Infosys Technologies

98 results about this entity

Period: 25 Jan 2005 - 08 Nov 2023

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Banks to shift more IT offshore - Infosys

Banks to shift more IT offshore - Infosys

US and European financial institutions will look to shift more technology operations offshore as budgets are squeezed following last year's credit crisis, according to the head of India's Infosys Technologies.

Infosys spends $60m on Finacle upgrade

Infosys spends $60m on Finacle upgrade

India's Infosys Technologies says it has invested over US$60 million in the last three years on upgrading its flagship core banking platform Finacle.

Infosys signs Kazakhstan's Alliance Bank to Finacle

Infosys signs Kazakhstan's Alliance Bank to Finacle

Kazakhstan's Alliance Bank is to implement the Finacle universal banking system from Infosys as the cornerstone of a business transformation initiative.

Temenos signs Mauritius Commercial Bank to T24

Temenos signs Mauritius Commercial Bank to T24

Mauritius Commercial Bank (MCB) is implementing the T24 modular core banking platform from Swiss vendor Temenos to support its corporate and retail operations.

NAB looking to move 400 IT jobs offshore - reports

NAB looking to move 400 IT jobs offshore - reports

National Australia Bank (NAB) is considering shifting a further 400 technology jobs to offshore service providers in India, according to press reports.

Suncorp to outsource back office work

Suncorp to outsource back office work

Australian banking and insurance group Suncorp is looking to transfer up to 250 back office processing jobs to Indian BPO firm Infosys as it focuses on growing its retail operations, according to press reports.

Reuters reports Q3 revenue rise; sells Factiva stake

Reuters reports Q3 revenue rise; sells Factiva stake

UK news and information group Reuters is reporting a better than expected increase in third quarter revenue and says it expects full year growth to be at the top end of estimates. The vendor is also selling its 50% stake in news and business information outfit Factiva to joint venture partner Dow Jones for a total consideration of $160 million.

Infosys buys Citicorp's stake in Progeon

Infosys buys Citicorp's stake in Progeon

Indian software house Infosys Technologies is acquiring the 23% stake that Citicorp currently holds in its BPO unit, Progeon Limited, for US$115.1 million in cash.

Infosys inks $20m Banco Continental de Panama contract

Infosys inks $20m Banco Continental de Panama contract

Banco Continental de Panama (BCP) has signed a two year deal, worth $20 million, with India's Infosys Technologies for the supply and implementation of the vendor's Finacle core banking technology.

Infosys wins two-way tussle with Misys for Centurion Bank deal

Infosys wins two-way tussle with Misys for Centurion Bank deal

Centurion Bank of Punjab has opted to deploy Infosys' Finacle core banking, e-banking and CRM software as the unified technology platform for the recently merged entity, displacing a Misys Equation installation at the former Centurion Bank.

ABN Amro seals EUR1.8bn IT outsourcing deal

ABN Amro seals EUR1.8bn IT outsourcing deal

Dutch financial services group ABN Amro has awarded a five year IT outsourcing deal worth EUR1.8bn to five vendors - IBM, Accenture, Infosys Technologies, Tata Consultancy Services (TCS) and Patni Computer Systems. The upheavals will lead to the loss of 1500 IT jobs at the bank.

Wachovia warns of tech layoffs from offshore outsourcing

Wachovia warns of tech layoffs from offshore outsourcing

US bank Wachovia has notified 3000 of its US technology staff that it intends to outsource tech work to one of three offshore factories in India.

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