On May 26, 2020, Infosys Limited, a global leader in next-generation digital services and consulting, has entered into the partnership with Avaloq, a Swiss company that develops and provides software for core banking, to offer end-to-end (e2e) products and services as Software-as-a-Service (SaaS) across the world to its clients.
Key Points:
i.This tie-up will not only help Infosys to leverage its Global Delivery Model and a standardized perspective to implement Avaloq’s solutions but also help latter’s unique knowledge and experience in providing e2e wealth management solutions combined with Infosys’ global presence and digital transformation capabilities will help create a one-stop-shop for wealth management clients.
ii.Infosys will also get the benefit to expand its market beyond Switzerland with an initial focus on EMEA (Europe, the Middle East and Africa) and APAC (Asia-Pacific) regions.
About Infosys Limited:
Headquarters– Bangalore, Karnataka
Chief Executive Officer and Managing Director – Salil Parekh
About Avaloq:
Headquarters– Freienbach, Switzerland
Chief Executive Officer(CEO)- Jürg Hunziker
