Infosys wins five-year contract with Commerzbank
The Dollar Business Bureau The leading Indian software service provider Infosys, on Monday, announced that it bagged a five-year contract to remodel the IT architecture of Germany’s second largest bank, the Commerzbank. The financial details of the agreement are yet to be revealed. As per the agreement, Infosys will redesign the investment banking IT structure, assess a possible post-trade processing utility and boost the IT processes of the German bank. The redesigning of the existing IT architecture of the bank will enable the bank to have a closer association with its investment customers. The focus of the utility will be to cluster the trade processing platforms across the product types, said Infosys. Both the partners will work towards a domain-based ‘Center of Competence,’ in ...
