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November 22, 2009 11:07:48 PM EST

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HCL Technologies, ILumen Announce Strategic Relationship
Wednesday November 04, 2009 22:10:00 EST

(RTTNews) - HCL Technologies and iLumen, Inc. announced a strategic relationship to power CapitalStream, HCL's business and commercial lending system, using iLumen technology.

The combined offering will extend Capital Stream's Straight Thru Processing solution to allow a bank's customers to send financial statements, information and documents through a secure electronic portal thereby improving customer data and relationship management while also lowering costs and enhancing portfolio management. The partnership includes both technical product integrations and co-marketing arrangements.

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