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Stock to watch: Infosys shares in focus on expansion of partnership with Old National Bank

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Shares of Infosys will be in focus as the IT services company expanded its four year collaboration with Old National Bank to accelerate the Bank’s operational and technological transformation.

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, self funding model. The resulting uplift in stability, resiliency and improved client experience has served to accelerate and sustain Old National’s growth.

“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,” said Jim Ryan, Chairman & CEO, Old National Bank.

“Old National Bank and Infosys share a strong cultural and strategic alignment in developing, managing, and enhancing enterprise scale 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,” said Dennis Gada, EVP and Global Head of Banking and Financial Services.

“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,” Gada added.On Tuesday, Infosys shares closed 0.6% higher at Rs 1,945.95 on NSE.

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