Banca Mifel Partners With Finacle From Infosys To Optimize Operations With New Core Banking Solution

Monterrey, Mexico – October 25, 2012: Banca Mifel, one of Mexico’s leading banks, and Infosys, a global leader in consulting and technology, today announced the successful implementation of the Finacle universal banking solution. The bank is using Finacle to maximize straight-through processing and accelerate automation of operations across its delivery channels and 47 branches. The implementation is part of a broader business transformation underway at Banca Mifel to improve operational efficiency and customer service while overcoming the challenges posed by a legacy system.

The Finacle universal banking solution represents a comprehensive technology transformation for the bank. The enhanced solution was crucial in helping Banca Mifel reinforce its reputation as a provider of quality service in the highly competitive Latin American market. By delivering end-to-end core banking and a complete e-banking solution, Finacle allows the bank to get a unified view of its customer relationships. Additionally, Finacle helps the bank meet regulatory requirements and security compliance standards.

According to Daniel Becker, General Director, Banca Mifel, “In this turbulent market, technology is a key driver in helping us meet our goal of being an efficient- and service-oriented bank. With Finacle core banking and e-banking solutions, we are confident that we will be able to provide better and faster service to our customers. We look forward to using robust and scalable solutions from Infosys to help us open additional branches, increase our customer base and grow market share.”

Haragopal Mangipudi, Global Head ? Finacle, Infosys said: “Our partnership with Banca Mifel shows our strong commitment to the Latin American market. This implementation breaks new ground in Mexico for Finacle as the first integrated, end-to-end, core implementation – complete with Internet Banking. Finacle provides an extended range of products and services and faster customer support.”

Finacle from Infosys partners with banks to transform the customer experience, arming them with a host of innovations. Today Finacle is the choice of 165 banks across 80 countries, powering operations across 49,000 branches.

About Infosys

Infosys partners with global enterprises to drive their innovation-led growth. That’s why Forbes ranked Infosys 19 among the top 100 most innovative companies. As a leading provider of next-generation consulting, technology and outsourcing solutions, Infosys helps clients in more than 30 countries realize their goals.

Visit www.infosys.com and see how Infosys (NASDAQ: INFY), with its 150,000+ people, is Building Tomorrow’s Enterprise® today.

Safe Harbor

Certain statements in this release concerning our future growth prospects are forward-looking statements, which 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, time and cost overruns on fixed-price, fixed-time frame contracts, 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 the United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2012, and on Form 6-K for the quarter ended September 30, 2011, December 31, 2011 and June 30, 2012.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. 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.

For further information please contact:
Mexico
Greta Shelley
Zimat Consultores
Phone: 55 54 54 19 Ext. 1034
gshelley@zimat.com.mx

North America
Jay Barta
Infosys Ltd., United States
Phone: +1 510 926-7840
jay_barta@infosys.com

RCBC Eyes 10 Million New Customers By 2014 with New Technology Platform from IBM and Finacle from Infosys

MANILA, Philippines – 23 October 2012: Rizal Commercial Banking Corporation (RCBC) today announced that it has successfully implemented the Finacle™ core banking solution from Infosys on the IBM System z® server to transform its business and leverage new growth opportunities in an increasingly competitive consumer banking market. The bank expects the move to help position itself as a preferred bank for the future.

RCBC, one of the leading private domestic commercial banks in the Philippines, has grown rapidly over the last five years. From its current customer base of 3.6 million, the bank has set a goal of having 10 million new customers by 2014. RCBC selected Finacle running on an IBM System z server to consolidate data and applications from across disparate systems and establish a single source of customer information. The bank will leverage this intelligence to anticipate customer needs, create innovative offerings and enrich customer experience through increased personalization.

The new solution will provide the foundation RCBC needs to create value-added services that will increase customer adoption for its MyWallet electronic cash card, one of its more popular products. The bank is targeting to grow its cash card base by 4 million this year – doubling more than the 1.8 million users it on-boarded last year.

This core banking-led transformation entailed upgrading 96 application systems, reconfiguring over 400 branches and migrating 3.2 million customers. With the potential to impact 3 million transactions month-on-month, the transformation was orchestrated with no disruption in services to RCBC clients.

“The transition to Finacle core banking on the IBM System z platform — while quite a significant project — was the smoothest and most seamless transformation I have participated in,” said Dennis Bancod, CIO, RCBC. “We are glad to have taken this important and necessary journey with technology professionals who held our hands during the entire process. We are now positioned as the bank truly ready for tomorrow.’

RCBC will also use this new solution to reach ‘the unbanked’ — farmers, small business owners and other clients in provinces of the Philippines where ATMs and bank branches are difficult to operate. RCBC will be able to offer this under-served market new services like micro-financing and make banking services available through expanded partnerships with groceries.

“As businesses in developing markets like the Philippines expand their infrastructures to support economic growth, the need for systems with high levels of transaction processing capability increases,” said Mariels Almeda Winhoffer, Country General Manager for IBM Philippines. “IBM System z provides a secure and powerful IT platform with high levels of transaction processing capability that enables banks and other enterprises to respond to rapid growth while also paving the way for smarter computing by making use of critical information to fuel business insights and help provide better service to their clients.”

“This successful implementation demonstrates our growing traction in the Philippines market, where several of the region’s most successful banks are powered by Finacle. At RCBC, Finacle will enable the bank to bring an enhanced and consolidated product portfolio to the market, delighting customers with more meaningful choices supported by efficient service,” said Sanat Rao, VP and Global Head – Client Services Finacle, Infosys. “With Finacle on System z, we are able to extend the many benefits of our highly efficient core banking solution while taking advantage of the significant cost-benefits offered by IBM’s mainframe platform.”

RCBC can add capacity on System z to support aggressive customer growth while relying on its advantages of high-availability, resiliency and security. As one of the most scalable solutions in its category, Finacle provides the right fit to support the anticipated growth in business. This is the first installation in the world of Finacle running on Linux on System z with DB2 for z/OS. DB2 for z/OS takes advantage of Parallel Sysplex architecture with 99.999% availability and near linear scalability.

The solution also includes IBM Tivoli Monitoring software to review day-to-day system performance and utilization of mainframe servers. IBM software allows RCBC system administrators to monitor events on a single dashboard, thereby proactively preventing occurrence of critical incidents. The RCBC application development team uses Rational Team Concert and Build Forge to deploy Finacle and customized application patches and for code version control, compilation, packaging and deployment from the development environment to production.

About RCBC

For more information on RCBC go to www.rcbc.com and follow us on twitter @rcbcunibank.

About IBM

For more information on IBM, please visit www.ibm.com/smarterplanet. For more on System z, go to www.ibm.com/systems/z

About Infosys

Infosys partners with global enterprises to drive their innovation-led growth. That’s why Forbes ranked Infosys 19th among the top 100 most innovative companies. As a leading provider of next-generation consulting, technology and outsourcing solutions, Infosys helps clients in more than 30 countries realize their goals.

Visit www.infosys.com and see how Infosys (NASDAQ: INFY), with its 1,53,000 people, is Building Tomorrow’s Enterprise® today.

Safe Harbor

Certain statements in this release concerning our future growth prospects are forward-looking statements, which 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, time and cost overruns on fixed-price, fixed-time frame contracts, 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, 2012 and on Form 6-K for the quarter ended September 30, 2011, December 31, 2011 and June 30, 2012. 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. 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.

For further information please contact:

Joya Ahluwalia
Infosys Ltd, India
Joya_Ahluwalia@infosys.com

Nykredit Bank, Denmark Rolls Out Finacle From Infosys to Transform Corporate Lending Business

Copenhagen – October 16, 2012: Nykredit, a leading financial institution in Denmark, and Infosys, a global leader in consulting and technology, today announced the successful implementation of Finacle core banking solution across the bank’s corporate lending business. Built on new generation technologies, Finacle underpins the bank’s business transformation program aimed at growing its corporate and retail business across its home market.

In the first phase of this initiative, Nykredit’s corporate customers are already enjoying the benefits of personalized offerings and one of the bank’s newest capabilities: multi-currency loans.

Nykredit is Denmark’s largest mortgage lender with a 42.6 percent market share and 5.2 percent commercial banking market share. In recent years, it has focused on transforming both its corporate and retail businesses across Denmark. A strategic ingredient for success was the selection of a banking technology partner that would work in a collaborative manner to co-create new products and processes. The result: In 2010, Nykredit chose Finacle as its business transformation partner.

With Finacle, the bank now has a technology platform from which it can:

Commenting on this major milestone in the bank’s strategic journey, Per Ladegaard, Group Managing Director, Nykredit said: “Adopting a partnership with Infosys has been important to the success of this project. The integrated Nykredit and Infosys team worked closely with the bank’s IT and business teams. They laid a solid foundation from which we will be able to offer superior products and service to our clients, and achieve our business growth objectives.”

Amit Dua, Associate Vice President and Head for EMEA – Finacle, Infosys, added: “This implementation marks Finacle’s entry into the Danish market. From the outset, it’s been a meeting of minds with both parties working in unison and learning from each other to develop and deploy a world class banking solution that will power the bank’s business transformation. We look forward to embarking on the next phases of the project and helping Nykredit reach new heights in banking excellence.”

The next phase in the program plans to introduce additional lines of business onto the Finacle platform. With the foundation now laid, Nykredit is securing the future successes of its banking platforms and expansion programs.

About Infosys

Infosys partners with global enterprises to drive their innovation-led growth. That’s why Forbes ranked Infosys 19th among the top 100 most innovative companies. As a leading provider of next-generation consulting, technology and outsourcing solutions, Infosys helps clients in more than 30 countries realize their goals.

Visit www.infosys.com and see how Infosys (NASDAQ: INFY), with its 1,53,000 people, is Building Tomorrow’s Enterprise® today.

Safe Harbor

Certain statements in this release concerning our future growth prospects are forward-looking statements, which 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, time and cost overruns on fixed-price, fixed-time frame contracts, 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, 2012 and on Form 6-K for the quarter ended September 30, 2011, December 31, 2011 and June 30, 2012. 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. 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.

For further information please contact:

Paul de Lara
Infosys Ltd.
Phone: +44 207 516 2748
Paul_delara@infosys.com

BAI – Finacle Global Banking Innovation Awards Announces 2012 Winners

Global Banks Honored for Vision and Leadership in Innovation

WASHINGTON, D.C. – October 9, 2012: BAI and Infosys today bestowed the most innovative banks in the world with the prestigious 2012 BAI – Finacle Global Banking Innovation Awards. Now in its second year, the global awards program recognizes and supports innovation in the retail banking industry. This year’s honorees were recognized at a special ceremony today at BAI Retail Delivery 2012 in Washington, D.C.

The winning financial institutions were chosen among more than 150 entries from over 30 countries for breakthrough innovations that positively impact banks and their customers. The award winners were selected by the Innovation Circle Judging Panel, an objective, third-party board. This distinguished international group is composed of prominent industry thought-leaders, academics and retail banking professionals.

Debbie Bianucci, President and CEO of BAI, congratulated the award winners for their creativity and excellence. “These banks serve as a model of what can be achieved through innovation when it comes to enhancing the customer experience and transforming our industry. Their commitment and leadership set new standards for us, and we honor them for their achievement. We look forward to seeing what future innovations will come from the finalists and winners here today as well as other banks around the world.”

Haragopal Mangipudi, Global Head – Finacle, Infosys, commended the award winners for their ability to drive consumer engagement through innovation. “Their original thinking is the key to accelerating growth and increasing customer loyalty. As the innovation partner for global financial institutions, we applaud their outstanding efforts.”

To learn more about the 2012 BAI – Finacle Global Banking Innovation Awards and to submit nominations for the 2013 awards, please visit www.baiglobalinnovations.com.

About BAI

BAI is the financial services industry’s partner for breakthrough information and intelligence needed to innovate and stay relevant in an evolving marketplace. For more than 85 years, BAI has focused on advancing the industry by offering unbiased education and research. BAI’s offerings are as diverse as the industry, and include premier events such as BAI Retail Delivery Conference & Expo, groundbreaking research and performance metrics, professional learning and development programs, and in-depth editorial coverage through BAI Banking Strategies. For more information, visit www.bai.org.

About Infosys

Infosys partners with global enterprises to drive their innovation-led growth. That’s why Forbes ranked Infosys 19 among the top 100 most innovative companies. As a leading provider of next-generation consulting, technology and outsourcing solutions, Infosys helps clients in more than 30 countries realize their goals. Visit www.infosys.com and see how Infosys (NASDAQ: INFY), with its 150,000+ people, is Building Tomorrow’s Enterprise® today.

Safe Harbor

Certain statements in this release concerning our future growth prospects are forward-looking statements, which 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, time and cost overruns on fixed-price, fixed-time frame contracts, 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, 2012 and on Form 6-K for the quarters ended September 30, 2011, December 31, 2011 and June 30, 2012.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. 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.

Press contacts:

Jeannette Weiland
BAI, Chicago, USA
Phone: +1 312 683-2319

The Americas
Jay Barta
Infosys Ltd., United States
Phone: +1 510 926-7840

Asia Pacific
Joya Ahluwalia
Infosys Ltd, India
Phone: +91 80 41565002

Infosys positioned as a Leader in the Magic Quadrant for International Retail Core Banking 2012

Bangalore, London, New York, October 04, 2012: Gartner, Inc. has positioned Infosys as a Leader in the recently released ‘Magic Quadrant for International Retail Core Banking 2012*’ report for its Finacle™ core banking solution. The solution was recognized amongst 19 vendors / products evaluated in this study based on its ability to execute and completeness of vision. The report can be accessed at – https://www.infosys.com/finacle.

Referring to the Magic Quadrant report, Don Free, Research Director, Gartner, said – ” The significance and long-reaching effects of core banking solution renewal, and the relatively short tenure of bank CIOs, are forcing these core replacement decisions onto the laps of business leaders and boardroom members. The game is changing, and not everyone is comfortable with his or her new role, or perhaps knowledgeable enough to ask the right questions to avoid a poor choice. Successful banks will navigate the considerable risks associated with these replacement programs by keeping abreast of current technology trends and the state of the vendor landscape. This Magic Quadrant can assist CIOs by focusing on what matters most — the relevance of vendor and product attributes to the alignment of critical business strategies.”

According to Gartner, “The Leaders Quadrant is occupied by vendors that demonstrate strong development methodologies, and all of these vendors have a measurable strategy for disaggregating core banking software functionality into component-based constructs. Many vendors possess methodologies for quality assurance or are executing on a strategic road map to attain certification. Most vendors maintain a strong banking market understanding through methodical processes and have extensive marketing delivery and sales channels. Although there are many well-balanced vendors/products in this quadrant, some are in transition and possess evolving products, process maturity or both.”

“We believe this assessment reaffirms Finacle™ as a clear market leader in the global core banking system market,” said Haragopal Mangipudi, Global Head – Finacle, Infosys. “Finacle™ makes significant investments in research & development to ensure that our products are relevant to the evolving needs of customers in the banking industry. This allows us to continually bring new offerings like Finacle™ Digital Commerce and Finacle™ Mobile Banking Solution to help our clients tap new growth channels. The acknowledgement for our vision and thought leadership in this space is a reflection of our commitment to develop solutions for tomorrow’s banks.”

Finacle™ partners with banks to transform the customer experience, arming them with a host of innovations. Today Finacle™ is the solution of choice for 165 banks across 78 countries and serves more than 359 million customers efficiently.

*Gartner, Inc., “Magic Quadrant for International Retail Core Banking,” Don Free, September 26, 2012.

About the Magic Quadrant

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Infosys

Infosys partners with global enterprises to drive their innovation-led growth. That’s why Forbes ranked Infosys 15 among the top 100 most innovative companies. As a leading provider of next-generation consulting, technology and outsourcing solutions, Infosys helps clients in more than 30 countries realize their goals. Visit www.infosys.com and see how Infosys (NASDAQ: INFY), with its 150,000+ people, is Building Tomorrow’s Enterprise® today.

Safe Harbor

Certain statements in this release concerning our future growth prospects are forward-looking statements, which 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, time and cost overruns on fixed-price, fixed-time frame contracts, 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, 2012 and on Form 6-K for the quarter ended September 30, 2011, December 31, 2011 and June 30, 2012.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. 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.

Press contacts:

Infosys Press Office
Joya Ahluwalia
Infosys Ltd, India
080 – 41565002
Joya_Ahluwalia@infosys.com