Bengaluru, India/Copenhagen, Denmark: Infosys, a global leader in digital services and consulting, has announced a strategic collaboration with Danske Bank, a leading Nordic Bank. The collaboration aims to accelerate Danske Bank’s digital transformation initiatives with speed and scale, supporting its strategic priorities towards better customer experiences, operational excellence, and a modernized technology landscape powered by next-gen solutions.
Danske Bank has chosen Infosys as its strategic partner to optimize access to talent and capabilities, improve productivity, and accelerate the bank’s technology transformation. Infosys will acquire Danske Bank’s IT center in India, where over 1,400 professionals are employed, and Infosys Topaz, an AI-first set of services, solutions, and platforms, experience design, and services that support operations, will significantly enhance the bank’s digital agenda.
This collaboration further enhances Infosys’s commitment to the Nordic region, where it has acquired BASE Life Science in Denmark and Fluido in Finland, and opened a new proximity center in Gothenburg, Sweden, and Oslo, Norway. The transactions are expected to be completed before Q2’FY2024, subject to customary closing conditions.
Frans Woelders, Chief Operating Officer, of Danske Bank, said, ‘Our Forward ’28 strategy sets clear ambitions for Danske Bank to be a leading bank in the digital age. This is backed by significant investments in digitalization and technology, including plans to further develop our customer-facing digital solutions, and modernize our technology infrastructure to enable even better customer experiences and drive operational efficiency. We have a strong starting point, and we want to further accelerate our digital and technology transformation. We have conducted a thorough process to find a partner that can help us achieve that. Infosys has the tools, experience, and expertise to support us in accelerating our transformation using cloud and AI technologies. Given Infosys’ global presence and scale, this collaboration will also give us access to wider talent pools and capabilities.’
‘We are delighted to bring our rich experience in financial services transformation to work for Danske Bank and help the bank accelerate its strategic growth agenda. Infosys will collaborate with Danske Bank to strengthen their core business with greater digital, cloud, and data capabilities. This will help Danske Bank create more value for their customers using powerful advances in AI, including generative AI,’ stated Salil Parekh, Chief Executive Officer & Managing Director of Infosys.
