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Infosys to offer financial services to US-based Verizon Communications

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Bengaluru: Global software major Infosys Ltd will offer its flagship Finacle product to service US banks’ Verizon cloud platforms.

“We will offer solutions to US banks and financial institutions through the software-as-a-service (SaaS) model, which is serving 547 million customers worldwide,” the city-based bellwether said in a statement on Friday.

The US-based Verizon Communications operates the country’s wireless network with 109 million retail connections nationwide. Its enterprise solutions arm helps clients to improve performance and manage risk using multiple platforms over its secure mobility, cloud computing, and networking.

“Our financial services provide a single real-time view of customers, members, products and transactions. We help banks and credit unions to enhance operational efficiency, speed to market for new offerings and reduce time and cost of compliance,” Infosys vice-president Michal Reh said on the occasion.

Finacle’s SaaS offering will empower financial institutions to deliver a multi-channel experience to customers, without much capital infusion and greater flexibility.

“As providing real-time and compelling customer experience across multiple channels is a difficult task even for financial institutions (FIs), Finacle solutions on Verizon cloud will be able to provide banking services to their customers without major investment,” Reh said.

Flexibility of the service helps financial institutions comply with evolving federal and state statutory requirements.

“FIs will benefit from Finacle’s solution coverage and high-performance platform hosted on our cloud to help improve agility, achieve sustainable, profitable growth and drive their business,” Verizon vice-president Adam Famularo said on the occasion.

(IANS)

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Global Software Major Infosys Launches Learning App For Engineering Students

The platform would also assist students to stay connected with the organisation, keep up with the latest happenings, and familiarise themselves with the software major’s culture and value system

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picture from- www.dqindia.com

Global software major Infosys on Saturday launched its a next-generation digital platform called InfyTQ that aims to offer learning and engagement experiences for engineering students in the country.

The free platform is open to all engineering students in their third and fourth year across India.

The platform would be available on both mobile and desktop and is equipped with content, courses and news to establish talent readiness at an industry level through online assessments and certification, the company said in a statement.

Office Building of Infosys (Representational image).

The learning courses would be centred around conceptual and practical aspects of technology to ensure a thorough understanding of the fundamental building blocks.

The course includes hands-on learning to aid the application of concepts in the real world. The platform would evolve and offer advanced learning materials and enable virtual programming environments for certain sets of students to further hone their technical skills.

Also Read- Beta Version of ‘WhatsApp Business’ Now Available For iOS Users

The platform would also assist students to stay connected with the organisation, keep up with the latest happenings, and familiarise themselves with the software major’s culture and value system. (IANS)