BIL Suisse, a Luxembourg-based private bank, has fully migrated to Avaloq’s Swiss business process outsourcing (BPO) solution B-Source Master.
The B-Source Master Standard Edition (SE), which is based on the Avaloq Banking Suite, fully covers banking processes and back office services in an integrated and highly industrialised manner.
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Avaloq claims that the migration will help BIL Suisse to provide enhanced client management and support due to the efficiency improvement and faster time-to-market for new products and services that this solution permits.
BIL Suisse CEO Thierry de Loriol said: "With the Avaloq group we have a strong partner at our side, supporting us in ensuring that our clients receive the best possible service. With this partnership, we significantly underpin and support our growth strategy."
Avaloq CEO Francisco Fernandez said: "Thanks to our BPO solution, BIL Suisse can place even more focus on providing its clients with advisory services and products of the highest quality."
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