Infosys, a leading consulting, technology, outsourcing and next-generation services provider, said Wednesday it has signed a multi-year agreement with Deutsche Bank.
Under the terms of the agreement, Infosys will provide these services across the Deutsche Bank Group and will also be a strategic partner under Deutsche Bank's Supplier Partnership Program.
Deutsche Bank's Supplier Partnership Program was successfully launched in June 2014 to concentrate the most strategic vendors based on business impact across all categories of the bank.
Kim Hammonds, global chief information officer, Deutsche Bank said, "Deutsche Bank is committed to applying innovative technology to enhance its efficiency and service to clients. Working with Infosys will help the bank to achieve these goals."
Mohit Joshi, executive vice president and global head of financial services, Infosys said, "We look forward to further strengthening our relationship with Deutsche Bank and supporting the bank achieve its goals."
Shares of the company declined Rs 14.05, or 1.43%, to trade at Rs 968. The total volume of shares traded was 84,392 at the BSE (11.10 a.m., Wednesday).