The digital revolution in financial services

Your monthly roundup of the key technology and leadership trends from HCLTech Trends and Insights

Welcome to the July edition of the HCLTech Trends and Insights newsletter, where we showcase the latest developments in technology and business innovation. This month, we're thrilled to announce the launch of HCLTech’s comprehensive report on Total Experience, which details how organizations can integrate customer, employee and user experiences to improve engagement, productivity and business outcomes.

Another milestone was the unveiling of the HCLTech Confinale Wealth Solutions, a first-of-its-kind dedicated business unit that offers wealth tech solutions focused on digital wealth platforms like Avaloq.

Key themes highlighted across these topics in the past month are summarized for you below.

Driving digital innovation in wealth management

Ahead of HCLTech and Confinale consolidating their suite of wealth management solutions into a new first-of-its-kind business unit, we sat down with Rakesh Sarin, Senior Vice President and Head of HCLTech Confinale Wealth Solutions, to discuss the evolution of wealth management.

Read the full article here:

Key trends shaping the future of insurance

Srinivasan Varadharajan, Senior Sales Director at HCLTech, discusses the pivotal role of digital innovation in redefining the insurance landscape and driving industry advancements.

Learn how the emergence of insurtech startups, progress in AI and the increasing application of big data analytics are transforming traditional insurance models:

Cricket: A catalyst for multicultural unity and inclusivity

Gitesh Agarwal, Director of Corporate Affairs at HCLTech and Multicultural Ambassador at Cricket Australia, talks about cricket's role in promoting DEI (diversity, equity and inclusion), bilateral relations and tech advancement.

"We used to always have these 3Cs: commonwealth, cricket and curry. But cricket is the ultimate bridge between Australia and India. We both bleed cricket; it's in our blood," he remarks.

Read more here:

AI chips and the evolution of smart technology

AI chips are revolutionizing technology by embedding smart capabilities into everyday devices, driving growth across various industries from healthcare to retail. Despite facing geopolitical and manufacturing challenges, their role in innovation and providing a competitive edge is undeniable.

Recently, HCLTech announced a major collaboration with ARM to develop custom silicon chips optimized for AI workloads, manifesting a clear vision for scalable and efficient AI implementations.

Read more here:

Enhancing enterprise security with SASE

Secure Access Service Edge (SASE) has emerged as a critical component of securing modern enterprises in the hybrid era. SASE offers a unified and holistic approach to security, consolidating various independent security areas into a single platform.

“SASE is a single solution that addresses the complete network, from data security to identity and cloud," says Syam Thommandru, Vice President – Strategic Partnerships, HCLTech.

Find out more here:

Steering the CISO's focus towards IAM consulting

Sonal Srivastava, Global Lead for IAM Strategy, Consulting and Advisory at HCLTech, discusses the role of IAM Consulting in safeguarding digital identities and navigating the threat landscape.

"From human users to non-human entities like machines and applications, managing identities and controlling access is crucial for safeguarding an organization’s assets, data and resources,” says Srivastava.

Explore more:

Cloud and AI: Empowering the modern workplace

Cloud and AI are helping organizations move from traditional working models to a digital, secure and sustainable future.

Mohsen Amiribesheli, Senior Technical Architect and AI Lead (Cloud Native and GenAI Labs) at HCLTech, shares his insights on how, by embracing digital, organizations have transformed their operations to become more efficient and innovative.

Discover more here:

In between editions of the HCLTech Trends and Insights Monthly Roundup, you can explore the latest stories impacting business and society by following us on LinkedIn or visiting us at Trends and Insights.