- Infosys (INFY, Financial) strengthens its Nordic presence by expanding its strategic collaboration with DNB Bank ASA.
- This partnership focuses on modernizing DNB's IT infrastructure and enhancing customer experience through AI and ML technologies.
- The collaboration aims to deliver personalized and seamless banking services while optimizing operational efficiency.
Infosys (INFY) has announced an expansion of its strategic collaboration with DNB Bank ASA, Norway's largest bank, to accelerate the bank's digital transformation. The partnership will leverage Infosys' services, solutions, and the Infosys Finacle platform to modernize DNB's IT infrastructure while enhancing resilience and improving customer service capabilities.
This collaboration aims to modernize DNB's legacy systems, enhance IT resilience, and deliver personalized lending solutions. By implementing AI and ML technologies, Infosys will provide seamless and personalized banking services, proactively mitigating risks and minimizing disruptions. This endeavor also strengthens Infosys' presence in the Nordic region, where the company has been advancing through strategic alliances, acquisitions, and new operational hubs.
Elin Sandnes, COO and Group Executive Vice President Technology & Services at DNB, emphasized the importance of leveraging technology to improve customer experiences and modernize IT infrastructure. Dennis Gada, Executive Vice President and Global Head of Banking & Financial Services at Infosys, highlighted their commitment to supporting DNB's digital transformation and solidifying Infosys' leadership in the Nordic financial services market.
Through this partnership, Infosys demonstrates its ability to expand relationships with major financial institutions, further establishing its leadership in digital transformation services for the banking sector. The collaboration aligns with industry trends toward hyper-personalization and positions Infosys to capture more market share in the rapidly growing Nordic banking technology space.
