03 August 2015

BT Financial Group goes live with Avaloq

17 July 2014  |  1143 views  |  0 Source: Avaloq

Going live for Avaloq Banking Suite on new BT Panorama Operating Platform creates new opportunities for Avaloq to enter the global platform market.

The Avaloq group, an international leader in integrated and comprehensive solutions for wealth management, universal and retail banks, today announces the successful going live of its first Australian customer.

BT Financial Group, the wealth management arm of the Westpac Group, recently successfully completed their first milestone in the implementation of the Avaloq Banking Suite using it to replace as many as seven heritage systems and provide the more than 13,000 BTFG users with the ability to manage a broad range of investments in one single application.

Avaloq is providing the core technologies to BT Financial Group's new Panorama operating system, the first phase of which recently went live with the launch of the cash/term deposit component of the platform. The next deliverable, investment platform functionality, is currently being rolled out to the Panorama platform.

"The contribution of Avaloq to the first release of BT Financial Group's Panorama operating system has been significant. We are looking forward to continuing this relationship as we roll out this important new phase in Australian Financial Services," says John Shuttleworth, General Manager - Platforms and Operations at BT Financial Group.

"The going live at BT Financial Group is a great achievement for Avaloq's Australian team. The progressive adaptation of the Avaloq Banking Suite to the Australian financial platform sector opens up further local opportunities and other potential markets, in specifically the UK and also the Asia Pacific region," says Peter Scott, Avaloq Regional General Manager Asia Pacific and Executive Board member.

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Related blogs

Create a blog about this story (membership required)

Related company news

 
Your browser is unable to support Flash files.

Top topics

Most viewed Most shared
ING Bank introduces voice-activated mobile...
10640 views comments | 28 tweets | 31 linkedin
Will Uber be the Uber of banking?
8711 views comments | 41 tweets | 31 linkedin
Payments and capital markets sectors domin...
6730 views comments | 17 tweets | 19 linkedin
Bank branches key to fending off digital c...
6422 views 11 comments | 21 tweets | 29 linkedin
MasterCard to connect Europe to Samsung Pa...
6422 views comments | 20 tweets | 14 linkedin

Featured job

to £100K base, double OTE, stock options
London, UK

Find your next job