Infy, NorthStar tie up for wealth creation

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| According to the agreement, Infosys will deliver consulting services and application development support to NorthStar, Infosys said in a release. |
| The partnership between NorthStar and Infosys will enable clients to take advantage of Infosys' best practices, consulting services and technology expertise to connect NorthStar and third party providers. |
| Delivering integrated, best-of-breed data, analytics and content through NorthStar's solutions will enhance wealth managers' advisory capabilities and empower them to meet the client demand for holistic advice. The partnership includes joint sales engagement and marketing activities, it added. |
| Additionally, as a client, NorthStar will leverage Infosys' capabilities to streamline product development, enhance its product offerings and reduce time-to-market for releases. |
| "We are delighted to have NorthStar as both a client and an alliance partner," said Ashok Vemuri, senior vice president and head of Infosys? banking & capital markets business unit. The relationship was designed to enrich the company's offerings to the wealth management segment. |
| All services and partner activity will be delivered via the alliances & product services group within the Infosys banking & capital markets business unit. The Infosys Product Services Group presently has teams deployed for NorthStar in San Francisco, California, New York and Pune. |
| "Our partnership with Infosys demonstrates our commitment to providing clients with the global reach they may need, and to ensure third party providers like Infosys have the training and expertise to support and extend the NorthStar offering," said Collin Cohen, president of NorthStar |
First Published: Jun 08 2006 | 12:00 AM IST