IT services major Infosys on Thursday announced its five-year deal with DNB Bank of Norway to transform its operations.
“We will transform the application landscape of the Norwegian bank by building its data cluster, including business intelligence, analytics, data warehousing services, regulatory reporting and ERP functions,” it said in a statement in Bangalore.
As the bank’s sole partner for developing and maintaining 64 applications across 14 platforms, the city-based company will enhance its IT operations and data processing, set up offshore support services, including test management and service virtualization.
“We will also apply adesign thinkinga¿ to development initiatives in the bank’s data cluster for expanding and unlocking value from its new products and services,” Infosys global head for financial services Mohit Joshi said in the statement.
According to bank’s vice-president for IT and operations Liv Fiksdahl, the bank needed an IT partner with creative thinking to meet its demand for new technologies, which are innovative and problem-solving.
“Working with Infosys gives us access to cutting-edge services and technologies, which are innovative thinking and problem-solving. This will be a key to assisting us in meeting our objectives and keeping pace with the changing global financial services landscape, he said.