Updated By: LatestGKGS Desk
HCL invest in AI and Automation to transform the user experience for more than 8000 Barclays employees across 26 countries.
HCL company will provide mainframe service to Barclays as per HCL.
In this deal, it is necessary that approx 460 Barclays employees in its operation center in Lithuania, with remaining employees being offered.
President of financial services at HCL Technology Rahul Singh comments on this " we already employ more than 10000 people in Europe serving over 200 European clients.
This new agreement will see HCL deliver transformational services to both Barclays and major clients from Ludhiana etc.
Both the companies HCL and Barclays hope to conclude the deal during the first quarter of 2019.
The head of BGOL Mariano Andrade Gonzalez "while aiming to achieve the highest quality of business and services and we continuously review our operations in accordance with the long-term global strategy of Barclays.
As one of the steps towards the implementation of this strategy, a decision has been made to optimize, meaning a number of roles could transfer of HCL Technologies with whom we have worked closely for few works.