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Home -> Finance -> Full Story
Infosys eyes Thailand for banking solutions suite
Wednesday, February 26 2003 15:20 Hrs (IST)

Bangalore: Software major Infosys on February 26 said it has identified Thailand as a key target market for its global banking solutions suite, Finacle, and has entered into a partnership with that country's Datamat Public Company Ltd and Yip in Tsoi & Co Ltd to market the product in the region.

The NASDAQ-listed, Bangalore-headquartered company said it is hosting a Banking CXO summit themed on "Technology Enabled Agile Banking" in the Thai capital of Bangkok on March 3.

A company release said Prime Minister of Thailand Thaksin Shinawatra would inaugurate the summit, which, it said is set to attract senior bankers and prominent dignitaries of that country.

Chief Mentor of Infosys N R Narayana Murthy, who would preside over the summit, said Thailand is one of the major countries in the APAC region poised for tremendous economic growth and transformation.

"At the centre of any economic revolution is the maturing of the country's banking and financial segment," he said. "We believe this is what we are seeing in Thailand, and Infosys, through its suite of Finacle banking products is well placed to add value to the banking industry in Thailand."

According to him, the summit is a first step to meeting and sharing ideas with key decision makers of the banks and financial institutions in Thailand.

The release said 67 banks across 21 countries have deployed Finacle successfully.

PTI







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