US-based bank holding company Old National Bank (ONB) has partnered with India’s IT major Infosys to enable speedy adoption of digital banking solutions.
ONB intends to revamp its existing technology infrastructure and enhance both its client and employee experience.
Under the partnership, Infosys will provide its digital solutions to drive digital transformation at the bank.
These solutions will provide automation capabilities to increase speed-to-market solution and deliver a superior “ONB experience”.
Infosys has committed to recruiting people in Indiana to deliver digital solutions to its clients. The partnership with the lender will boost its presence in Indiana.
Infosys North America SVP and head of financial services Dennis Gada said: “Through the partnership, Infosys will help Old National digitally transform itself with a focus on achieving greater operational efficiency, fostering innovation, and providing improved services for clients and the larger community.”
This strategic partnership is in line with ONB’s objective to boost its growth in the commercial banking space.
The bank will leverage Infosys’ expertise to streamline its operating models and simplify client-facing and internal processes.
Old National Bancorp chairman and CEO Jim Ryan said: “Partnering with Infosys, one of the world’s foremost information technology companies, allows Old National to build a state-of-the-art technology platform with sophisticated and advanced capabilities.
“This will enable us to provide differentiated solutions and ultimately enhance the client experience.”