STOCK TITAN

Infosys Collaborates with Yorkshire Building Society to Accelerate Digital Transformation

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Very Positive)
Tags

Infosys and Yorkshire Building Society have announced a strategic collaboration to accelerate digital transformation in banking services. The partnership aims to deliver a mobile-first, data-enabled banking experience for Yorkshire's mortgage, commercial, and savings members.

As part of Yorkshire Building Society's 2030 strategic plan, Infosys will implement cloud, data, artificial intelligence, and cybersecurity solutions to modernize operations and improve efficiency. The transformation focuses on combining digital convenience with human interaction, including investments in faster payments and enhanced security.

The collaboration will help Yorkshire Building Society enhance customer and employee experiences through digitally enabled operations. Patrick Connolly, Director of Change Delivery at Yorkshire Building Society, emphasized the importance of this partnership for their 2030 ambitions, while Dennis Gada from Infosys highlighted their commitment to improving customer experience through end-to-end digital channels.

Infosys e Yorkshire Building Society hanno annunciato una collaborazione strategica per accelerare la trasformazione digitale nei servizi bancari. La partnership mira a offrire un'esperienza bancaria mobile-first e basata sui dati per i membri di Yorkshire che utilizzano mutui, servizi commerciali e di risparmio.

Come parte del piano strategico 2030 di Yorkshire Building Society, Infosys implementerà soluzioni cloud, dati, intelligenza artificiale e cybersecurity per modernizzare le operazioni e migliorare l'efficienza. La trasformazione si concentra sull'unione della comodità digitale con l'interazione umana, includendo investimenti in pagamenti più rapidi e maggiore sicurezza.

La collaborazione aiuterà Yorkshire Building Society a migliorare l'esperienza di clienti e dipendenti attraverso operazioni digitalmente abilitate. Patrick Connolly, Direttore della Change Delivery di Yorkshire Building Society, ha sottolineato l'importanza di questa partnership per le loro ambizioni al 2030, mentre Dennis Gada di Infosys ha evidenziato l'impegno a migliorare l'esperienza cliente tramite canali digitali end-to-end.

Infosys y Yorkshire Building Society han anunciado una colaboración estratégica para acelerar la transformación digital en los servicios bancarios. La asociación busca ofrecer una experiencia bancaria mobile-first y basada en datos para los miembros de Yorkshire que utilizan hipotecas, servicios comerciales y de ahorro.

Como parte del plan estratégico 2030 de Yorkshire Building Society, Infosys implementará soluciones de nube, datos, inteligencia artificial y ciberseguridad para modernizar las operaciones y mejorar la eficiencia. La transformación se enfoca en combinar la conveniencia digital con la interacción humana, incluyendo inversiones en pagos más rápidos y mayor seguridad.

La colaboración ayudará a Yorkshire Building Society a mejorar la experiencia de clientes y empleados mediante operaciones digitalmente habilitadas. Patrick Connolly, Director de Change Delivery en Yorkshire Building Society, destacó la importancia de esta asociación para sus ambiciones de 2030, mientras que Dennis Gada de Infosys resaltó su compromiso con la mejora de la experiencia del cliente a través de canales digitales de extremo a extremo.

인포시스요크셔 빌딩 소사이어티가 은행 서비스의 디지털 전환을 가속화하기 위한 전략적 협력을 발표했습니다. 이 파트너십은 요크셔의 주택담보대출, 상업, 저축 회원들을 위한 모바일 우선, 데이터 기반 은행 경험을 제공하는 것을 목표로 합니다.

요크셔 빌딩 소사이어티의 2030 전략 계획의 일환으로, 인포시스는 클라우드, 데이터, 인공지능, 사이버 보안 솔루션을 도입하여 운영을 현대화하고 효율성을 향상시킬 예정입니다. 이번 전환은 디지털 편의성과 인간 상호작용의 결합에 중점을 두며, 빠른 결제 및 강화된 보안에 대한 투자를 포함합니다.

이번 협력을 통해 요크셔 빌딩 소사이어티는 디지털 기반 운영을 통해 고객과 직원 경험을 향상시킬 것입니다. 요크셔 빌딩 소사이어티의 변화 전달 책임자인 패트릭 코놀리는 2030년 목표 달성을 위한 이번 파트너십의 중요성을 강조했으며, 인포시스의 데니스 가다는 엔드 투 엔드 디지털 채널을 통한 고객 경험 개선에 대한 의지를 밝혔습니다.

Infosys et Yorkshire Building Society ont annoncé une collaboration stratégique visant à accélérer la transformation numérique des services bancaires. Ce partenariat a pour objectif d'offrir une expérience bancaire mobile-first et axée sur les données aux membres de Yorkshire utilisant des prêts hypothécaires, des services commerciaux et d'épargne.

Dans le cadre du plan stratégique 2030 de Yorkshire Building Society, Infosys déploiera des solutions cloud, données, intelligence artificielle et cybersécurité pour moderniser les opérations et améliorer l'efficacité. La transformation met l'accent sur la combinaison de la commodité numérique et de l'interaction humaine, incluant des investissements dans des paiements plus rapides et une sécurité renforcée.

Cette collaboration aidera Yorkshire Building Society à améliorer l'expérience des clients et des employés grâce à des opérations numériquement optimisées. Patrick Connolly, Directeur de la gestion du changement chez Yorkshire Building Society, a souligné l'importance de ce partenariat pour leurs ambitions à l'horizon 2030, tandis que Dennis Gada d'Infosys a mis en avant leur engagement à améliorer l'expérience client via des canaux digitaux de bout en bout.

Infosys und die Yorkshire Building Society haben eine strategische Zusammenarbeit angekündigt, um die digitale Transformation im Bankwesen zu beschleunigen. Die Partnerschaft zielt darauf ab, ein mobilorientiertes, datenbasiertes Bankerlebnis für die Hypotheken-, Geschäfts- und Sparmitglieder von Yorkshire zu bieten.

Im Rahmen des strategischen Plans 2030 der Yorkshire Building Society wird Infosys Cloud-, Daten-, KI- und Cybersicherheitslösungen implementieren, um die Abläufe zu modernisieren und die Effizienz zu steigern. Die Transformation konzentriert sich darauf, digitale Bequemlichkeit mit menschlicher Interaktion zu verbinden, einschließlich Investitionen in schnellere Zahlungen und verbesserte Sicherheit.

Die Zusammenarbeit wird der Yorkshire Building Society helfen, die Erfahrungen von Kunden und Mitarbeitern durch digital unterstützte Abläufe zu verbessern. Patrick Connolly, Director of Change Delivery bei der Yorkshire Building Society, betonte die Bedeutung dieser Partnerschaft für ihre Ziele bis 2030, während Dennis Gada von Infosys ihr Engagement zur Verbesserung der Kundenerfahrung über durchgängige digitale Kanäle hervorhob.

Positive
  • Strategic partnership with one of UK's largest financial institutions expands Infosys' presence in key banking market
  • Multi-year digital transformation project provides stable, long-term revenue stream
  • Leverages Infosys' core strengths in cloud, AI, and cybersecurity solutions
  • Aligns with growing demand for mobile-first banking solutions
Negative
  • No specific contract value or financial terms disclosed
  • Long-term transformation projects carry execution risks and potential cost overruns

To provide Yorkshire Building Society's mortgage, commercial, and savings customers with a seamless mobile-first banking experience, simplifying financial interactions

LONDON and BENGALURU, India, April 30, 2025 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced a strategic collaboration with Yorkshire Building Society, one of the largest member-owned financial institutions in the UK, to accelerate its digital transformation. As part of the engagement, Infosys will help Yorkshire Building Society deliver a mobile-first, data enabled, and efficient banking experience for their mortgage, commercial, and savings members.

Infosys_Logo

Infosys was selected for its deep financial services expertise, digital transformation capabilities, and next-gen technologies. Leveraging cloud, data, artificial intelligence, and cybersecurity solutions, Infosys will help Yorkshire Building Society achieve its 2030 strategic plan. The plan aims to enhance customer and employee experiences through digitally enabled operations to build a future-ready society. Infosys will support Yorkshire Building Society to modernize their operations, improve efficiency, and support future scalability.

Patrick Connolly, Director of Change Delivery, Yorkshire Building Society, said, "This collaboration is crucial to achieving our 2030 ambitions and realising the true potential of this organisation. The choices we make now will shape our future, and we are committed to combining the convenience of digital with the warmth of human interaction. This transformation will empower our members and colleagues with the tools and services needed to deliver great customer outcomes, including major investments such as faster payments and enhanced security. It's a key part of our plan for continued growth, innovation, and efficiency, ensuring we continue to serve our members for generations to come."

Dennis Gada, Executive Vice President and Global Head of Banking & Financial Services, Infosys, said, "We are deeply committed to collaborating with Yorkshire Building Society for their transformation journey. We are bringing our full suite of next-generation technologies to help them improve customer experience for their members, with a deeper focus on end-to-end digital channels. This collaboration not only underscores our ability to provide innovative solutions but also highlights the tangible value we are bringing to help Yorkshire Building Society achieve their strategic objectives and build a resilient, future-ready organisation."

About Yorkshire Building Society

Yorkshire Building Society has assets of £65.5 billion and more than 3 million customers across the YBS Group, including Chelsea Building Society and Norwich & Peterborough Building Society, which are trading names of Yorkshire Building Society. Its subsidiary companies include Accord Mortgages Limited.

For more information on Yorkshire Building Society visit www.ybs.co.uk

About Infosys

Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.

Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.

Safe Harbor

Certain statements in this release concerning our future growth prospects, or our future financial or operating performance, are forward-looking statements intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes 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 the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid work model, economic uncertainties and geo-political situations, technological disruptions and innovations such as Generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, our corporate actions including acquisitions, and cybersecurity matters. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2024. 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. 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.

Logo: https://mma.prnewswire.com/media/633365/4364085/Infosys_Logo.jpg

 

Cision View original content:https://www.prnewswire.com/news-releases/infosys-collaborates-with-yorkshire-building-society-to-accelerate-digital-transformation-302442531.html

SOURCE Infosys

FAQ

What is the strategic partnership between Infosys (INFY) and Yorkshire Building Society in 2025?

Infosys (INFY) is collaborating with Yorkshire Building Society to accelerate digital transformation, delivering a mobile-first banking experience for mortgage, commercial, and savings customers through cloud, AI, and cybersecurity solutions to achieve their 2030 strategic plan.

How will Yorkshire Building Society's digital transformation with Infosys (INFY) benefit customers?

Customers will benefit from a seamless mobile-first banking experience, faster payments, enhanced security, and improved digital channels for mortgage, commercial, and savings services, combining digital convenience with human interaction.

What technologies is Infosys (INFY) implementing in Yorkshire Building Society's transformation?

Infosys is implementing cloud computing, data analytics, artificial intelligence, and cybersecurity solutions to modernize operations and improve efficiency at Yorkshire Building Society.

What are the key objectives of Yorkshire Building Society's 2030 strategic plan with Infosys (INFY)?

The 2030 strategic plan aims to enhance customer and employee experiences through digitally enabled operations, improve efficiency, support future scalability, and ensure continued service to members for generations.

How will Infosys (INFY) help modernize Yorkshire Building Society's financial services?

Infosys will modernize operations by providing next-generation technologies, improving end-to-end digital channels, and implementing data-enabled banking solutions to create a future-ready organization.
Infosys

NYSE:INFY

INFY Rankings

INFY Latest News

INFY Stock Data

74.31B
4.14B
12.48%
2.43%
Information Technology Services
Technology
Link
India
Bengaluru