Infosys acquires Danske Bank’s India IT centre to boost digital transformation
Infosys has successfully completed the acquisition of Danske Bank’s IT centre in India in a significant move towards expanding its footprint in the financial services sector. Announced on June 26, 2023, the strategic collaboration with Denmark-based Danske Bank aims to fast-track digital transformation initiatives on a large scale. This acquisition is part of Danske Bank’s broader technology transformation strategy, designed to optimize talent and capabilities, enhance customer experiences, and modernize its technology landscape.
A Focus on Accelerating Digital Transformation for Danske Bank
As a strategic partner, Infosys will play a critical role in accelerating Danske Bank’s digital transformation initiatives. Danske Bank, headquartered in Denmark, offers a wide range of banking services to personal, business, and large corporate customers. With Infosys on board, the bank is set to leverage next-gen solutions for operational excellence and customer-facing digital enhancements.
Infosys to Leverage Topaz and AI-First Services
The IT centre in India, which is now part of Infosys, employs over 1,400 professionals specialized in banking technology solutions. Infosys aims to significantly amplify Danske Bank’s IT capabilities with its AI-first set of services, solutions, and platforms known as Infosys Topaz. This will include experience design and services that support operations, giving a considerable boost to Danske Bank’s digital agenda.
Strategic Importance in the Nordics and Financial Services Across Europe
This acquisition underscores Infosys’ commitment to the Nordics—a strategic market for the global tech giant. It further consolidates Infosys’ leadership position in the European financial services sector, as the company continues to leverage its global expertise and industry-leading solutions for accelerated digital transformation.