Infosys partners with AWS to help financial organisations accelerate cloud transformation across EMEA


Devdiscourse News Desk | London | Updated: 08-11-2023 14:34 IST | Created: 08-11-2023 14:34 IST
Infosys partners with AWS to help financial organisations accelerate cloud transformation across EMEA
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Indian IT giant Infosys has entered into a new Strategic Collaboration Agreement (SCA) with Amazon Web Services Inc (AWS) to help financial organizations across Europe and the Middle East and Africa (EMEA) region accelerate their cloud adoption journeys to deliver specialized end-to-end cloud migration and modernization services

The two partners will bring together their synergies to support financial organizations, like retail banking at NatWest Group. Customers will receive transformative cloud services from AWS, domain knowledge and delivery from Infosys, and Infosys Capital Markets’ expertise to transform business models and modernize applications, delivering operational efficiency.

"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," said Mark Jopling, Director of GFS EMEA Sales, AWS.

The multi-year partnership will deliver industry-specific use cases leveraging AWS's cloud-native innovation including generative AI and data analytics. It will also ensure greater business agility in reaction to rapidly evolving market conditions and regulatory change as financial institutions restructure their business models and accelerate their migration to the cloud away from conventional managed data centres.

Infosys and AWS will co-develop go-to-market strategies and make co-investments, with key collaboration areas including the accelerating growth of existing large-scale transformations, collaborating with FinTech partners to bring new cloud-based solutions to the market, and investing in co-innovation to deliver new products and services.

"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," said Dennis Gada, Executive Vice President, Global Head of Banking & Financial Services, Infosys.

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