Infosys and ABN AMRO Extend Strategic Cooperation to Accelerate the Transformation Driven by AI
PR Newswire
49m ago
Ai Focus
Infosys and Rabobank ABN AMRO announce the extension of their strategic cooperation. Infosys will provide application development, testing, and support services to help simplify and modernize the ABN AMRO's IT architecture, and leverage Infosys Topaz to promote a wider range of AI applications, thereby enhancing operational efficiency, scalability, and innovation capabilities.
Helpful
No.Help

Bengaluru, India, September 30th / PRNewswire / -- Infosys (NSE : INFY) (BSE : INFY) (NYSE : INFY) One of the largest banks in the Netherlands, ABN AMRO Bank, announced today the extension of their strategic partnership to accelerate the bank's AI driven transformation. As part of the collaboration, Infosys will provide application development, testing, and support services to help simplify and modernize the ABN AMRO's IT architecture, enhancing operational efficiency and scalability, while also promoting more innovation.

By transitioning from isolated AI projects to enterprise-level applications, this collaboration aims to unleash the value of AI on a large scale. Infosys will leverage its AI priority approach, as well as generative AI and proxy AI technologies, to help ABN AMRO more deeply integrate AI into its technical framework. This will enable the bank to transform data into insight-driven innovation. By streamlining platforms, enhancing agility, and strengthening the delivery of digital services across the enterprise, Infosys will facilitate faster value realization. Relying on its global engineering talent and alternative delivery models, Infosys will also support ongoing efficiency improvements, while building a scalable, secure, and future-oriented IT foundation to foster continuous innovation.

ABN AMRO Bank Chief Innovation and Technology Officer Carsten Bittner stated: "The renewal of our cooperation with Infosys will further help us simplify and modernize the IT architecture, while accelerating the responsible adoption of AI throughout the company. This collaboration will enhance operational efficiency, bring greater customer value, and help reduce complexity and operating costs."

Infosys, Executive Vice President of Financial Services and Public Sector, stated: "This renewal is an important milestone in our relationship with ABN AMRO and also reflects our trust in Infosys. We will combine our extensive industry experience, a robust global delivery model, and the capabilities of Infosys Topaz to help restructure core systems, simplify complex IT architectures, and promote the implementation of AI in a purposeful manner. Our focus is not only on large-scale transformation but also on delivering transformation results to banks in a precise, efficient, and long-term sustainable way."

About Infosys

Infosys ( NSE : INFY ) ( BSE : INFY ) ( NYSE : INFY ) is a globally leading company in AI priority business consulting and technical services. With over 325,000 employees, the company is committed to unleashing human potential and creating new opportunities for individuals, businesses, and communities. As a leader in corporate transformation, Infosys has helped enterprises in 59 countries to significantly release AI value. Leveraging more than forty years of experience in managing global enterprise systems and operations, the company accelerates business transformation through its AI priority value framework, deep industry expertise, and unique ability to coordinate innovation within a AI native partner ecosystem. Infosys is recognized as one of the fastest-growing IT service brands globally and is dedicated to becoming a customer-governed, environmentally sustainable partner; its strong talent expertise and inclusive work environment help customers move to the next stage of development.

Safe Harbor Statement

Certain statements in this press release, including those regarding future events, future growth prospects, future financial or operating performance, as well as the company's products and collaborations, are considered "forward-looking statements" as defined by the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on the company's current expectations, assumptions, estimates, and projections regarding its business, the industry in which it operates, the economic conditions of the operating markets, and other matters. These forward-looking statements are subject to significant risks, uncertainties, and other factors, both known and unknown, that may cause actual results to differ materially from those implied in the forward-looking statements. Important factors that could lead to such differences include, but are not limited to: risks associated with the implementation of business strategies, increased competition for talent, the ability to attract and retain employees, rising wages, investment in employee retraining, the ability to effectively implement a hybrid work model, economic uncertainties and geopolitical situations, technological disruptions and innovations such as artificial intelligence, a complex and constantly changing regulatory environment (including changes in immigration regulations, particularly in the United States), the company's ESG vision, capital allocation policies, and expectations regarding market position, future operations, profit margins, profitability, liquidity, and capital resources, company actions (including acquisitions), cybersecurity issues, the outcome of pending litigation and investigations by U.S. government authorities, as well as the impact of current and future tariffs. For information regarding these and other factors that could cause actual results to differ from those stated in the forward-looking statements, please refer to the documents submitted by the company to the U.S. Securities and Exchange Commission, including the 20-F annual report for the fiscal year ending March 31, 2026. These documents are available at www.sec.gov. In light of the above and other uncertainties, you should not assume that any results mentioned in the forward-looking statements will necessarily be achieved.Infosys may occasionally make other written and oral forward-looking statements, including those in documents submitted to the U.S. Securities and Exchange Commission and reports submitted to shareholders. Unless required by law, the company does not assume any obligation to update any forward-looking statements that may be made from time to time by the company or on its behalf.

Tip
$0
Like
0
Save
0
Views 13
WalletJYS reminds readers to view blockchain rationally, stay aware of risks, and beware of virtual token issuance and speculation. All content on this site represents market information or related viewpoints only and does not constitute any form of investment advice. If you find sensitive content, please click“Report”,and we will handle it promptly。
Submit
Comment 0
Hot
Latest
No comments yet. Be the first!
Related
Stratolaunch Expands Hypersonic Flight Testing Infrastructure by Acquiring Boeing 777 Transport Aircraft
Stratolaunch Announces the Acquisition of a Boeing 777-200ER to Expand Its Fleet and Support Talon-A's Autonomous, Reusable, Air-Launched Hypersonic Flight Test Platform. The company states that this move will enhance global deployment capabilities and flight capacity, with the related modifications expected to be completed by 2027.
PR Newswire
·2026-09-30 19:35:19
5
After Trump met with tech leaders, the security regulations of AI remain even more unclear
After Trump had lunch with AI and tech company executives on Tuesday, the White House released a two-page document calling for corporate self-regulation, stating that companies should develop technology securely on their own and establish internal monitoring, external auditing, and board of directors oversight mechanisms. While some executives expressed support, Senator Warner pushed for stricter testing, evaluation, and safety reporting legislation.
CNBC
·2026-09-30 19:35:17
5
GPU Cloud Service Provider GMI Receives $668 Million in Financing from Investors Including NVIDIA
The five-year-old GMI Cloud has announced the completion of a $668 million financing round that includes equity and debt financing. Of this, $223 million in equity financing was led by ARCHIV, with NVIDIA participating as a follow-on investor. The company stated that the valuation was not disclosed, but the annualized revenue from contracts has already exceeded $600 million. The new funds will be used to expand the computing power of AI in the United States and Asia.
The Block
·2026-09-30 19:35:16
5
US spot Bitcoin ETF saw a net inflow of $66.2 million, while Ethereum ETF returned to net outflow.
On September 29th, the US spot Bitcoin ETF recorded a net inflow of $66.2 million, continuing the recent trend of capital inflows; Ethereum ETF, on the other hand, saw a net outflow of $2.8 million, ending its consecutive days of net inflows.
Coinpaper
·2026-09-30 19:35:14
5
China's large models enter the OpenAI enterprise payment settlement system for the first time, and Kimi K3 connects to the Codex enterprise channel
US AI infrastructure company Baseten announces a partnership with OpenAI to become one of the first open-source model inference service providers in the OpenAI B2B market. Enterprise users can now utilize open-source models such as Kimi K3 and GLM version 5.3 through Codex. This marks the first time that Chinese open-source models have entered the procurement systems of OpenAI enterprises.
The Block
·2026-09-30 19:35:13
5
View More