Infosys enters strategic partnership with Danske Financial institution

Infosys enters strategic partnership with Danske Financial institution

Close

Infosys enters strategic partnership with Danske Financial institution

The partnership entails Infosys working with Danske to speed up the financial institution’s technological transformation.

Representative image. Credit: Reuters Photo

India’s second-largest IT companies agency Infosys mentioned on Monday it was chosen by Denmark-based Danske Financial institution as a accomplice to speed up the lender’s digital transformation.

The deal is valued at $454 million for 5 years with an choice to renew for one extra 12 months for a most of 3 times, Infosys mentioned in a press release.

Additionally Learn | Infosys pronounces AI-first providing Topaz to speed up enterprise worth for world enterprises

“That is backed by important investments in digitalisation and know-how, together with plans to additional develop our customer-facing digital options, and modernising our know-how infrastructure to allow even higher buyer experiences and drive operational effectivity,” mentioned Frans Woelders, chief working officer of Danske Financial institution, in a press release.

The lender gives banking companies to people and companies, in addition to massive companies and establishments.

The partnership entails Infosys working with Danske to speed up the financial institution’s technological transformation. The IT large can even purchase Danske Financial institution’s IT centre in India, the place greater than 1,400 professionals are employed.

Get a round-up of the day’s high tales in your inbox

We use cookies to know how you employ our web site and to enhance consumer expertise. This contains personalising content material and promoting. By persevering with to make use of our web site, you settle for our use of cookies, revised Privateness Coverage.

Be taught extra I agree X