With out-of-the-box industry services, assets,
and frameworks, the new financial services cloud platform
sets the stage for accelerating business value in the
cloud
NEW
YORK, April 26, 2022 /PRNewswire/ --
Infosys (NYSE: INFY), a global leader in next-generation
digital services and consulting, today announced the launch of
Infosys Cobalt Financial Services Cloud, an industry cloud platform
for enterprises to accelerate business value and innovation in the
cloud across the financial services industry. Adopted by
enterprises globally for enhanced business process transformation
and rapid innovation, Infosys Cobalt Financial Services Cloud is a
secure, vertical cloud platform that enables enterprises to
accelerate cloud adoption, rapidly build cloud native business
platforms, drive business agility and growth, foster innovation,
and deliver a personalized customer experience.
The Infosys Cobalt Financial Services Cloud platform offers:
- Security and regulatory compliance designed and built into the
platform.
- Financial services-specific assets, use case solutions, and
microservices, along with reusable frameworks, blueprints, and
patterns.
- Capability to rapidly deliver cloud native business platforms
with composable components and services leveraging an open
architecture.
- Low-code apps for use by business and citizen developers and
machine learning models offering intelligence and amplification of
financial services use cases.
- Accelerated cloud migration with tools, automation templates,
and prebuilt services, and the ability to run on public cloud.
- Strong alliance partner ecosystem offered through Infosys
Cobalt Cloud.
- Capability to create an integrated ISV and developer
marketplace.
Dave Cosgrove, Global Head of
Settlements & Middle Office, MarketAxess, said,
"MarketAxess is leveraging the Infosys Cobalt Financial
Services Cloud platform for reconciliation as a service on cloud.
This is helping us scale the reconciliation process on-demand while
improving accuracy and transparency. Leveraging the
reconciliation service on Infosys Cobalt Financial Services
Cloud enabled us to go-live quickly without significant capex
investments and ongoing maintenance thereby, bringing the power of
cloud agility and usage-based pricing model to a critical business
process."
Mohit Joshi, President,
Infosys, said, "The Financial Services industry is seeking
to harness the power of cloud for business outcomes, agility and
innovation – not just for hosting applications and data. This
business focus requires an effective and secure cloud platform for
financial services. The Infosys Cobalt Financial Services
Cloud is designed ground up exclusively for enterprises across the
vertical to achieve these outcomes and drive speed to value."
To learn more, please visit Infosys Cobalt FS Cloud.
About Infosys
Infosys is a global leader in next-generation digital services
and consulting. We enable clients in more than 50 countries to
navigate their digital transformation. With over four decades of
experience in managing the systems and workings of global
enterprises, we expertly steer our clients through their digital
journey. We do it by enabling the enterprise with an AI-powered
core that helps prioritize the execution of change. We also empower
the business with agile digital at scale to deliver unprecedented
levels of performance and customer delight. Our always-on learning
agenda drives their continuous improvement through building and
transferring digital skills, expertise, and ideas from our
innovation ecosystem.
Visit www.infosys.com to see how Infosys (NSE: INFY),
(BSE: INFY), (NYSE: INFY) can help your enterprise navigate your
next.
Safe Harbor
Certain statements in this press release are forward-looking
statements intended to qualify for the 'safe harbor' under the
Private Securities Litigation Reform Act of 1995, including
statements concerning our future business opportunities and growth
prospects. Such forward-looking statements involve a number
of risks and uncertainties that could cause actual results to
differ materially from those in such forward-looking statements.
The risks and uncertainties relating to these statements include,
but are not limited to, risks and uncertainties regarding
fluctuations in earnings, fluctuations in foreign exchange rates,
our ability to manage growth, intense competition in IT services
including those factors which may affect our cost advantage, wage
increases in India, our ability to
attract and retain highly skilled professionals, client
concentration, restrictions on immigration, industry segment
concentration, our ability to manage our international operations,
reduced demand for technology in our key focus areas, disruptions
in telecommunication networks or system failures, our ability to
successfully complete and integrate potential acquisitions,
liability for damages on our service contracts, the success of the
companies in which Infosys has made strategic investments,
withdrawal or expiration of governmental fiscal incentives,
political instability and regional conflicts, legal restrictions on
raising capital or acquiring companies outside India, and unauthorized use of our
intellectual property and general economic conditions affecting our
industry. Additional risks that could affect our future operating
results are more fully described in our United States Securities
and Exchange Commission filings including our Annual Report on Form
20-F for the fiscal year ended March 31,
2021. These filings are available at www.sec.gov. Infosys
may, from time to time, make additional written and oral
forward-looking statements, including statements contained in the
company's filings with the Securities and Exchange Commission and
our reports to shareholders. In addition, please note that any
forward-looking statements contained herein are based on
assumptions that we believe to be reasonable as of the date of this
press release. The company does not undertake to update any
forward-looking statements that may be made from time to time by or
on behalf of the company unless it is required by law.
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SOURCE Infosys