Infosys moves up on transforming ABN AMRO`s lending process with nCino Platform implementation
Infosys is currently trading at Rs. 1439.10, up by 11.10 points or 0.78% from its previous closing of Rs. 1428.00 on the BSE.
The scrip opened at Rs. 1429.80 and has touched a high and low of Rs. 1439.90 and Rs. 1423.00 respectively. So far 16119 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2006.80 on 13-Dec-2024 and a 52 week low of Rs. 1307.10 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 1455.70 and Rs. 1414.50 respectively. The current market cap of the company is Rs. 597813.88 crore.
The promoters holding in the company stood at 14.61%, while Institutions and Non-Institutions held 71.53% and 13.86% respectively.
Infosys has successfully achieved implementation and go live of the nCino Platform for ABN AMRO Bank, one of the largest banks in the Netherlands. This project strategically sought to transform ABN AMRO's loan origination and collateral management process by consolidating multiple legacy systems into a single, unified platform, enhancing ABN AMRO’s ability to serve its customers and streamline operations.
Building on a sequence of transformative phases, this Go Live marked a significant milestone, with the rollout of new features on the nCino Platform. The company is one of the primary Application Development and Maintenance partners of ABN AMRO, and has during the implementation demonstrated expertise in nCino Platform capabilities, helping facilitate migration of over 100,000 records from multiple legacy systems over a period of 11 months. The company was selected by ABN AMRO also for its expertise in digital and cloud transformation capabilities and its ability to deliver comprehensive solutions. As part of this collaboration, the company supported integrations across ABN AMRO’s shared capabilities and diverse IT systems throughout the credit origination and collateral management processes, while also developing a robust data migration and reconciliation strategy.
Infosys is a leading provider of consulting, technology, outsourcing and next-generation digital services, enabling clients to execute strategies for their digital transformation.
