M&A

M&A

UST acquires core banking player Modus Information Systems

Business Line  

California, USA-based AI and technology transformation solutions company UST has acquired Bengaluru-based Modus Information Systems .Modus is a core banking implementation partner that primarily serves banks in India and across the Global South.Modus’ employees, services, and expertise will be offered from Bengaluru as part of UST’s larger global financial services practice. The Modus team of approximately 340 skilled professionals brings expertise in implementing and supporting core banking solutions.