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Deutsche AWM is first private bank in Asia to outsource back office operations

Fourteen months after signing with Avaloq Sourcing Asia Pacific, Deutsche Asset & Wealth Management (AWM) has gone live with the business process outsourcing centre in Hong Kong and Singapore. When contacted, spokespersons from Avaloq and Deutsche AWM declined to comment on the recent integration. The project, which involves Avaloq Sourcing Asia Pacific, a subsidiary of Avaloq Group, supplying back office services…

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