20 September 2017
visit www.avoka.com

BT Financial Group goes live with Avaloq

17 July 2014  |  1573 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)

Related company news

 

Related blogs

Create a blog about this story (membership required)
download the paper nowvisit www.sibos.comvisit www.vasco.com

Who is commenting?

Top topics

Most viewed Most shared
HSBC switches on selfie payments in ChinaHSBC switches on selfie payments in China
11058 views comments | 24 tweets | 40 linkedin
Equifax hack: Visa and Mastercard flag 200k compromised credit cardsEquifax hack: Visa and Mastercard flag 200...
10445 views comments | 6 tweets | 17 linkedin
Dutch bank sentences teenage DDoS culprit to community serviceDutch bank sentences teenage DDoS culprit...
9227 views comments | 6 tweets | 3 linkedin
UAE banks pool cyber security dataUAE banks pool cyber security data
7712 views comments | 5 tweets | 4 linkedin
ING moves into digital wealth management with Scalable CapitalING moves into digital wealth management w...
7511 views comments | 14 tweets | 15 linkedin

Featured job

A minimum of £200K (not a limiting factor)
London

Find your next job