About Confinale
Confinale is a Financial Services company based in Zurich (Switzerland) founded in 2012, and was acquired by HCL Technologies in May 2022. IT solutions for banking digital transformation are provided. It operates in the Financial Services and Technology sectors. The company has 70 employees. Confinale offers products and services including reclaimer, aSpark, group request reporting, and money laundering reporting. Its focus areas include Business Services, IT Services, Suite and FinTech. Its legal entity is Confinale AG.
Company details
Confinale was founded in 2012 in Zurich, Switzerland. IT solutions are delivered for digital transformation within the banking sector. Banking expertise is integrated with software skills to support services ranging from initial evaluation to full project implementation. Emphasis is given to wealth management, taxes, compliance, regulatory reporting, and credit operations. Software products are standardized and maintained, with implementation partnership held for the Avaloq community.
- Headquarters Zurich, Switzerland
- Employees 70
- Stage Acquired
- SectorsFinancial ServicesTechnology
- Website confinale.ch
- Social LinkedIn Facebook
- Acquired by HCL Technologies (May 2022)
- Legal Name Confinale Ag
- Investors
- Employee Count70
- Acquired byHCL Technologies
(May 2022)
Products & Services of Confinale
Confinale offers a comprehensive portfolio of products and services, including reclaimer, aSpark, group request reporting, and money laundering reporting.
Tool for automated tax and CRS reporting in banking.
Platform for API architecture in financial systems.
Software for managing client and compliance reports.
System to handle anti-money laundering processes.
Investors in Confinale
Confinale has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include HCL Technologies.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of data analytics, cloud, networking, cyber security, support, and other outsourcing services | 1976 | hcltech.com | Noida, India |
Investor details for Confinale
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People of Confinale
137 people are tracked at Confinale (42 in leadership, 13 in board & advisors, 82 in team); the tracked headcount is 70.
| Name | Role | Group |
|---|---|---|
Apparao V. V. | Chief Human Resources Officer | Leadership |
Ishtiyaq Maniyar | Associate Vice President | Leadership |
Kalyan Kumar | CTO, Head of Ecosystems & Chief Product Officer, HCLSoftware | Leadership |
Rajiv Shesh | Chief Revenue Officer, HCLSoftware | Leadership |
Srinivasan Seshadri | Chief Growth Officer & Global Head, Financial Services | Leadership |
Ramachandran Sundararajan | Chief People Officer | Leadership |
Shrikanth Shetty | Chief Growth Officer, Americas, Life Sciences & Healthcare Industries | Leadership |
Ajay Bahl | Chief Growth Officer, Americas, Mega Industries | Leadership |
Kevin McGee | Corporate Vice President, Risk and Compliance | Leadership |
Ashish Kumar Gupta | Chief Growth Officer, Europe and Africa, Diversified Industries | Leadership |
Jill Kouri | Chief Marketing Officer | Leadership |
Hari Sadarahalli | Corporate VP & Global Head, Engineering & R&D Services | Leadership |
Shiv Walia | CFO | Leadership |
Arjun A. Sethi | Chief Growth Officer and Global Head, Public Sector, Aerospace & Defense and PE Practice | Leadership |
Raj Ramachandran | Corporate Vice President and Chief of Staff to the CEO and Managing Director | Leadership |
Kreethika Priiya | Human Resources Director | Leadership |
Kirti Karamchandani | Head - Government Affairs & Public Policy | Leadership |
Anil Ganjoo | Chief Growth Officer, Americas, TMT & RCPG Industries | Leadership |
C. Vijayakumar | President, CEO & Managing Director | Leadership |
Rahul Singh | COO, Corporate Functions | Leadership |
117 more people are available in the full profile.
Complete people profiles for Confinale
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Timeline of Confinale
2 dated milestones of Confinale across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Confinale is founded.
- Exit Acquired by HCL Technologies.
Web traffic of Confinale
The website of Confinale (confinale.ch) receives about 2.6K visits a month.
- Monthly visits2.6K
▲ 7.8% vs previous month
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Related news about Confinale
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Frequently Asked Questions about Confinale
Confinale was founded in 2012.
Confinale is headquartered in Zurich, Switzerland.
Confinale has 70 employees.
Confinale was founded in 2012 in Zurich, Switzerland. IT solutions are delivered for digital transformation within the banking sector. Banking expertise is integrated with software skills to support services ranging from initial evaluation to full project implementation. Emphasis is given to wealth management, taxes, compliance, regulatory reporting, and credit operations. Software products are standardized and maintained, with implementation partnership held for the Avaloq community.
Confinale offers reclaimer, aSpark, group request reporting, and money laundering reporting.
Confinale has 1 investor. Key investors include HCL Technologies.
Confinale operates through Confinale Ag.
Yes. Confinale was acquired by HCL Technologies in May 2022.

