UST completed the acquisition of Modus Information Systems.

UST, a digital transformation solutions company, completed the acquisition of Modus Information Systems, an India-based core banking implementation partner and digital services provider. Financial terms were not disclosed. “This is a defining moment for Modus. Joining forces with UST enables us to expand our capabilities and bring a broader, more powerful suite of services to our customers. By becoming part of the UST family, Modus will significantly enhance its ability to deliver end-to-end solutions at greater scale, speed, and depth—particularly in key areas such as application services, domain-centric technology solutions, infosec and cybersecurity, platform and hosting services, and system integration. Together, we will deliver greater innovation, agility, and measurable business outcomes,” Mohan Kumar KL, Modus CEO.