Infy BPO to lose contracts from Deutsche Bank

Bangalore, Sep 3: Deutsche Bank, which has dealt in with Infosys BPO so long, decided to move a part of its back office processes from the IT giant.

The bank officials informed that critical processes related to clients' trade and derivatives will be shifted to Network Services in Whitefield.

500 employees are working on this process and another more than 500 BPO executives that are working for other processes of Deutsche Bank, will remain with Infosys.

After getting the news Infosys has already sent an official communique to those employees.

The software company has given them the option to leave the company son that they can be with Deutsche Network Services for much higher salaries.

Most of the people are accepting this MNC job offer as they have got about 50 percent salary increment, said a person close to the matter.

OneIndia News