Infosys inches up on transforming Bendigo and Adelaide Bank`s customer and employee experience
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Infosys is currently trading at Rs. 1436.85, up by 14.10 points or 0.99% from its previous closing of Rs. 1422.75 on the BSE.
The scrip opened at Rs. 1433.90 and has touched a high and low of Rs. 1457.90 and Rs. 1429.35 respectively. So far 89012 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1672.45 on 01-Dec-2022 and a 52 week low of Rs. 1215.45 on 25-Apr-2023.
Last one week high and low of the scrip stood at Rs. 1458.80 and Rs. 1326.75 respectively. The current market cap of the company is Rs. 590468.62 crore.
The promoters holding in the company stood at 15.14%, while Institutions and Non-Institutions held 68.86% and 15.98% respectively.
Infosys has successfully completed the foundation phase of a major digital program for Bendigo and Adelaide Bank, one of Australia's biggest banks. Delivered in collaboration with Microsoft, the program enabled Bendigo and Adelaide Bank to consolidate multiple legacy document management systems into a single enterprise document management system (EDMS) and deliver better customer service.
Using Microsoft’s SharePoint Online, the new platform built with Infosys leveraging Infosys Cobalt cloud offerings allows for democratisation of data, streamlined document storage, and better collaboration across Bendigo and Adelaide Bank. The program stems from Bendigo and Adelaide Bank’s commitment to leverage data for better customer outcomes - and this program plays a key role in strengthening the required data governance.
The consolidation of document management systems into a cloud-based platform also enables a better employee experience. The bank can define security groups and better manage permission levels to meet stringent audit and compliance requirements. The platform has enabled Bendigo and Adelaide Bank to deliver a more uniform user experience across its products and services, while improving privacy and document retention compliance.
Infosys is a global leader in next-generation digital services and consulting.
