NEWTOWN, Pa., Jan 18 (Bernama-GLOBE NEWSWIRE) -- EPAM Systems, Inc. (NYSE:EPAM), a leading global provider of product development and software engineering solutions, today announced that UBS AG, the world's largest wealth manager, has signed a multi-year strategic framework agreement. For the past nine years, UBS and EPAM have collaborated to stay at the forefront of technology, positioning UBS as a global leader in innovative financial products and services. The agreement, which is valued at over $300M, supports the bank’s strategic cost reduction program. This commitment to efficiency allows EPAM to continue to focus on innovative, end-to-end solutions, reducing time-to-market and improving ROI on technology investments.
“Over the past nine years, EPAM has become a key supplier in helping us meet our clients’ expectations by working closely together with UBS, while maintaining commitments to productivity and quality of delivery,” said Mike Dargan, Group Head of Information Technology, UBS. “We now look forward to evolving this valued relationship further over the coming years.”
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