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At the end of July CSC and HCL announced that they are creating a joint venture. Although perhaps an unconventional move, this is a positive step for CSC's banking software clients.


  • The joint venture will bring CSC's banking software assets and product development staff together with capital investment from HCL, along with client-facing, re-engineering, and implementation resources.

Features and Benefits

  • Analyses the key drivers and objectives behind the joint venture.
  • Assesses what the joint venture means for Hogan/CAMS II clients.

Key questions answered

  • What drove CSC to form this joint venture?
  • What are the implications of the joint venture for customers?

Table of contents

Ovum view

  • Summary
  • CSC still has a significant installed base among top-tier banks across US, UK, Australasia, and many European markets
  • The JV addresses uncertainty around CSC's strategic intent for its banking platforms
  • Together with the Westpac announcement, Celeriti is becoming a credible consideration again


  • Further reading
  • Author

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