BBVA aims to further improve cost efficiencies and productivity with the transformation and innovation plan launched in 2007.
Nandan Nilekani, co-chairman, Infosys Technologies, said, "We are delighted to partner BBVA for this strategic project. Finacle, combined with the comprehensive services offering from Infosys, will offer a differentiating proposition to BBVA to achieve thier objectives."
While the deal size was not disclosed, it has been reported that BBVA, one of the top 15 global banks, plans to invest Euro 5.6 billion in technology over the next three years and