IT services major Infosys said on November 8 that it has entered into a Strategic Collaboration Agreement (SCA) with Amazon Web Services Inc (AWS), to partner on providing technology transformation and industry-specific solutions to financial institutions.
This three-year partnership involves joint investments in go-to-market strategies and delivery capabilities across the EMEA region, Infosys said in a press release.
Infosys and AWS are joining forces to assist financial institutions such as NatWest Group in expediting their transition to cloud-based systems. They will utilize their capabilities to offer tailored cloud migration and modernization services to clients. Additionally, Infosys Capital Markets' knowledge will be utilized to revamp business strategies and modernize applications, leading to improved operational efficiency, it said.
Dennis Gada, Executive Vice President, Global Head of Banking & Financial Services, Infosys commented: "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. By leveraging Infosys Cobalt's industry cloud solutions, assets and frameworks, we are committed to helping financial organizations accelerate their business outcomes.”
Mark Jopling, Director of GFS EMEA Sales, AWS further 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. Combining our cutting-edge cloud innovation with Infosys’ technology transformation expertise, we now offer customers more capabilities and
solutions to specific financial industry challenges at speed and scale.”
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