UST Expands Core Banking Capabilities with the Acquisition of Modus Information Systems
Oct 09, 2025
Aliso Viejo (California) [US] / Bengaluru (Karnataka) [India], October 9: UST, a leading AI and technology transformation solutions company, has acquired Modus Information Systems Private Limited (Modus) in a strategic move that will strengthen UST's position in the financial sector. Based in Bengaluru, India, Modus is a core banking implementation partner that primarily serves several banks in India and across the broader Global South. As banks across the Global South accelerate digital transformation and core modernization, this acquisition positions UST to meet growing demand for scalable, future-ready banking solutions. Strategic move equips UST for further success serving finance and banking clients in emerging markets worldwide.