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HSBC Private Bank signs up for Avaloq Banking Suite

In a bid to increase efficiency and standardise its global processes, HSBC Private Bank has signed an agreement with Avaloq to use its IT platform, Avaloq Banking Suite, in branches around the world. In a press release, John Armstrong, chief operating officer, global private banking at HSBC said implementing Avaloq’s platform will help the bank improve “operational efficiency levels and…

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