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June 29, 2022
Finance Technologies

Deutsche Bank signs 2028 contract extension for Avaloq tech

Deutsche Bank has extended its contract with banking technology provider Avaloq, in a deal which will see the latter continue to provide its systems for the Tier 1 bank in Asia and Europe until 2028. Deutsche Bank has been an Avaloq customer since 2013 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…
Deutsche Bank signs 2028 contract extension for Avaloq tech

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