London, United Kingdom – Technology Holdings, a global boutique investment banking firm with offices in North America, Europe and the Asia-Pacific, is pleased to announce that it has acted as the exclusive financial advisor to Confinale on its strategic sale to HCL Technologies.
Headquartered in Switzerland, with a presence in Germany and the United Kingdom, Confinale is one of only four Avaloq Premium Implementation partners globally, specializing in digital banking and wealth management IT solutions. Confinale has also developed a market-leading suite of proprietary products and solutions to complement banking services and accelerate digital transformation across core business areas, increasing automation and efficiency in the banking industry.
Headquartered in Switzerland, with a presence in Germany and the United Kingdom, Confinale is one of only four Avaloq Premium Implementation partners globally, specializing in digital banking and wealth management IT solutions. Confinale has also developed a market-leading suite of proprietary products and solutions to complement banking services and accelerate digital transformation across core business areas, increasing automation and efficiency in the banking industry.
Roland Staub, CEO of Confinale said “Becoming part of HCL is an exciting new chapter for Confinale. We strongly believe in the need for banking expertise, combined with software competence and HCL is the perfect fit for this. HCL is a truly global player with strong heritage in the financial services sector – their reach will enable us to accelerate our growth and expose our team to new learning and innovation opportunities.”
Vivek Subramanyam, Founder and CEO of Technology Holdings said “We are proud to have advised Confinale on this landmark digital banking, wealth management IT and fintech transaction. This transaction is our 26th deal in the Banking, Financial Services & Insurance IT and Fintech ecosystem, and further demonstrates our expertise as the industry leader in the space. Confinale’s capabilities and team are exceptional and we wish them every success in this strategic transaction with HCL Technologies.”
Find out more about this transaction here.