International digital providers supplier Infosys has agreed a strategic partnership with Zurich-headquartered wealth administration software program and know-how supplier Avaloq.
The partnership will assist bolster end-to-end (e2e) wealth administration choices.
As a part of the deal, India-headquartered Infosys will likely be a “strategic implementation partner” for Avaloq’s wealth administration suite of options to assist corporations modernise and rework their legacy programs.
The corporations goal to create a “one-stop-shop” for wealth administration shoppers, they mentioned.
With an preliminary give attention to Emea and Apac areas, the partnership goals to supply e2e services and products as software-as-a-service (SaaS), non-public cloud or public cloud throughout the globe.
Moreover, Infosys and Avaloq will collectively run specialised programs for Infosys consultants to get geared up on the Avaloq platform.
Mohit Joshi, president of Infosys, mentioned: “We are making significant investments in this partnership, which will materially enhance the value we offer to our financial services clients and will complement our approach to provide industry-focused wealth management solutions.”
Juerg Hunziker, chief govt of Avaloq, mentioned: “We plan to extend our leadership position and provide our SaaS services to the global wealth management segment.”