Infosys announced a strategic partnership with Avaloq, a leading wealth management software and digital technology provider based in Zurich, to provide end-to-end (e2e) wealth management capabilities through digital platforms. Infosys said it will be a strategic implementation partner for Avaloq’s wealth management suite of solutions to help clients modernize and transform their legacy systems into cutting-edge digital advisory platforms. Infosys will make use of its Global Delivery Model and a standardized approach to implement Avaloq’s solutions for clients. The combination of Avaloq’s specialized knowledge and experience in providing end-to-end wealth management solutions and Infosys’s global presence and digital transformation capabilities will help create a one-stop-shop for wealth management clients. Infosys will work closely with Avaloq to develop market opportunities beyond Switzerland and go to market capability for targeted accounts across multiple geographies. With an initial focus on EMEA and APAC regions, the partnership aims to offer e2e products and services as Software-as-a-Service (SaaS), private cloud or public cloud across the globe.
Mohit Joshi, president, Infosys, said the company is making significant investments in this partnership, which will materially enhance the value the company offers to its financial services clients and will complement its approach to provide industry-focused wealth management solutions. Juerg Hunziker, CEO, Avaloq, said the company plans to extend its leadership position and provide its SaaS and BPaaS services to the global wealth management segment and its industry-leading wealth management products coupled with Infosys’s proven delivery strengths will provide an integrated end-to-end solution for wealth management.
