AiKiDo Framework to be applied in the Five-Year Deal with Norway’s Largest Financial Services Group
NewZNew (Chandigarh) : Infosys (NYSE: INFY), a global leader in consulting, technology, outsourcing and next-generation services, today announced that it has won a contract to transform the application landscape of DNB Bank of Norway. Applying its AiKiDo framework, Infosys will leverage knowledge-based non-disruptive renewal strategies to evolve DNB Bank’s entire data cluster, including business intelligence (BI), analytics, data warehousing services, regulatory reporting, and Enterprise Resource Planning (ERP) functions.
Infosys will be the bank’s exclusive partner for the development and maintenance of over 64 applications across 14 different technology platforms over the next five years. Infosys will deliver efficiencies in IT operations and data processing and set up offshore support services, including test data management and service virtualization.
Infosys will also apply Design Thinking, as part of the AiKiDo framework, to all the new development initiatives within DNB Bank’s data cluster to help the bank expand and unlock value from new products, services and initiatives. Such innovations are key to maintaining competitiveness in the financial services market, and to keeping pace with regulatory and reporting requirements.