Tech Mahindra bags Perpetual registry services deal

BANGALORE, INDIA: Tech Mahindra announced it has partnered with Australian financial services firm, Perpetual to provide registry services. Tech Mahindra will assume responsibility for Perpetual's existing registry capability supporting its Wholesale, WealthFocus and Select investment, superannuation and pension products. The agreement covers both administration and technology services. All client facing services remain with Perpetual.

Rohit Gandhi, head - APAC, India, MEA, Tech Mahindra said: "This is a significant landmark engagement for Tech Mahindra both locally and globally as our capabilities and presence within the financial services industry continue to evolve. Organisations in this sector are increasingly looking for new multi-layer ways to optimise their technology, business processes and infrastructure investments whilst simultaneously adding client value."