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NorthStar Partners With Infosys for Professional Services and Software Development.


BANGALORE, India & FREMONT, Calif. -- Infosys Technologies (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:INFY INFY Infosys Technologies Ltd (stock symbol) ), a world leader in consulting and information technology services, and NorthStar, a leading provider of wealth management software solutions to the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 industry, today announced they have entered into a partnership in which Infosys will deliver consulting services and application development for NorthStar.

The partnership between NorthStar and Infosys will enable clients to take advantage of Infosys' best practices, consulting services and technology expertise to build integration between NorthStar and third party providers. Delivering integrated, best-of-breed data, analytics and content through NorthStar's solutions will enhance wealth managers' advisory capabilities and empower them to meet client demand for holistic advice. The partnership also includes joint sales engagement and marketing activities.

Additionally, as a client, NorthStar will leverage Infosys' wealth management product expertise and strong application development and integration capabilities to streamline product development, enhance its product offerings and reduce time-to-market for releases. Infosys' partnership with NorthStar will further enhance its industry expertise by providing the opportunity to work with one of the leading solution providers to wealth management firms.

"We are delighted to have NorthStar as both a client and an alliance partner," said Ashok Vemuri, senior vice president and head of Infosys' Banking & Capital Markets business unit." This relationship is an important part of our strategy and is designed to enrich our offerings to the wealth management segment and enhance our market reach. The synergistic partnership with NorthStar will deliver clear competitive advantage to our clients."

All services and partner activity will be delivered via the Alliances & Product Services Group within the Infosys Banking & Capital Markets business unit. The Infosys Product Services Group currently has teams deployed for NorthStar in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , CA, New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, NY and Pune, India.

"Our partnership with Infosys demonstrates our commitment to providing clients with the global reach they may need, and to ensuring third party providers such as Infosys have the training and expertise to support and extend the NorthStar offering," said Collin Cohen cohen
 or kohen

(Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male.
, president of NorthStar. "Leveraging Infosys' understanding of the financial services industry, deep client relationships, and global resources allows us to deliver even greater value to our clients."

About Infosys Technologies Ltd.

Infosys (NASDAQ: INFY) defines, designs and delivers IT-enabled business solutions. These provide our clients with strategic differentiation and operational superiority, thereby increasing their competitiveness. Each solution we provide is delivered with the industry-benchmark "Infosys Predictability" that gives our clients peace of mind. With Infosys, they are assured of a transparent business partner, business-IT alignment with flexibility, world-class processes, speed of execution and the power to stretch their IT budget by leveraging the Global Delivery Model that Infosys pioneered. Infosys has more than 52,000 employees and 36 sales and marketing offices across 17 countries. For more information, visit www.infosys.com.

About NorthStar

NorthStar is a leading provider of enterprise-class advisory software solutions for financial services institutions, including broker dealers, banks & trusts, asset managers, and service providers to Registered Investment Advisors (RIA (Rich Internet Application) A Web-based application that approaches the speed and elegance of a local application. An RIA may refer to a browser-based application that uses AJAX or another enhanced coding technique. ). NorthStar offers an integrated suite of advisory solutions built on an enterprise wealth management platform that drives the full lifecycle of advisory processes in an integrated, streamlined manner and significantly improves advisory efficiency and effectiveness across the firm. NorthStar is backed by venture capital firms Name Location Founding date Managing Partners/Directors Specialty Capital managed
5AM Ventures Menlo Park, CA; Waltham, MA 2002 John Diekman, PhD (managing partner), Scott Rocklage, PhD (managing partner), Andrew Schwab (managing partner) life sciences $200M [1]
 Benchmark Capital Benchmark Capital is a venture capital firm responsible for the early stage funding of some very successful startups, including eBay. In 1995, the firm invested $6.7 million in eBay, which became worth more than $5 billion by the spring of 1999 and resulted in one of Silicon , H.I.G. Capital, Chess Ventures, Silicon Valley Bank as well as leading financial services institutions including Goldman Sachs The Goldman Sachs Group, Inc., or simply Goldman Sachs (NYSE: GS) is one of the world's largest global investment banks. Goldman Sachs was founded in 1869, and is headquartered in the Lower Manhattan area of New York City at 85 Broad Street. , Morgan Stanley To comply with Wikipedia's , the introduction of this article needs a complete rewrite.  and Merrill Lynch.
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Publication:Business Wire
Date:Jun 7, 2006
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