SBP selects Avaloq Banking System for French operations
SwissLife Banque Privée is to implement the Avaloq Banking System at its French operation, which was established last year.
The bank wanted to modernise its IT system in support of its expansion plans, said Jean-Michel Claude, research and development manager at SwissLife Banque Privée and manager of the project. “Avaloq will allow us to increase our operational efficiency and to better meet the requirements of our present and future customers.
“The parameterisation possibilities and the workflow structure of the software were key criteria in our decision-making process, as was the fact that the equity module is fully integrated with the cash modules,” he said, adding that meetings with existing Avaloq users in Switzerland and Luxembourg had helped in the decision-making process.
Orbium, one of Avaloq’s Premium Implementation Partners, will be assisting Avaloq France during the implementation. “This is Orbium’s first project in France. We are delighted to be able to contribute our expertise in the field of software and our experience of implementation projects in private banks,” said Samir Gherbi, Orbium partner in charge of the project.
