HCLTech acquires Singapore-based wealth consulting boutique Finergic

25 January 2026 Consultancy.asia

HCLTech, a global technology firm, has acquired Finergic, a boutique wealth consulting firm headquartered in Singapore.

Founded in 2019, Finergic focuses on advisory and technology implementation services in the core banking and wealth management domains. The firm is headquartered in Singapore and delivers projects across major wealth hubs in Asia-Pacific and Europe. In its latest financial year, Finergic reported revenues of 12.6 million Singapore Dollar.

Announced this morning, HCLTech has fully acquired Finergic for 19 million Singapore Dollar, funded through a 100% cash transaction. The deal is expected to close by April 30, 2026.

In a statement, the three co-founders of Finergic – Ganesh Swaminathan, Saravanan Kandaswamy and Senthil Kumar Sekar – said about the deal: “Over the past several years, Finergic has built a strong reputation in delivering core banking and wealth management transformation programs. Our end-to-end solution capabilities, supported by a highly experienced and skilled team, positions us uniquely within the industry.”

“We are delighted to become a part of HCLTech’s growth journey and mark an exciting new chapter for the team at Finergic.”

With over 220,000 staff in more than 60 countries, India-headquartered HCLTech is with one of the globe’s largest technology consulting and services companies. This deal enhances its consulting and technology business, as well as its Banking and Wealth Management practices.

“Our shared vision for the transformation of the financial services industry and complementary strengths position us to deliver even greater value to enterprises and create new opportunities for our people,” said the three co-founders of Finergic.

Srinivasan Seshadri, Chief Growth Officer and Global Head of Financial Services at HCLTech, said: “With Finergic’s focused domain expertise, HCLTech is strategically positioned to strengthen its digital services capabilities in wealth management. This transformative transaction enables us to deliver advanced capabilities, foster innovation and unlock substantial synergies-empowering our clients to realize greater business outcomes.”