Infosys, a global leader in digital services and consulting, has partnered with Clearstream, a part of Deutsche Börse, to enhance the D7 platform for digital securities issuance. This collaboration has successfully launched the Generation 2 version of the D7 platform, which allows market participants to issue securities digitally. Infosys played a crucial role in implementing, customizing, and deploying the platform, as well as providing go-live and aftercare support. The upgraded D7 platform sets a new standard for the industry by making the digital issuance process faster, easier, and more efficient. Clearstream has already enabled over 150,000 digital issuances through the D7 platform, surpassing any other digital issuance platform globally. Dennis Gada, Executive Vice President and Global Head of Banking & Financial Services at Infosys, expressed delight in collaborating with Clearstream on their digital transformation journey. The integration has empowered Clearstream to improve time-to-market, streamline operations, simplify technology, and manage regulatory changes, fostering sustainable growth. The partnership between Infosys and Clearstream exemplifies the modernization and digitization of the securities and stock exchange industry. The collaboration has successfully accelerated the time-to-market for exchange group s customers and improved their profitability. However, it s essential to note that certain forward-looking statements in this release involve risks and uncertainties that could cause actual results to differ materially from those implied. These risks include execution of business strategy, competition for talent, ability to attract and retain personnel, investments to reskill employees, implementation of a hybrid work model, economic uncertainties, geo-political situations, technological disruptions, regulatory landscape changes, ESG vision, capital allocation policy, market position, future operations, margins, profitability, liquidity, capital resources, corporate actions, and cybersecurity matters. For more details, Infosys s US Securities and Exchange Commission filings, including the Annual Report on Form 20-F for the fiscal year ended March 31, 2024, are available at www.sec.gov. Logo: https
Source: ots.atPublished on 2024-09-11
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