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Barclays Wealth enters 10-year deal with Tech Mahindra

Barclays’ wealth arm has signed an agreement with Indian IT outsourcing and consulting agency, Tech Mahindra, and its specialist banking and integration subsidiary, Sofgen, as part of the private bank’s overall tech revamp. Barclays Wealth, which had been operating on Avaloq’s Banking Suite for a number of years, as well as Charles River’s investment management platform, IMS, will now switch to…

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