Mumbai, 26/6: India’s second-largest IT services firm Infosys said on Monday it was selected by Denmark-based Danske Bank as a partner to accelerate the lender’s digital transformation.
The deal is valued at $454 million for five years with an option to renew for one additional year for a maximum of three times, Infosys said in a statement.
This is backed by significant investments in digitalisation and technology, including plans to further develop our customer-facing digital solutions, and modernising our technology infrastructure to enable even better customer experiences and drive operational efficiency,” said Frans Woelders, chief operating officer of Danske Bank, in a statement.
The lender provides banking services to individuals and businesses, as well as large corporations and institutions.