Infy bags 5-year agreement from Commerzbank

NEW DELHI: Software-services major Infosys on Monday said it has bagged a five-year contract from Commerzbank, the secondlargest bank in Germany. The financial details

NEW DELHI: Software-services major Infosys on Monday said it has bagged a five-year contract from Commerzbank, the secondlargest bank in Germany. The financial details of the deal were not disclosed. As part of the agreement, Infosys will remodel the bank’s investment banking IT architecture, optimise IT processes and evaluate a potential post-trade processing utility, Infosys said in a statement. The utility would then focus on the clustering of trade processing platforms across various product types, it added.

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