Infosys announced that it has signed a multi-year, multi-million-dollar contract with a leading European bank to modernise the lender’s technology stack using cloud, data and generative AI solutions. The scope includes core banking platform modernisation, AI-assisted operations, and customer analytics, leveraging Infosys Topaz and its digital experience suites. The company said the engagement will be delivered from both onshore centres in Europe and Indian offshore locations, and is expected to ramp up over the next two quarters.
The win adds a sizeable, long-duration contract to Infosys’s order book and reinforces its positioning in AI-led core banking transformation in Europe.
*Business event analysis, not a stock prediction.
Indian IT firms are highlighting large AI-related deals to support growth visibility.