Infosys, a global leader in next-generation digital services and consulting, has announced the expansion of its strategic collaboration with DNB Bank ASA, Norway’s largest financial institution. The collaboration aims to fast-track DNB’s digital transformation by leveraging Infosys’ advanced platforms, particularly the Infosys Finacle platform, alongside its expertise in modernising banking systems and services.
The extended collaboration is set to bolster DNB’s IT resilience and customer service capabilities through next-generation technologies and domain expertise. Infosys will implement a comprehensive suite of digital services aimed at proactively mitigating risks and minimising disruptions. This initiative ensures seamless service delivery and supports DNB’s strategic goals of agile and personalised financial services. Legacy systems will be modernised in a phased approach, leading to improved agility in lending solutions.
Elin Sandnes, COO and Group Executive Vice President Technology & Services, DNB, stated, “At DNB, we are focused on leveraging technology to create great customer experiences. As part of this, we are constantly developing new products and services while simultaneously driving a digital transformation agenda that is deeply rooted across all our operations. With our extended collaboration with Infosys, we are modernizing our IT infrastructure and leveraging advanced technologies like AI and ML to enable seamless, personalised, and agile services to our customers. This partnership allows us to proactively address our customers’ evolving needs and ensure they receive the best possible banking experience from DNB.”
Dennis Gada, Executive Vice President and Global Head of Banking & Financial Services at Infosys, commented, “Infosys is committed to helping DNB advance its digital transformation journey and enabling them to deliver best-in-class banking services and solutions to its customers. By leveraging Infosys Finacle’s industry-leading banking platform and our deep financial services expertise, we are proud to serve as DNB’s strategic partner in modernising their IT infrastructure and unlocking new avenues for innovation and growth. Our proven track record in large-scale IT transformations enables DNB to remain resilient while embracing rapid change. The collaboration further underscores our growth and leadership to serve the needs of the Nordic region.”
Infosys’ presence in the Nordic region has grown significantly through strategic alliances, acquisitions, and regional operational hubs. This expansion reflects the company’s commitment to enhancing capabilities and service delivery, supporting Nordic organisations in their business and digital transformation journeys.
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As of May 16, 2025, at 10:00 AM, Infosys share price is trading at ₹1,598 per share, a decline of 0.93% from the previous closing price. Over the past month, the stock has surged by 13.08%
The expansion of the strategic partnership between Infosys and DNB Bank marks a significant step in the digital evolution of banking in the Nordic region. By combining Infosys’ technological strength with DNB’s customer-centric vision, this collaboration reinforces both organisations' commitment to innovation, resilience, and excellence in service delivery.
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Published on: May 16, 2025, 2:03 PM IST
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