Private BankingRSS

HSBC Private Bank live with new core banking system, Avaloq Banking Suite

Avaloq gets new core banking customer in Switzerland

Global giant HSBC has deployed Avaloq’s flagship core banking solution, Avaloq Banking Suite, for its private banking operations. The system is now live in Switzerland and Luxembourg.

Temenos’ earnings up 23% in FY 2015

Temenos CEO David Arnott

Temenos’ earnings have risen by 23% for the full year (FY) 2015 on the back of 52% growth in total software licensing. Along with FY 2015, the vendor reported good results for the fourth quarter of 2015 – its IFRS (International Financial Reporting Standards) revenue was $168.4 million, up from $133.1 million in Q4 2014. […]

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