The contract covers Deutsche Bank’s wealth management businesses in six countries – Switzerland, Luxembourg, the UK, Saudi Arabia, Singapore and Hong Kong – and is one of Avaloq’s largest business process outsourcing (BPO) projects.
“Wealth Management is a key growth driver for Deutsche Bank so it is essential that we invest in the most technologically advanced solutions and platforms to help serve our clients around the world,” says Jan Wohlschiess, chief operating officer, and chief information officer for private banking and wealth management at Deutsche Bank.
