HCL Technologies Chosen as Strategic IT Partner by ASN Bank
UTRECHT, Netherlands and NOIDA, India—HCL Technologies, a leading global technology services company, has been selected as a strategic partner by ASN Bank (formerly de Volksbank), the fourth-largest retail bank in the Netherlands.
The partnership supports ASN Bank’s newly launched strategy, “Simplify and Grow,” which focuses on modernizing and standardizing its IT landscape. As part of this initiative, the bank aims to consolidate IT services, reduce the number of vendors, streamline operations, and build a future-ready organizational model.
Under the multi-year agreement, HCL Technologies will provide comprehensive support for ASN Bank’s enterprise applications. Leveraging its distributed delivery model, HCL will help simplify IT services, improve operational efficiency, and enhance the overall customer experience.
Michelle Ruiterman, Chief Information Officer at ASN Bank, said the collaboration reflects confidence in HCL’s capabilities within the financial services sector. “HCL Technologies has a strong track record of delivering scalable and innovative solutions tailored to banking and financial services. This agreement will help us improve operational efficiency by reducing product complexity and aligning our systems and processes with our strategic objectives. Standardizing and automating our IT environment will allow us to operate more effectively and efficiently,” she said.
Sudip Lahiri, Executive Vice President for European Financial Services at HCL Technologies, highlighted the long-term value of the partnership. “By aligning our engineering-driven, industry-focused solutions with ASN Bank’s strategic goals, we aim to deliver measurable outcomes and sustainable value. This collaboration represents an important milestone in strengthening our presence within the Dutch banking sector and supporting ASN Bank’s journey toward future-ready operations,” he said.
About ASN Bank
ASN Bank is an accessible, forward-thinking bank for people, society and the future. We address social challenges in the Netherlands and support sustainable financial solutions for our customers, with a particular focus on sustainability, financial soundness and quality, affordable housing.
Services are centered around payments, savings, and mortgages, and are developed with an eye toward both customer benefit and social impact. ASN Bank combines the convenience of secure mobile banking with the strength of face-to-face advice. A nationwide branch network also provides close-contact face-to-face support when needed. These efforts have positioned ASN Bank uniquely in the Dutch banking industry. Currently, with 3 million customers, it is the fourth largest retail bank in the Netherlands.
About HCL Technologies
HCL Technologies is a global technology company with over 226,600 employees across 60 countries. We deliver best-in-class capabilities through a broad portfolio of technology services and products, centered around AI, digital, engineering, cloud, and software. We deliver industry-specific solutions to clients across a wide range of key industries, including financial services, manufacturing, life sciences and healthcare, high technology, semiconductors, communications and media, retail and CPG, mobility, and utilities. Our consolidated revenues for the 12 months ended September 2025 were US$14.2 billion.
