agreement to acquire Finergic Solutions Pte Ltd, a boutique wealth consulting firm headquartered in Singapore. The transaction, which is expected to close by April 30, 2026, marks a strategic step in HCLTech’s ongoing efforts to deepen its presence and capabilities within the global financial services and wealth management industry.

Founded in 2019, Finergic has established a strong reputation for delivering core banking and wealth management transformation programs for financial institutions across multiple geographies. Despite being a relatively young firm, Finergic has built a well-established global presence by focusing on high-impact consulting, wealth-architecture design, and platform-led transformation initiatives. Its ability to combine strategic advisory with execution-focused delivery has positioned it as a trusted partner for organizations modernizing their wealth management and core banking ecosystems.

HCLTech brings more than 25 years of experience serving leading global banks and financial institutions, with deep expertise across digital transformation, cloud, data, and AI-led services. By integrating Finergic’s specialized transformation strategy and consulting capabilities into its global delivery model, HCLTech aims to accelerate the development and deployment of next-generation, platform-enabled wealth management solutions. These solutions will be anchored in advanced AI-native workflows designed to enhance personalization, improve advisor productivity, and support scalable, compliant wealth operations. The acquisition will also complement HCLTech’s existing experience supporting clients on Temenos platforms, including its work with more than 40 global banks.

Commenting on the announcement, Srinivasan Seshadri, Chief Growth Officer and Global Head  Financial Services at HCLTech, stated that Finergic’s focused domain expertise will significantly strengthen HCLTech’s digital services portfolio in wealth management. He emphasized that the transaction is expected to unlock strong synergies, foster innovation, and enable the delivery of advanced capabilities that help clients achieve measurable business outcomes across the financial services value chain.

The co-founders of Finergic—Ganesh Swaminathan, Saravanan Kandaswamy, and Senthil Kumar Sekar expressed enthusiasm about joining HCLTech, noting that Finergic’s end-to-end transformation capabilities and highly skilled team align closely with HCLTech’s vision for the future of financial services. They highlighted that the combination of complementary strengths and a shared focus on innovation will allow the combined organization to deliver greater value to enterprises while creating new growth opportunities for employees worldwide.

 

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