Avaloq Makes Orbium Premium Implementation Partner

Zurich, 4th May 2009 - Avaloq is consolidating its five-year partnership with Orbium: the international consulting company,which focuses on the financial sector, has been given premium partner status for Switzerland.

Orbium employs over 100 people, including more than 80 Avaloq-certified consultants, making it Avaloq’s second largest implementation partner. Orbium was the first Avaloq partner to implement the Avaloq Banking System outside Switzerland: At the beginning of January 2009, LBBW Luxembourg successfully began using Avaloq’s core banking system. In addition, Orbium is currently setting up an office in Singapore to provide Avaloq with the support of consultants in the region. Orbium has specifically geared its strategy in and outside Switzerland to the Avaloq platform.

”Just like Avaloq, Orbium has been an outstanding success story in recent years. With its solid expertise, both in banking and in the relevant IT areas, it is the perfect partner to successfully roll out our solution,” said Francisco Fernandez, CEO of Avaloq Evolution AG, commenting on the new agreement.
Samir Gherbi, Managing Partner at Orbium, added: “To date, we have grown extremely successfully in Switzerland with our Avaloq-focused strategy and have received active support from our partner in our expansion abroad. All in all, this is a win-win-win situation for our clients, for Avaloq and for Orbium". As part of their ongoing expansion, the two companies plan to offer their services jointly in other banking centers.


About Orbium

Orbium is a consulting company focusing exclusively on the financial services sector. With its proven banking and technological expertise based on many years of experience, Orbium helps its clients to implement business and IT strategies. Orbium offers its clients a broad range of services and products. The consulting services mainly include business process optimisation and extensive IT services, from the definition of IT strategies right through to system implementation. A successful and longstanding partnership with Avaloq has made Orbium a leading implementation partner for the Avaloq Banking System. Orbium has offices in Zurich, Geneva, Luxembourg and Singapore.


About Avaloq

The Avaloq Group is the Swiss market leader for standardised banking software, with locations in Luxembourg and Singapore. Over 35 banks worldwide rely on the Avaloq Banking System, which is specifically tailored to suit the business processes and requirements of an innovative bank. Whether you are a private, retail or universal bank, Avaloq increases your efficiency and improves transparency. However, Avaloq offers a lot more than a banking system: the Avaloq Academy ensures that all project team members have been properly trained so they can leverage the full potential of the Avaloq Banking System. And the Avaloq Community brings together over
35,000 Avaloq users, customers and partners to share information on the Avaloq Banking System and Banking Software.
  

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