India’s largest bank-sponsored mutual fund has replaced four different front, middle and back office systems with one.

SBI Mutual Fund, a joint venture between State Bank of India and Société Générale Asset Management of France, said it installed the Intellect Mutual product of the Intellectual GUB suite of software to run an integrated front-, middle- and back-office system to manage its mutual funds The firm said $8.2 billion and 6 million customers are invested in its portfolio of funds.

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