Infosys sign $454-million deal with Danske Bank

Infosys has signed a strategic collaboration deal with Danske Bank, a Nordic bank, to accelerate the bank’s digital transformation initiatives. The $454 million deal will be in force for a period of 5 years with an option to renew for one additional year for a maximum of three times.

This collaboration will help Danske Bank achieve its strategic priorities towards better customer experiences, operational excellence, and a modernised technology landscape, powered by next-gen solutions, said the company.

Infosys will also acquire Danske Bank’s IT centre in India, where over 1,400 professionals are employed.