Mumbai (Maharashtra) [India], May 18 (ANI/PRNewswire): Larsen & Toubro Infotech Ltd. (BSE: 540005), (NSE: (https://www.lntinfotech.com/investors) LTI, a global technology consulting and digital solutions company has entered into a strategic engagement with Hoist Finance AB, a pan European financial services company, to provide Banking-as-a-Service for Performing Loans segment through its (https://www.lntinfotech.com/news-event/lti-selects-temenos-to-launch-digital-banking-platform-in-the-nordic-market) Digital Banking Platform.
LTI s Digital Banking platform, powered by Temenos, will enable Hoist Finance to be more scalable and with faster on-boarding of new asset classes across regions. The platform provides seamless interoperability, agility, and higher security at a lower total cost of ownership.
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Welcome To IANS Live - BUSINESS - L&T teams up with Hoist Finance for digital banking in Europe
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Hoist Finance selects LTI s Digital Banking Platform to achieve accelerated growth in Europe
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Information Technology stocks were trading with losses, with the S&P BSE IT Sector index decreasing 283.72 points or 1.06% at 26458.79 at 13:49 IST. Among the components of the S&P BSE IT Sector index, Intellect Design Arena Ltd (down 8.42%), Indiamart Intermesh Ltd (down 4.56%),Tata Elxsi Ltd (down 2.22%),Larsen & Toubro Infotech Ltd (down 2.19%),Wipro Ltd (down 2.12%), were the top losers. Among the other losers were Cigniti Technologies Ltd (down 1.94%), Tech Mahindra Ltd (down 1.88%), Happiest Minds Technologies Ltd (down 1.76%), eClerx Services Ltd (down 1.66%), and Mindtree Ltd (down 1.62%). On the other hand, Subex Ltd (up 7.98%), Nucleus Software Exports Ltd (up 7.58%), and Majesco Ltd (up 4.94%) turned up.