Infosys Limited has informed the Exchange regarding 'Infosys Extends Strategic Collaboration with DNB Bank ASA to Accelerate its Digital Transformation'.
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Infosys has expanded its strategic partnership with DNB Bank ASA, Norway's largest bank, to speed up the bank's digital transformation. Under this collaboration, Infosys will use its Finacle banking platform and digital services to modernize DNB's IT infrastructure, improve resilience, and deliver better customer experiences. The deal covers legacy system modernization across multiple functions and will leverage AI and ML technologies for personalized lending solutions. The partnership also strengthens Infosys's footprint in the Nordic region, where it has been growing through alliances, acquisitions, and new operational hubs. Both DNB's COO Elin Sandnes and Infosys's Dennis Gada highlighted this as a long-term strategic alliance rather than a one-off project.
This extended collaboration reinforces Infosys's position as a preferred digital transformation partner for large global banks and supports revenue visibility from the Nordic region, though no deal size or financial terms were disclosed. For shareholders, it is a positive sign of client retention and continued demand for Infosys's banking platform and modernization services.