HCL Technologies Limited announced that Deutsche Apotheker- und Ärztebank eG (apoBank) has expanded its strategic partnership with HCLTech. HCLTech will accompany apoBank with an outcome-oriented managed services model that delivers resilient, scalable, high quality and compliant Digital Foundation services, enabling apoBank to deliver fast and secured banking services to its customers. HCLTech is a strategic partner of Avaloq, a leading provider of banking technology and services, and has strong expertise with Avaloq's core banking system.

In 2022, HCLTech acquired Swiss company Confinale, a digital banking and wealth management consulting specialist and Avaloq implementation partner.