Indian technology services provider Infosys (NSE:INFY, BOM:500209) said Bank CTBC Indonesia, a subsidiary of CTBC Group, Taiwan, has deployed the Finacle digital banking solution suite, according to a Tuesday filing with the Indian bourses.

The adoption of the cloud-native digital banking suite is expected to shorten the Indonesian bank's time-to-market for new products and services, the filing said.

The Finacle digital banking solution suite was implemented by Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys.

Infosys shares were up nearly 5% in recent trade.