Published Date: August 04, 2026
Bengaluru, India and Mumbai, India – August 04, 2026: Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NSE, BSE, NYSE: INFY), and HDFC Bank, India’s leading private sector banks, today announced the successful deployment of the Finacle Wealth Management Solution to power the bank’s digital transformation initiatives. With this deployment, HDFC Bank has replaced its legacy systems, which relied heavily on manual processes, with a modern, API-driven solution that helps integrate multiple systems and streamline its domestic and offshore wealth operations. The new solution enables accelerated innovation, broader product coverage, and scalable delivery of personalized services, ensuring enhanced client experiences, relationship manager productivity, and operational effectiveness.
Key highlights of the Finacle Wealth Management Solution:
Rakesh K Singh, Group Head - Private Banking, International Banking, Financial Institutions and BaaS, HDFC Bank, said, “Our vision was to modernize wealth management with a unified, digital-first platform that delivers agility, efficiency, and innovation. With the Finacle Wealth Management Solution, we have consolidated our domestic and offshore businesses, automated key operations across margin lending, bonds, and mutual funds, and empowered relationship managers with real-time insights. This transformation positions us to adapt swiftly to regulatory changes, scale profitably, and deliver differentiated value to clients, driving sustainable growth in India’s evolving wealth management landscape.”
Sajit Vijayakumar, Chief Executive Officer, Infosys Finacle, said, “Wealth management in India is experiencing significant transformation, as leading institutions adopt digital solutions to create, deliver, and realize greater value. We are pleased to collaborate with HDFC Bank on this important modernization initiative, which consolidates its domestic and international wealth operations onto an advanced platform aimed at improving client engagement and supporting rapid growth. At Finacle, we are dedicated to assisting financial institutions globally in redefining wealth management through composable front-to-back-office capabilities.”
Finacle is an industry leader in digital banking solutions. We are a unit of EdgeVerve Systems, a wholly-owned product subsidiary of Infosys (NSE, BSE, NYSE: INFY). We partner with emerging and established financial institutions to help inspire better banking. Our cloud-native solution suite and SaaS services help banks engage, innovate, operate, and transform better to scale digital transformation with confidence. Finacle solutions address the core banking, lending, digital engagement, payments, cash management, wealth management, treasury, analytics, AI, and blockchain requirements of financial institutions. Today, banks in over 100 countries rely on Finacle to help more than a billion people and millions of businesses to save, pay, borrow, and invest better. For more information, visit www.finacle.com.
Certain statements in this release, including those concerning our future events, future growth prospects, our future financial or operating performance and our offerings and collaborations are “forward looking statements” intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on our current expectations, assumptions, estimates and projections about the Company, our industry, economic conditions in the markets in which we operate, and certain other matters. These forward-looking statements are subject to substantial known and unknown risks, uncertainties and other factors, that could cause actual results or outcomes to differ materially from those implied by such forward-looking statements. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid work model, economic uncertainties and geo-political situations, technological disruptions and innovations such as artificial intelligence, the complex and evolving regulatory landscape including immigration regulation changes, particularly in the United States, our Environmental, Social, Governance (“ESG”) vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity and capital resources, our corporate actions including acquisitions, cybersecurity matters, the outcome of pending litigation and the US government investigation, and the effect of current and future tariffs. These and additional factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2026. These filings are available at www.sec.gov. In light of these and other uncertainties, you should not conclude that the results or outcomes referred to in any of the forward-looking statements will be achieved. 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. 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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