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AAM:Costs under control thanks to full-outsourcing
An ever greater number of small and medium-sized financial institutions are not only outsourcing their IT and back office operations (partial-outsourcing), but also all the business processes that follow the investment decision (full-outsourcing). This allows them to concentrate more on customer relations. The full-outsourcing offer of ATAG Asset Management (AAM) thus helps not only to reduce fixed costs, but also guarantees continuity and professional processing services.
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PostFinance relies on Avaloq Banking System
In the finance industry the industrialisation process is in full swing. New technology is leading to the emergence of completely new business models. Thanks to new technology, the sale of financial products is already freeing itself from production. A milestone in this process is PostFinance's mortgage model that PostFinance, using the Avaloq Banking System, will start running in May of 2003. The combination of PostFinance as distributor and customer bank, Avaloq as technology partner and UBS as risk taker and producer redefines the value chain for credit products. Further business areas will follow.
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