Security Bank partners with Avaloq to revolutionize wealth management in Philippines

Security Bank partners with Avaloq to revolutionize wealth management in Philippines

Security Bank, a premier Makati-based private universal bank in the Philippines, has embarked on a significant digital transformation journey by partnering with Avaloq, a global leader in wealth management technology and software. This strategic alliance aims to revolutionize Security Bank’s wealth management business through the deployment of the Avaloq Core Platform and the Relationship Manager […]

HCL Technologies to acquire Switzerland-based Confinale for $54m

HCL Technologies to acquire Switzerland-based Confinale for $54m

HCL Technologies said that its fully-owned subsidiary — HCL Technologies UK Limited, has agreed to acquire Confinale AG, a Swiss digital banking and wealth management consulting company. The consideration for the acquisition is CHF 53 million (INR 41,242 crores or $54 million) in cash, which includes earn-outs. Established in 2012, Confinale is engaged in IT […]