Bank of Sydney announces partnership with Hexaware

By Leandra Monteiro

Hexaware and Bank of Sydney announced a new strategic partnership to transform the Technology Operations for the Bank’s future growth. Hexaware will consolidate the bank’s Technology Operations from multiple service partners into a centralised operating model across Core Banking, Integrations, Network and End User Experience Operations.

The partnership will leverage the latest AI and ML models in Tensai™ and Amaze® platforms to drive the Bank’s new paradigms of enterprise agility, efficiency and experience. The partnership will lay the foundation of a robust and resilient target operating model for the Bank that allows it to constantly evolve and create new products and services to optimize its customer experience.

Chris Chew, Chief Technology Officer, Bank of Sydney said, “I am delighted to announce our partnership with Hexaware as Bank of Sydney’s new service provider for Managed Network, Core Banking and Service Desk functions. Hexaware is a truly innovative organisation, and I look forward to leveraging their capabilities as we continue to transform our technology operations.”

Amalesh Mishra, Geo Head APMEA, Hexaware said, “Both born digitals and rapid digital adopters are constantly disrupting the Banking and Financial Services space. Hexaware is excited about its collaboration with Bank of Sydney that leverages its portfolio of Mobiquity, Amaze® and Tensai™ to reimagine the Bank’s Technology Operations and help create a bank for the future.

We welcome the opportunity to work closely with such forward looking leadership at the Bank and have no doubt that we will satisfy the Bank’s stakeholders in the short and long run.”