15 December 2017
visit http://response.ncr.com

Edmond de Rothschild goes live on Avaloq Banking Suite in Switzerland

26 October 2017  |  2795 views  |  0 Source: Avaloq

Avaloq is proud to announce that the community of banks relying on its outsourcing solutions has grown further with the going live of Edmond de Rothschild (Suisse) S.A in Switzerland.

Avaloq has successfully implemented the Avaloq Banking Suite for the Swiss private banking operations at the family-controlled financial group focused on private banking and asset management.

Edmond de Rothschild (Suisse) S.A. in Switzerland has successfully gone live with the Avaloq Banking Suite. Headquartered in Geneva, Switzerland, with offices, branches and subsidiaries throughout the world, Edmond de Rothschild (Suisse) S.A. is specialised in private banking and asset management. In addition to its core business, the company is active in corporate finance, private equity and investment fund administration.

Following the successful going live, Avaloq now provides Edmond de Rothschild (Suisse) S.A. with a comprehensive set of outsourcing services. These services include the implementation and maintenance of the Avaloq Banking Suite, a digital front-to-back platform, application management and IT infrastructure and operation. It also provides a new, centralised operating model based on a homogenous IT platform with the same processes across all regions. This new model enables improved support of all of the bank’s branches in Switzerland. In 2018, additional entities of Edmond de Rothschild (Suisse) S.A. in Monaco and Luxembourg will be migrated to the same setup based on the Avaloq Banking Suite.

Ariane de Rothschild, President of the Executive Committee of the Edmond de Rothschild Group, explains: “The delivery of our new IT platform, as planned and on time, is key in allowing us to innovate and fulfil our digital ambitions to provide outstanding solutions that meet our clients’ evolving needs.”

“We are delighted that Edmond de Rothschild (Suisse) S.A. in Switzerland has gone live with the Avaloq Banking Suite managed by our Swiss BPO centre,” adds Markus Gröninger, Avaloq’s Group Chief Global Processing Network. “Thanks to improved efficiency and effectiveness, we will help the bank to reduce costs and free up resources, which will provide more operational leeway to focus on business development and existing customers.”

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.response.ncr.comvisit www.atos.netvisit www.solutions.lexisnexis.com

Top topics

Most viewed Most shared
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
10354 views comments | 17 tweets | 25 linkedin
satelliteRipple completes XRP Lockup
9689 views comments | 3 tweets | 2 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
9107 views comments | 17 tweets | 36 linkedin
Alior Bank to use Open API platform and accelerator to create fintech marketplaceAlior Bank to use Open API platform and ac...
7675 views comments | 20 tweets | 11 linkedin
Australian Government amends AML rules to cover digital currenciesAustralian Government amends AML rules to...
7299 views comments | 15 tweets | 24 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job