The $758-billion asset manager has picked digital consultants UST to take over services across its IT infrastructure and support division.

Confirming the same, a Schroders spokesperson in a statement to ET said, “Schroders has partnered with UST, a global digital transformation solutions provider, to outsource a range of in-house global technology services.”

This forms part of the operational and digital transformation currently underway at Schroders as part of its commitment to enhancing speed, agility, and efficiency within its operations, the fund group said.

Schroders is committed to innovation and the partnership with UST further underscores this focus; these changes will deliver better client outcomes and support clients’ evolving needs, it said.

The services being transitioned are within the IT infrastructure and support division (networks, service desk, desktop user support and server infrastructure). Infosec and cybersecurity remain unchanged, Schroders said.

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UST has worked closely with Schroders for 14 years. It offers a wide range of services, including digital transformation, cloud transformation and data analytics, the fund group explained.