Please Share:: 
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
HCL Tech bags a multi-million dollar deal from Deutsche Bank
HCL Tech has signed a five-year multi-million dollar application support transformation
deal with Deutsche Bank’s capital markets arm. The service factory delivery model
implemented by HCL Tech is expected to significantly enhance productivity, driven by
transparent service-level agreements and performance metrics, and comes as Deutsche
Bank endeavors to move away from a traditional applications support model to a set of
unique process-driven services governed by global standards like information technology
infrastructure library. The transformational program, which will result in significant vendor
consolidation, involves the management of key banking applications that are the
backbone to Deutsche Bank’s critical businesses. We maintain our Buy rating on HCL Tech
with a target price of `578.
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
HCL Tech bags a multi-million dollar deal from Deutsche Bank
HCL Tech has signed a five-year multi-million dollar application support transformation
deal with Deutsche Bank’s capital markets arm. The service factory delivery model
implemented by HCL Tech is expected to significantly enhance productivity, driven by
transparent service-level agreements and performance metrics, and comes as Deutsche
Bank endeavors to move away from a traditional applications support model to a set of
unique process-driven services governed by global standards like information technology
infrastructure library. The transformational program, which will result in significant vendor
consolidation, involves the management of key banking applications that are the
backbone to Deutsche Bank’s critical businesses. We maintain our Buy rating on HCL Tech
with a target price of `578.
No comments:
Post a Comment