Infosys Ltd.

BSE: 500209 | NSE: INFY
Large Cap | IT - Software
1120.00
-10.20 (-0.90%)
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Infosys secures five-year contract from Commerzbank

Date: 24-05-2016

Infosys has secured a five-year contract from Commerzbank, the second largest bank in Germany. As part of the agreement, the company will remodel the bank’s investment banking IT architecture, optimise IT processes and evaluate a potential Post-Trade Processing Utility. The Utility will then focus on the clustering of trade processing platforms across various product types. The company will also set up an exclusive online and physical academy for Commerzbank to enable cross-skilling and continuous learning of both teams.

Infosys is a global leader in consulting, technology and outsourcing solutions. The company enables clients, in more than 30 countries, to stay a step ahead of emerging business trends and outperform the competition.