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Infosys announces multimillion-dollar partnership with ABN AMRO
Source: IRIS | 18 Feb, 2015, 01.28PM
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Infosys today announced a multi-year, multimillion-dollar partnership with ABN AMRO, a leading retail and commercial bank, to provide IT services for the bank's operations.

As part of this, Infosys, as one of the strategic partners of ABN AMRO, will deliver services across application development and maintenance, testing and product implementation.

Mohit Joshi, executive vice president and global head, financial services, Infosys, said, "Trends in industrialization and digitalization are helping the global banking industry to become more customer centric. Banks are increasingly looking at technology enablers that will help them offer innovative products and efficient services to their customers. Our knowledge of the financial service industry, combined with our long standing relationship with ABN AMRO, has helped us emerge as one of the strategic partners in the bank's transformative journey to achieve new competitive advantages."

Shares of the company declined Rs 3.05, or 0.13%, to trade at Rs 2,275.45. The total volume of shares traded was 36,991 at the BSE (1.17 p.m., Wednesday).

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