Infosys' Collaboration with Old National is Accelerating the Bank's Operational and Technological Transformation

Infosys (NSE, BSE, NYSE: INFY), a global leader in nextgeneration digital services and consulting, and Old National Bank (NASDAQ: ONB), the sixth largest commercial bank headquartered in the Midwest, recently entered into a strategic expansion of their fouryear collaboration. This deepening of a highly successful relationship enables Old National to leverage Infosys services, solutions and platforms for operations transformation and process digitization powered by automation and GenAI, and transformation of key business areas.

Since 2020, Infosys has helped Old National modernize its digital landscape using a highly efficient, selffunding model. The resulting uplift in stability, resiliency and improved client experience has served to accelerate and sustain Old National's growth.

Jim Ryan, Chairman & CEO, Old National Bank, said, "At Old National, we are committed to creating exceptional client and team member experiences. Infosys is expertly guiding us through business process enhancements, with a strong emphasis on efficiency and value generation. We greatly appreciate Infosys' commitment to our growth and success."

Dennis Gada, EVP and Global Head of Banking and Financial Services, said, "Old National Bank and Infosys share a strong cultural and strategic alignment in developing, managing, and enhancing enterprisescale solutions to transform the bank's operations and support growth. We are excited to further accelerate Old National Bank's business process and customer care transformation using Infosys Topaz. Our extensive experience in domain, technology, and operations, specifically for mid-sized and regional banks, will continue to bring deep growth and efficiency advantage for this segment."

Shares of Infosys Limited was last trading in BSE at Rs. 1948.50 as compared to the previous close of Rs. 1933.75. The total number of shares traded during the day was 303314 in over 20462 trades.

The stock hit an intraday high of Rs. 1957.75 and intraday low of 1906.90. The net turnover during the day was Rs. 586067103.00.

Source : Equity Bulls

Keywords

Infosys INE009A01021 INFY OldNationalBank ONB StrategicExpansion