Country for PR: United Kingdom
Contributor: PR Newswire Europe
Monday, July 29 2019 - 21:05
Al Ahli Bank of Kuwait Partners With EdgeVerve for its Robotic Process Automation Journey
KUWAIT City, July 29, 2019 /PRNewswire-AsiaNet/ --

Al Ahli Bank of Kuwait has partnered with EdgeVerve Systems 
(, a subsidiary of Infosys (NYSE: INFY) 
( to steer its automation journey using AssistEdge 
Robotic Process Automation (RPA). 


The award-winning scalable automation platform, AssistEdge is an end-to-end 
service for building and implementing RPA. It provides integrated software 
robots to automate any high-touch, repetitive process. Used to modernize 
customer service, improve business processes and enhance operational 
productivity, it spans the entire gamut of automation.

Somnath Menon, Group Chief Operating Officer – Al Ahli Bank of Kuwait, said, 
"Robotic Process Automation is part of ABK's digitization strategy to 
transition to the next level of innovation and technology in banking. ABK has 
collaborated with EdgeVerve and successfully implemented RPA in key areas of 
Operations and Information Security. We continue expanding the scope to include 
other areas to improve efficiency, productivity, security, and enhance customer 
experience. The automation journey will enable us to migrate repetitive tasks 
to the digital workforce and reskill our staff to deliver more value added 

Atul Soneja, SVP & Global Head – Edge Products and Infosys Nia, said, 
"AssistEdge has been delivering sustained value to many large enterprises 
around the world. Known for its security and scalability, AssistEdge has 
successfully accelerated the large-scale automation led transformation in 
numerous banks. We are excited to work with Al Ahli Bank of Kuwait in their 
process automation journey, driving cost efficiencies and streamlining its 
operations. Our relationship with Al Ahli Bank comes at a critical juncture as 
the industry pivots towards intelligent automation, and AssistEdge is well 
poised to release a series of breakthrough innovations to help our clients 
embrace cognitive capabilities."

Venkatramana Gosavi, SVP and Global Head of Client Engagement, Infosys Finacle, 
said "Al Ahli Bank of Kuwait has been a front runner in adopting leading edge 
technologies to accelerate growth and deliver a digital age banking experience 
to its customers. The bank has already achieved a generational leap with the 
next generation Finacle suite of banking solutions. We are pleased that the 
bank has chosen EdgeVerve's AssistEdge to expand its transformation journey and 
drive scalable automation to enhance customer service and productivity."

EdgeVerve Systems Ltd.

EdgeVerve Systems, a wholly owned subsidiary of Infosys, develops innovative 
software products and offers them on premise or as cloud-hosted business 
platforms. Our products help businesses develop deeper connections with 
stakeholders, power continuous innovation and accelerate growth in the digital 
world. We power our clients' growth in rapidly evolving areas like banking, 
interactive commerce, distributive trade, customer service and enterprise 
buying and help them navigate their digital journey with our AI-enabled 
Automation and Business Solutions.

At EdgeVerve, we are making constant strides towards transforming enterprises 
by providing AI-enabled Business Applications, leveraging the Infosys Nia™ 
Platform with capabilities across the Automation continuum. Today EdgeVerve 
products are used by global corporations across financial services, insurance, 
retail and CPG, life sciences, manufacturing and telecom.

To know more, visit

About Infosys

Infosys is a global leader in next-generation digital services and consulting. 
We enable clients in 45 countries to navigate their digital transformation. 
With over three decades of experience in managing the systems and workings of 
global enterprises, we expertly steer our clients through their digital 
journey. We do it by enabling the enterprise with an AI-powered core that helps 
prioritize the execution of change. We also empower the business with agile 
digital at scale to deliver unprecedented levels of performance and customer 
delight. Our always-on learning agenda drives their continuous improvement 
through building and transferring digital skills, expertise, and ideas from our 
innovation ecosystem.

Visit to see how Infosys (NYSE: INFY) can help your enterprise 
navigate your next.

Safe Harbor

Certain statements mentioned in this release concerning our future growth 
prospects are forward-looking statements regarding our future business 
expectations intended to qualify for the 'safe harbor' under the Private 
Securities Litigation Reform Act of 1995, which involve a number of risks and 
uncertainties that could cause actual results to differ materially from those 
in such forward-looking statements. The risks and uncertainties relating to 
these statements include, but are not limited to, risks and uncertainties 
regarding fluctuations in earnings, fluctuations in foreign exchange rates, our 
ability to manage growth, intense competition in IT services including those 
factors which may affect our cost advantage, wage increases in India, our 
ability to attract and retain highly skilled professionals, time and cost 
overruns on fixed-price, fixed-time frame contracts, client concentration, 
restrictions on immigration, industry segment concentration, our ability to 
manage our international operations, reduced demand for technology in our key 
focus areas, disruptions in telecommunication networks or system failures, our 
ability to successfully complete and integrate potential acquisitions, 
liability for damages on our service contracts, the success of the companies in 
which Infosys has made strategic investments, withdrawal or expiration of 
governmental fiscal incentives, political instability and regional conflicts, 
legal restrictions on raising capital or acquiring companies outside India, and 
unauthorized use of our intellectual property and general economic conditions 
affecting our industry. Additional risks that could affect our future operating 
results are more fully described in our United States Securities and Exchange 
Commission filings including our Annual Report on Form 20-F for the fiscal year 
ended March 31, 2019. These filings are available at Infosys may, 
from time to time, make additional written and oral forward-looking statements, 
including statements contained in the company's filings with the Securities and 
Exchange Commission and our reports to shareholders. The company does not 
undertake to update any forward-looking statements that may be made from time 
to time by or on behalf of the company unless it is required by law.

Source: EdgeVerve