In a major development reshaping finance across Europe, the Middle East and Africa (EMEA), Infosys has formed a strategic three-year partnership with Amazon Web Services (AWS). The collaboration aims to accelerate the cloud transformation journey for financial institutions.
This partnership goes beyond any usual collaboration and states a joint commitment to delivering specialized end-to-end cloud migration as well as modernization services. NatWest Group’s retail banking is among the key beneficiaries.
The two corporate houses plan to create go-to-market strategies and co-invest over the next three years. This forward-looking approach emphasizes not only present transformations but also a shared commitment to strengthening innovation and resilience in the industry.
The collaboration extends beyond large-scale transformations, focusing on collaborating with FinTech partners to introduce new cloud-based solutions. This proactive stance reflects an understanding that innovation is a collective journey toward progress.
Working together on innovation will be crucial. It is about pushing limits to create new financial products and services, promising to assist financial companies in moving from traditional data centers to the flexibility and scalability of cloud systems.
Dennis Gada, EVP and Global Head of Banking and Financial Services at Infosys, emphasized the significance of this partnership: He said, “by bringing together our expertise in delivering technology transformation at scale and AWS’s pioneering cloud innovation, we are excited to offer a comprehensive and industry-leading solution to our financial services clients in EMEA.”
It means focusing on Infosys Cobalt that has special cloud solutions for industries. This commitment shows a dedication to customizing solutions for the specific challenges faced by financial organizations. It recognizes the importance of tailoring solutions for lasting change.