Thursday, January 23, 2025

Infosys to accelerate cloud transformation of financial organizations

Infosys has announced a new Strategic Collaboration Agreement (SCA) with Amazon Web Services Inc (AWS) to catalyze growth across Europe, the Middle East, and Africa.

Infosys and AWS will jointly create go-to-market strategies and make co-investments over the next three years.

The three-year collaboration will deliver technology transformation and industry-specific solutions to financial organizations supported by joint investments into go-to-market and delivery capabilities across the EMEA region.

Dennis Gada, Executive Vice President, Global Head of Banking & Financial Services, at Infosys, said, “AWS is a pioneer in cloud innovation, and by bringing together our expertise in delivering technology transformation at scale and our unwavering customer-centric approach, we are excited to bring a comprehensive and industry-leading offering to our financial services clients in Europe, Middle East, and Africa.”

Working together, Infosys and AWS will support financial organizations, like retail banking at NatWest Group, in accelerating their cloud adoption journeys leveraging industry-proven capabilities to deliver specialized end-to-end cloud migration and modernization services.

Key areas of collaboration include accelerating the growth of existing large-scale transformations, collaborating with FinTech partners to bring new cloud-based solutions to the market, and investing in co-innovation to deliver new products and services.

Wendy Redshaw, CDIO, Retail NatWest Group, said, “We see collaboration, strategic alignment, and engineering excellence as essential elements of successful partnerships.”

“This relationship between Infosys and AWS embodies these elements and will help us to better support and protect our customers by leveraging cloud reliability, security, and scalability”, Wendy Redshaw added.

“By leveraging Infosys Cobalt’s industry cloud solutions, assets and frameworks, we are committed to helping financial organizations accelerate their business outcomes”, Dennis Gada added.

Mark Jopling, Director of GFS EMEA Sales, AWS, said, “Together with Infosys, we will extend the reach of our combined services and expertise to help financial institutions innovate more quickly and increase their agility as they continue facing rapidly changing economic conditions.”

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Sheenu Pradhan
Sheenu Pradhanhttps://sightsinplus.com/
Sheenu Pradhan, Editor Content, SightsIn Plus. She has over 8 years of experience in human resources. Prior to this, she has been associated with Wictor Chemicals India, Wipro, and Shakti Plas Industry.