PR95666

NEW YORK, April 26, 2022 /PRNewswire=KYODO JBN/

    Infosys (https://www.infosys.com/)(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:

      1. Security and regulatory compliance designed and built into the

platform.

      2. Financial services-specific assets, use case solutions, and

microservices, along with reusable frameworks, blueprints, and patterns.

      3. Capability to rapidly deliver cloud native business platforms with

composable components and services leveraging an open architecture.

      4. Low-code apps for use by business and citizen developers and machine

learning models offering intelligence and amplification of financial services

use cases.

      5. Accelerated cloud migration with tools, automation templates, and

prebuilt services, and the ability to run on public cloud.

      6. 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

[https://www.infosys.com/industries/financial-services/industry-offerings/infosy

s-cobalt-financial-services-cloud.html].

    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 (https://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