Infosys, Provenir tie up to offer IT solutions

Infosys Technologies has tied up with Provenir Inc, a leading provider of enterprise customer lifecycle management software to the financial services
industry, to deliver professional services to Provenir.

The two companies have also agreed to jointly offer information technology services and solutions. According to Infosys, the new relationship is an important part of the company’s strategy, which will enrich its offerings and deliver clear competitive advantage to its clients. The company has also said that the relationship between Provenir and Infosys will enable clients to take advantage of Infosys’ best practices, consulting capabilities and technology expertise to quickly implement solutions that enable clients to fully leverage the broad capabilities of the Provenir Platform.

As a teaming partner, Provenir will have access to product expertise and strong application development and integration capabilities to help validate its product offerings. The partnership with Provenir will further enhance Infosys’ superior industry expertise while working with one of the leading solution providers in the financial services industry.

Provenir considers the deal very important as it would help business grow, particularly outside of North America. It expects the deal to help find ways to help its customers maximize the value and competitive advantage they can get from the Provenir Platform. According to the company, it looks forward to leveraging Infosys’ understanding of the financial services industry, deep client relationships, and global resources to deliver even greater value to its clients.

Provenir is a leading provider of enterprise software for managing the customer lifecycle. Founded in 1992, the company's historical focus on solutions for the financial industry has led to successful implementations at major banks and credit institutions. This proven ability to handle key financial data and processes is now enabling companies in other industries to make use of the Provenir Platform to manage their customer lifecycle interactions.

Companies use Provenir software to create customized systems from a common architecture, letting IT and business collaborate to maximize profitability of operations that impact financial performance. Business applications of Provenir technology include originations, prospecting, account management, collections and recovery, customer service, security, and compliance.