Tech mahindra
Tech mahindra

Perpetual and Tech Mahindra enter arrangement for registry

Tech Mahindra has today announced it has partnered with 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.

Paul Statham, Acting Group Executive of Perpetual Investments said: “We are delighted to announce this partnership with Tech Mahindra, an organisation that has the scale, experience and ability to deliver long-term investment in our registry operations to the benefit of Perpetual.

“We are also looking forward to seeing a complete refresh of registry IT infrastructure and applications which will allow us to focus on our core strengths.”

Rohit Gandhi, Head – Asia Pac, India, Middle East & Africa, 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.

“Tech Mahindra’s holistic approach offers organisations such as Perpetual with future ready solutions that provide competitive advantage and market differentiation.”

About Perpetual

Perpetual is an independent financial services group operating in funds management, financial advisory and trustee services. Our origin as a trustee company, coupled with our strong track record of investment performance, has created our reputation as one of the strongest brands in financial services in Australia. For further information, go to www.perpetual.com.au.

For further information, please contact:

Anne-Marie Baker
Manager Corporate Communications
Phone: +61 2 9229 3181
Email: anne-marie.baker@perpetual.com.au

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Tech Mahindra represents the connected world, offering innovative and customer-centric information technology experiences, enabling Enterprises, Associates and the Society to Rise™. We are a USD 4.4 billion company with 117,600+ professionals across 90 countries, helping over 840 global customers including Fortune 500 companies. Our convergent, digital, design experiences, innovation platforms and reusable assets connect across a number of technologies to deliver tangible business value and experiences to our stakeholders. Tech Mahindra is amongst the Fab 50 companies in Asia as per Forbes 2016 list.

The Mahindra Group is a USD 19 billion federation of companies that enables people to rise through innovative mobility solutions, driving rural prosperity, enhancing urban living, nurturing new businesses and fostering communities. It has a leadership position in utility vehicles, information technology, financial services and vacation ownership in India and is the world’s largest tractor company, by volume. It also enjoys a strong presence in agribusiness, components, commercial vehicles, consulting services, energy, industrial equipment, logistics, real estate, steel, aerospace, defence and two wheelers. Headquartered in India, Mahindra employs over 200,000 people across 100 countries.

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For further information please write to connect@techmahindra.com

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