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Infosys US Subsidiary Buys Underwriting Platform from STEP Solutions; Stock Edges Lower
Infosys US Subsidiary Buys Underwriting Platform from STEP Solutions; Stock Edges Lower
The powerful rule-driven new business and automated underwriting platform from STEP will help Infosys McCamish in enhancing its industry-leading VPAS policy administration platform, Infosys said
Updated: February 17, 2021 10:22 am IST
At 10:10 am, the shares of Infosys had edged lower by 0.4 per cent to Rs 1,283.90
Infosys McCamish Systems, a US-based subsidiary of Infosys BPM, has bought the business and underwriting platform from STEP Solutions Group. STEP Solutions Group LLC is an affiliate of the Dillon Kane Group LLC based in Chicago. The financial details of the transaction have not been disclosed. ....

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