Infosys and Metro Bank Join Forces to Modernize Financial Operations with Workday

Infosys Partners with Metro Bank to Modernize Financial Operations

In a groundbreaking initiative aimed at revolutionizing financial operations, Infosys, a leading global player in digital services, has announced a pivotal collaboration with Metro Bank, a prominent independent bank in the UK, and Workday, a major player in AI-based financial management solutions. The partnership focuses on modernizing Metro Bank's financial processes, replacing outdated legacy systems with a cohesive, cloud-native framework powered by Workday solutions.

The collaboration underscores Infosys' commitment to driving digital transformation in the banking sector by leveraging cutting-edge technology. By implementing a comprehensive suite of tools including Workday Financial Management, Workday Accounting Center, Workday Spend Management, and Workday Prism Analytics, this transformation aims to streamline business operations and centralize financial data across the bank. This move not only enhances operational efficiency but also positions Metro Bank for future growth by facilitating agile decision-making processes.

Agility and Enhanced Employee Experience

Marc Page, the Chief Financial Officer at Metro Bank, highlighted the strategic importance of this partnership, noting that it plays a crucial role in their long-term growth strategy. He emphasized that unifying finance operations through modern technologies will empower employees with self-service tools that simplify daily tasks. This approach fosters a more dynamic and efficient work environment, paving the way for the bank's evolution in a rapidly changing financial landscape.

Furthermore, through this modernization effort, Metro Bank aims to improve not only the agility of its operations but also the overall governance and risk management capabilities by introducing robust controls and detailed audit trails. Daniel Pell, Vice President and Country Leader at Workday UK & Ireland, reiterated the significance of embracing technology amidst the ongoing transformation within the financial services industry. He stated that the collaboration represents a clear vision to simplify complexities and empower the workforce, ultimately enhancing customer service.

A Vision for the Future

Dinesh Rao, Executive Vice President and Chief Delivery Officer at Infosys, noted that this partnership exemplifies the bank's intent to reimagine its operations for the digital age. By adopting a holistic approach to their technology transition, Metro Bank is set to unlock unparalleled efficiency and strategic agility. Rao pointed out that the financial services sector is increasingly leaning towards cloud-first strategies, which deliver unmatched flexibility and intelligence necessary for sustained growth and innovation.

Infosys, with its extensive expertise in facilitating enterprise transformations within the banking industry, believes that collaborative efforts with leading platforms like Workday are essential for navigating future challenges and opportunities. The dedication to continuous improvement in skills and support for agile digital solutions underscores Infosys' commitment to fostering an inclusive and environmentally sustainable workplace.

About Workday and Infosys

Workday stands out as a leading AI platform for managing organizational resources, blending intelligence to boost efficiency and effectiveness across sectors. With over 11,000 customers globally, including more than 60% of Fortune 500 companies, Workday is at the forefront of modern workforce management.

Infosys, celebrating over four decades of excellence, empowers organizations across 59 countries to embark on their digital transformation journeys. With a focus on cloud and AI-driven solutions, Infosys is committed to supporting clients in navigating a rapidly evolving business landscape.

As the partnership between Infosys, Metro Bank, and Workday unfolds, it signals a significant step forward in the modernization of financial operations, aiming for a future-ready enterprise that can respond proactively to market changes and customer needs.