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On Thu, 10 Apr, 12:11 AM UTC
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[1]
Infosys and AIB Extend Strategic Collaboration for Digital Transformation
To deliver application development, testing, and support services Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, today announced it is extending its strategic collaboration with AIB, a financial services group operating predominantly in the Republic of Ireland and the UK. Building further on its 10-year relationship, Infosys will take on a renewed and expanded role to support AIB as it further accelerates its transformation initiatives and delivers support and value to its customers and stakeholders. Infosys will help further develop AIB's application landscape and deliver application development and maintenance services, underpinned by deep human expertise, agile practices and AI powered tooling. Through these efforts, AIB will benefit from increased operational efficiency, and continue to enhance and mature agile processes that expedite innovation. Graham Fagan, Group Chief Technology Officer, AIB said, "This extended collaboration with Infosys aligns strongly with our vision to progressively modernise our technology and data capabilities to deliver the best outcomes for our customers and further accelerate our transformation. By combining our collective expertise and experience, we will deliver on our customer-first commitment and enhance operational efficiency and resilience. Infosys has been a trusted innovation partner, and we are excited about this next chapter in our collaboration as we work together to ensure AIB remains at the forefront of digital transformation in the Irish banking industry." Dennis Gada, Executive Vice President and Global Head of Banking & Financial Services, Infosys, said, "Our expanded collaboration with AIB marks a significant milestone in Infosys' journey in Ireland. By leveraging our global digital engineering teams and proven track record in delivery and innovation, we will enable AIB to continue to accelerate their business and technology transformation, strongly positioning them for success in a rapidly evolving banking environment. We are committed to fostering a strong relationship, nurturing talent, and contributing to Ireland's thriving tech ecosystem, while delivering impactful outcomes for AIB." About AIB Group AIB is a financial services group serving 3.35 million customers predominantly in Ireland and the United Kingdom. Our main business activities are retail, business and corporate banking, as well as mobile payments and card acquiring. Whether it's adapting to a greener way of living, planning for the future, growing a business or simply navigating day-to-day life, AIB's purpose is empowering people to build a sustainable future. AIB's core segments are: Retail Banking, Capital Markets, Climate Capital and AIB UK. About Infosys Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.
[2]
Infosys and AIB Extend Strategic Collaboration for Digital Transformation
Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, today announced it is extending its strategic collaboration with AIB, a financial services group operating predominantly in the Republic of Ireland and the UK. Building further on its 10-year relationship, Infosys will take on a renewed and expanded role to support AIB as it further accelerates its transformation initiatives and delivers support and value to its customers and stakeholders. will help further develop 's application landscape and deliver application development and maintenance services, underpinned by deep human expertise, agile practices and AI powered tooling. Through these efforts, AIB will benefit from increased operational efficiency, and continue to enhance and mature agile processes that expedite innovation. Graham Fagan, Group Chief Technology Officer, AIB said, "This extended collaboration with Infosys aligns strongly with our vision to progressively modernise our technology and data capabilities to deliver the best outcomes for our customers and further accelerate our transformation. By combining our collective expertise and experience, we will deliver on our customer-first commitment and enhance operational efficiency and resilience. Infosys has been a trusted innovation partner, and we are excited about this next chapter in our collaboration as we work together to ensure AIB remains at the forefront of digital transformation in the Irish banking industry." Dennis Gada, Executive Vice President and Global Head of Banking & Financial Services, Infosys, said, "Our expanded collaboration with AIB marks a significant milestone in Infosys' journey in Ireland. By leveraging our global digital engineering teams and proven track record in delivery and innovation, we will enable AIB to continue to accelerate their business and technology transformation, strongly positioning them for success in a rapidly evolving banking environment. We are committed to fostering a strong relationship, nurturing talent, and contributing to Ireland's thriving tech ecosystem, while delivering impactful outcomes for AIB."
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Infosys and AIB have extended their decade-long partnership, focusing on accelerating digital transformation initiatives in the banking sector. The collaboration aims to enhance operational efficiency and innovation through AI-powered tools and agile practices.
Infosys, a global leader in digital services and consulting, has announced an extension of its strategic collaboration with AIB, a prominent financial services group in Ireland and the UK 12. This partnership, which builds upon a decade-long relationship, marks a significant step towards accelerating digital transformation in the banking sector.
Under this renewed agreement, Infosys will take on an expanded role in supporting AIB's transformation initiatives. The collaboration will focus on:
Graham Fagan, Group Chief Technology Officer at AIB, emphasized the alignment of this collaboration with the bank's vision to modernize its technology and data capabilities. He stated, "By combining our collective expertise and experience, we will deliver on our customer-first commitment and enhance operational efficiency and resilience" 12.
Dennis Gada, Executive Vice President and Global Head of Banking & Financial Services at Infosys, highlighted the significance of this partnership for Infosys' presence in Ireland. He said, "We are committed to fostering a strong relationship, nurturing talent, and contributing to Ireland's thriving tech ecosystem, while delivering impactful outcomes for AIB" 12.
AIB serves 3.35 million customers, primarily in Ireland and the United Kingdom. The bank's core business activities include:
AIB's purpose is centered on empowering people to build a sustainable future, adapting to greener living, and supporting businesses and individuals in their financial journeys 1.
With over four decades of experience and a workforce of more than 300,000 people, Infosys has established itself as a leader in digital transformation. The company operates in more than 56 countries, focusing on:
This extended collaboration between Infosys and AIB represents a significant development in the banking technology landscape, promising to drive innovation and efficiency in financial services while contributing to Ireland's growing technology sector.
Reference
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