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Barclays
Foreign investments

HCL Technologies intends to grow in the Nordic countries and Europe

BNS
in 2018 December 05 08:52
2 min. reading
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Rahul Singh, head of the financial technology service centers of the technology company HCL Technologies (HCL), which has been working with Barclays for more than four years and is taking over 460 employees from the operations center of the British bank Barclays in Vilnius, which is leaving Lithuania, says that the company intends to grow and expand. In the Nordic countries and Europe, where the company has high growth markets.

"For the past seven years, we have grown at a double-digit rate, and we have done it faster than other market participants. In terms of our commitment to this geographic latitude and the people who work here, I think we will continue to grow. (…) Lithuania is very important in realizing that vision, given the fact that you have the necessary talent, convenient access to the Nordic region, you are in the right time zone, you have people who are building systems, and all this fits with the development needs of our customers". - R. Singh said to "Vreslo znajina".

According to him, the company has no plans to slow down business development in this region.

"Undoubtedly, we are impressed by your people and the favorable environment that is created for service centers to operate, so we are determined to use the potential of the Vilnius center and grow it to meet the needs of our customers, just as we have grown other centers in this region," said R .Singh.

Marian Andrade Gonzalez, head of the Barclays operations center in Lithuania, told BNS on Tuesday that according to the agreement, the Barclays IT service center, Global Technology Infrastructure Center and IT should be transferred to HCL. mainframe employees providing services.

Employees who move to HCL will be able to do so on the same or similar terms and conditions as Barclays currently has, he said.

"HCL is negotiating the possibility of carrying out activities in the Green Hall building, but we are also looking for opportunities to have another premises for further business development," HCL communications representative Alex Crawshaw told BNS.

He said that Lithuania was chosen because of its favorable climate for business and talented specialists.

"We are committed to start a new era of technological centers and services in Lithuania and take advantage of business opportunities," A. Crawshaw told BNS.

It is not allowed to publish, quote or otherwise reproduce the information of the news agency BNS in public information media and on websites without the written consent of UAB "BNS".
TAGS:BarclaysBNSGreen HallNewforeign investments
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