Hexaware Technologies Share Price in Focus; Secures Five-Year Technology Partnership with EBRD

Hexaware Technologies has been selected as a strategic technology partner by the European Bank for Reconstruction and Development (EBRD) for a period of five years. The company announced the development in an exchange filing on November 5, 2026. 

The agreement covers the Bank's Run-Change-Transform technology portfolio under its Technology Blueprint, Northstar.  

Hexaware will provide technology services and support the use of artificial intelligence (AI) and automation across the Bank's operations. 

Services Covered Under the Agreement 

The scope of work includes software engineering, quality assurance, IT operations and support, IT security, identity and access management. It also covers cloud services, data and analytics, SAP application support and modernisation, and treasury risk operations. 

Low-code, no-code and AI-powered development are also included in the agreement. Hexaware will use three of its platforms for the engagement: RapidX for agentic software development lifecycle acceleration, Amaze for AI-powered data engineering and modernisation, and Tensai Reasoning Ops for intelligent operations and AIOps. 

Technology Operations and Delivery 

Under the agreement, Hexaware will work as part of the EBRD's technology organisation. The delivery arrangement will involve onshore and offshore centres and include fixed-capacity services and resource augmentation. 

The company will also work on identifying processes that can be optimised or automated. The framework includes the use of AI in the Bank's operations, with an emphasis on measuring outcomes and improving service delivery. 

Simon Reeves, Director of Technology at EBRD, said the framework would strengthen the Bank's relationship with existing partners. He also said the Bank expects its strategic partners to work as part of one team, regardless of their geographical location. 

Hexaware's International Financial Institution Plans 

Parameshwaran Iyer, EVP and Head of Europe at Hexaware, said the company intends to take its approach to other international financial institutions and multilateral development banks. 

The EBRD operates in 40 economies across three continents. It is owned by 77 countries, along with the European Union and the European Investment Bank. 

The five-year agreement sets out Hexaware's role in the EBRD's technology operations, covering engineering, IT services, AI and automation. 

Read More: Mahindra & Mahindra Share Price Rises 5%; Reports 25% Growth in Q2FY27 Profit! 

Hexaware Technologies Share Price Performance  

As of November 5, 2026, 4:50 pm, Hexaware Technologies share price was trading at ₹503.15, up 0.39% from the previous closing price. 

Conclusion 

The agreement outlines Hexaware's role in supporting EBRD's technology operations over the next five years. It includes AI-powered development, IT services and process automation. 

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