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Infosys & Temasek form joint venture collaboration for 5 years

By Gloria Mathias

October 17, 2023

  • AI platforms
  • APAC Fintech news
  • Artificial Intelligence
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Temasek, Infosys, Fintech, Financial Services, Joint Collaboration, Singapore, Bengaluru, Financial Technology, Infosys, a global digital service, and consulting has announced a five-year extension of its joint venture collaboration with Temasek, a global investment firm headquartered in Singapore.

Infosys Compaz (iCompaz), the Infosys-Temasek joint venture (JV) company, has collaborated with large corporations in Southeast Asia on their digital transformation journeys, leveraging its deep technology expertise across cloud, data and analytics, cybersecurity, digital, artificial intelligence (AI) and automation, among others.

The extension demonstrates the shared objective of creating impactful digital transformation and investing in digital talent in Singapore. This announcement further deepens the commitment that Infosys had made in 2018, to invest in advanced technologies and capability-building.

iCompaz is powered by Infosys’ deep capabilities in business innovation through Infosys Cobalt, a set of services, solutions, and platforms for enterprises to accelerate their cloud journey. Leveraging Infosys Topaz, an AI-first set of services, solutions and platforms using generative AI technologies, iCompaz will enable clients to create value from unprecedented innovations, pervasive efficiencies, and connected ecosystems.

Dennis Gada, EVP, Head of Financial Services, Infosys, said, “We deeply value our collaboration with Temasek, and it has helped us scale both technology capabilities and talent base in the region. Our journey over the last 5 years has demonstrated shared aspirations of amplifying human potential. We look forward to further building on the strong foundation we have laid together to provide differentiated value to all stakeholders across the region.”

Rao Baskara, Chief Technology Officer, Temasek, said, “We look forward to extending our collaboration and the next phase of growth of iCompaz as it continues to provide quality digital services to companies in Southeast Asia. This engagement also enhances Temasek’s capabilities, and enables us to harness the potential that digital transformation brings.”

Manohar Atreya, CEO, Infosys Compaz, said, “iCompaz has proven its expertise in the sphere of large-scale digital and IT transformation. We are delighted to extend this collaboration with Temasek, as we continue to leverage the global scale and depth of Infosys in intelligent AI platforms and data solutions, to help clients navigate their next journey in business transformation.”

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