Private BankingRSS

Luxoft Financial Services acquires Unafortis for new global Avaloq practice

Luxoft goes shopping

Luxoft Financial Services is moving into the Avaloq implementation and consulting business with the acquisition of Unafortis, a Swiss wealth management consultancy firm.

Banif Bank Malta in business, ops and tech shake-up

Banif Bank in major tech overhaul

Malta-based Banif Bank is harbouring ambitious growth plans and is looking to modernise its technology enterprise-wide, front-to-back office as a key part of this strategy.

Avaloq Community Conference 2017: not trapped in a geography

Avaloq Community Conference 2017

Avaloq has hit back at Temenos’ claims that it is “trapped in a relatively small geography” by pointing to its revenue rise and innovation drive as reasons for something to be cheerful about.

Vontobel in digital banking transformation with Appian

Vontobel in digital banking revamp

Appian, a US-based provider of low-code application platform, says it has been enlisted by Vontobel Bank “to execute its digital transformation strategy across all business divisions”.

Avaloq Community Conference 2017: embracing blockchain and Bitcoin innovation

Avaloq Community Conference 2017

Swiss core banking software vendor Avaloq is prepared to tap into the potential of blockchain and Bitcoin over the next 12 months as it seeks to experiment and innovate more in these areas.

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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