Infosys has announced strategic partnership with ABN AMRO by acquiring 75% shareholding in Stater NV (a subsidiary of ABN AMRO) which provides pure-play, end-to-end mortgage administration services in Netherlands, Belgium and Germany.
Infosys Limited (INFLTD) is the second-largest IT services company in India providing consulting and IT services to clients globally. It is also among the fastest growing IT services organization in the world and a leader in the offshore services space with a pioneer in Global delivery model.
In 1QFY19, INFO signed USD1.1b TCV of deals, including multiple large deals in the US BFS. The company breached the aspired figure of USD1b after multiple quarters, and cited a strong pipeline that would help their efforts to sustain the same.
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