Indian IT Giant Infosys has entered into a strategic partnership with Avaloq, a wealth management software and digital technology provider headquartered in Switzerland, to provide end-to-end wealth management capabilities through digital platform. Infosys will be an implementation partner for Avaloq’s wealth management suite of solutions, to help clients modernize and transform their legacy systems into digital advisory platforms. The partnership aims to offer end-to-end products and services as Software-as-a-Service (SaaS), private cloud, or public cloud across the globe 

What this means: 

The deal is expected to help Infosys expand their global reach. The Company hopes to focus their operations in Europe, the Middle East and Africa and Asia-Pacific (APAC) regions. What the Company aims is to “create a one-stop-shop” for its wealth management clients. Infosys is making significant investment in the said partnership which they hope will enhance the value of their financial services and will complement their approach to provide industry focused wealth management solutions.​