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Deutsche Asset & Wealth Management signs with Avaloq in Singapore

In a move seen to increase business process outsourcing efficiencies, Deutsche Asset & Wealth Management (DeAWM) has chosen Avaloq Sourcing Asia Pacific to complete the bank’s core IT platform and back office services in Singapore. Venkatesh Narasiah, chief operating officer, Asia Pacific, DeAWM, says, “DeAWM continuously examines its existing business and operating models in order to enhance performance and client…

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