The deployment, through Infosys Finacle, a part of EdgeVerve Systems, has enabled HDFC Bank to replace legacy systems that relied heavily on manual processes with a modern, API-driven platform integrating its domestic and offshore wealth management operations.
According to the company, the new platform is designed to support faster innovation, broader product coverage and scalable delivery of personalised wealth management services, while improving client experience, relationship manager productivity and operational efficiency.
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Sajit Vijayakumar, Chief Executive Officer of Infosys Finacle, said, “We are pleased to collaborate with HDFC Bank on this important modernisation initiative, which consolidates its domestic and international wealth operations onto an advanced platform aimed at improving client engagement and supporting rapid growth.”
The solution provides a unified platform covering 12 asset classes, including mutual funds, fixed income securities, private equity, alternate investment funds, structured products, insurance and held-away assets, along with tools for risk and goal planning.
It also digitises margin lending through real-time collateral checks, automated workflows and risk controls for faster approvals and more accurate valuations.
Infosys said the platform also enables multi-currency portfolio management, real-time deal settlements, high-volume transaction processing and automated corporate actions. More than 350 application programming interfaces (APIs) have been integrated to improve agility, automate compliance, reduce costs and accelerate product launches.
Rakesh Singh, Group Head – Private Banking, International Banking, Financial Institutions and Banking-as-a-Service (BaaS) at HDFC Bank, said, “Our vision was to modernise wealth management with a unified, digital-first platform that delivers agility, efficiency, and innovation.”He said, “With the Finacle Wealth Management Solution, we have consolidated our domestic and offshore businesses, automated key operations across margin lending, bonds, and mutual funds, and empowered relationship managers with real-time insights.”
Singh added that the transformation would help the bank adapt more quickly to regulatory changes, scale profitably and deliver differentiated value to clients.
Shares of Infosys are trading 1.7% lower on Tuesday at ₹1,159.5, while those of HDFC Bank are down 1.3% at ₹743.25. Infosys shares have declined about 29% so far in 2026 and about 22% over the last 12 months, while those of HDFC Bank are down 25% so far this year and are trading close to their 52-week low.
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