ScoutQuest19 Oct 2026
Infosys500209Partnership update

Infosys expands Truist collaboration to support AI-first Global Capability Center in Hyderabad

Infosys has expanded its collaboration with Truist, a large US-based financial services company, to support the bank's AI-first Global Capability Center in Hyderabad.

By ScoutQuest · · 2 min read

Colleagues onboarding
More than 1,000 colleagues are being onboarded at the centre later this month
Truist total assets
$556 billion as of June 30, 2026
Infosys workforce scale
over 325,000 of its people work across clients in 59 countries

What was announced

Infosys has expanded its collaboration with Truist, described in the release as one of the largest US-based financial services companies, to support the bank's continued build-out of an AI-first Global Capability Center (GCC) in Hyderabad. A GCC is a captive centre that a company sets up in another country to carry out technology, data and operations work for its own business.

What changes on the ground

Size of the counterparty

Scale of the company doing the work

How to read it

The release is a business update on an existing client relationship in Infosys' banking and financial services vertical, framed around the bank's own captive centre in India rather than a standalone services contract. The stated design goals of the model are to reduce third-party dependency, manage global delivery complexity and cultivate future-ready technology talent at the centre. Truist's Chief Information Officer Steve Hagerman is quoted saying the India centre is a strategic investment in the bank's future and that the collaboration is about building enduring expertise, not just capacity. Dennis Gada, EVP and Global Head of Banking and Financial Services at Infosys, is quoted saying banks must move from modernising legacy infrastructure to deploying AI at scale across every function. The release carries a safe harbor section stating that statements about future events, growth prospects, offerings and collaborations are forward-looking and subject to risks and uncertainties that could cause actual results to differ.

More numbers
  • Colleagues being onboarded at the Truist GCC1,000 colleagues
  • Truist total assets as of June 30, 2026$556 billion
  • Infosys people325,000
  • Countries where Infosys works with businesses59 countries
Source: BSE · 19 Oct 2026

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