DXC Partners with Ripple to Empower Global Banks with Scalable Digital Asset Custody and Payments

TLDR:

• DXC’s Hogan platform powers 300 million accounts and $5 trillion in deposits across global banks
• Integration allows banks to offer digital asset services without replacing core banking systems
• Partnership includes Ripple Custody, Ripple Payments, and RLUSD stablecoin infrastructure
• Solution bridges legacy banking infrastructure with blockchain technology at enterprise scale
  

DXC Technology has entered a strategic partnership with Ripple to integrate digital asset custody and payment capabilities into banking infrastructure. 

The collaboration connects Ripple’s blockchain technology with DXC’s Hogan core banking platform, which manages $5 trillion in deposits across 300 million accounts worldwide. 

Financial institutions can now access enterprise-grade digital asset solutions without overhauling their existing systems. 

The partnership addresses growing demand for regulated digital asset services among traditional banks.

Integration Bridges Legacy Banking with Blockchain Infrastructure

The partnership enables banks to adopt digital asset technology through DXC’s established Hogan platform. 

Ripple’s custody and payment solutions will operate alongside traditional banking functions within the same infrastructure. 

Financial institutions can offer programmable payments and tokenization services to their customers. 

The integration maintains compliance requirements while introducing blockchain-based capabilities.

Banks using the Hogan platform gain direct access to Ripple’s institutional-grade technology. The solution supports digital asset custody, stablecoin management, and real-world asset tokenization. 

Institutions can deploy these services without disrupting their mission-critical banking operations. The approach eliminates technical barriers that previously prevented banks from entering digital asset markets.

Sandeep Bhanote, Global Head and General Manager of Financial Services at DXC, outlined the partnership’s value proposition. “For digital assets to move into the financial mainstream, institutions need secure custody and seamless payment capabilities,” he stated. 

The collaboration brings these capabilities together in a practical framework for banks. “Our work with Ripple brings those capabilities together in a way that allows banks to engage in the digital asset ecosystem without changing their core systems, connecting traditional accounts, wallets and decentralized platforms at enterprise scale,” Bhanote explained.

The collaboration also benefits fintech companies seeking banking partnerships for compliant digital asset services.

Fintechs can leverage the integrated platform to access regulated banking relationships. This streamlines their path to offering custody and payment solutions within regulatory frameworks. 

The partnership creates a bridge between innovative fintech services and established banking infrastructure.

Enterprise-Scale Deployment Addresses Market Demand

Ripple Payments provides licensed cross-border payment functionality that manages fund flows for institutional clients. 

The service integrates with DXC’s platform to enable digital asset transfers alongside traditional transactions. 

Banks can process both conventional and blockchain-based payments through unified systems. This dual capability positions institutions to serve evolving customer demands.

Ripple Custody offers secure management of digital assets, stablecoins, and tokenized real-world assets. 

The custody solution meets institutional security standards required by regulated financial entities. 

Banks can hold and manage digital assets on behalf of clients with appropriate safeguards. The technology supports compliance with existing financial regulations governing asset custody.

Joanie Xie, VP and Managing Director for North America at Ripple, addressed the challenges facing traditional banks. “Banks are under increasing pressure to modernize while continuing to operate on complex infrastructure,” Xie noted. 

The partnership resolves this tension by embedding digital asset capabilities into existing systems. “Our partnership with DXC brings digital asset custody, RLUSD and payments directly into the core banking environments institutions already trust,” she added. 

Xie further emphasized the practical benefits: “Together, we’re enabling banks to deliver secure, compliant digital asset use cases at enterprise scale without disruption.”

The collaboration represents a shift from experimental blockchain projects to production-ready implementations. 

Financial institutions worldwide can now deploy digital asset services through proven banking platforms. DXC and Ripple provide the technical foundation for banks to participate in digital asset markets. 

The partnership establishes a scalable model for institutional adoption of blockchain technology.