Infosys, a leader in consulting, technology, outsourcing and next generation services, today announced that following the evaluation of Finacle Core Banking Solution, it has been positioned as a leader in Gartner’s Magic Quadrant for International Retail Core Banking report1. This is the eighth time in a row that Infosys has been named a leader in this Magic Quadrant.
Gartner says ''The evaluation began with 63 product candidates for the 2014 Magic Quadrant, and resulted in a qualified group of 20 vendor/product offerings that represent the major movers in the retail core banking system market.'' Infosys is highest in execution and furthest in vision within the Leaders Quadrant.
Shares of the company gained Rs 41.95, or 1%, to settle at Rs 4,221.70. The total volume of shares traded was 35,021 at the BSE (Thursday).