Infosys Cobalt Financial Services Cloud, an industrial cloud platform to help businesses unleash the power of cloud-based transformation

With ready-to-use industry services, assets and frameworks, the new financial services cloud platform paves the way to accelerate business value in the cloud

NEW YORK, April 26, 2022 /PRNewswire/ — Infosys (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced the launch of Infosys Cobalt Financial Services Cloud, an industrial cloud platform enabling enterprises to accelerate business value and cloud innovation across the financial services industry. Adopted by enterprises worldwide 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 platforms -cloud-native business forms, drive business agility and growth, drive 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, as well as reusable frameworks, blueprints, and templates.
  3. Ability to rapidly deliver cloud-native enterprise platforms with composable components and services leveraging an open architecture.
  4. Low-code applications for use by enterprise developers and citizens and machine learning models that provide intelligence and amplification of financial services use cases.
  5. Accelerated cloud migration with pre-built tools, automation templates and services, and the ability to run on a public cloud.
  6. Strong alliance partner ecosystem offered through Infosys Cobalt Cloud.
  7. Ability to create an integrated ISV and developer marketplace.

Dave CosgroveGlobal Head of Settlements and Middle Office, MarketAxess, said, “MarketAxess leverages the Infosys Cobalt Financial Services Cloud Platform for Reconciliation as a Cloud Service. This helps us scale the on-demand reconciliation process while improving accuracy and transparency. Leveraging the Reconciliation Service on Infosys Cobalt Financial Services Cloud has allowed us to go live quickly without significant capex investments or ongoing maintenance, bringing the power of cloud agility and revenue-based pricing model use to a critical business process.”

Mohit JoshiPresident, Infosys, said, “The financial services industry is looking to harness the power of the cloud for business outcomes, agility and innovation, not just for hosting applications and data. Efficient and secure cloud form for financial services. Infosys Cobalt Financial Services Cloud is designed exclusively for businesses of all backgrounds to achieve these results and accelerate value creation.”

To learn more, please visit Infosys Cobalt FS Cloud.

About Infosys

Infosys is a global leader in next-generation digital consulting and services. We enable customers in over 50 countries to navigate their digital transformation. With over four decades of experience managing the systems and operations of global enterprises, we expertly support our clients throughout their digital journey. We do this by empowering the business with an AI-powered core that helps prioritize change execution. We also equip the business with agile digital at scale to deliver unprecedented levels of performance and customer satisfaction. Our lifelong learning program drives their continuous improvement by developing and transferring digital skills, expertise and insights from our innovation ecosystem.

To visit infosys.com to see how Infosys (NSE:INFY), (BSE:INFY), (NYSE:INFY) can help your business navigate your next.

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Certain statements in this press release are forward-looking statements intended to qualify for “safe harbor” under the Private Securities Litigation Reform Act of 1995, including statements regarding 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 contained in such forward-looking statements. The risks and uncertainties associated with these statements include, but are not limited to, risks and uncertainties regarding earnings fluctuations, currency exchange rate fluctuations, our ability to manage growth, intense competition in IT services, including including factors that may affect our cost advantage, salary increases in Indiaour ability to attract and retain highly skilled professionals, customer concentration, immigration restrictions, concentration of industry segments, our ability to manage our international operations, reduced demand for technology in our major areas of operation, telecommunications network disruptions or system failures, our ability to complete and integrate potential acquisitions, liability for damages on our service contracts, the success of businesses in which Infosys has made strategic investments, the withdrawal or expiration of government tax incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring businesses abroad India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future results of operations are further described in our filings with the United States Securities and Exchange Commission, including our Annual Report on Form 20-F for the year ended March 31, 2021. These files 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. Additionally, please note that all forward-looking statements contained herein are based on assumptions that we believe are 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, except as required by law.

SOURCE Infosys

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