Digital services giant Infosys has entered into a strategic partnership with Swiss wealth management software specialist Avaloq, to provide end-to-end (e2e) wealth management capabilities through digital platforms. As part of the agreement, Infosys will be a strategic implementation partner for Avaloq’s wealth management suite of solutions, helping clients modernize and transform their legacy systems into digital advisory platforms.
Infosys will leverage its Global Delivery Model and a standardized approach to implement Avaloq’s solutions for clients, with the goal of creating a one-stop-shop for wealth management clients. The two firms will work together to expand their remit beyond their core market of Switzerland, 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, while the partners will also will jointly run specialized courses for Infosys experts to get enabled on the Avaloq platform.
“We are excited to partner with Avaloq,” confirms Mohit Joshi, President of Infosys. “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. I am excited about taking Avaloq’s SaaS and other cloud-based offerings to our wealth management clients.”