01 March 2013

Avaloq Sourcing (Deutschland) AG appoints Andreas Bittner as Managing Director

Andreas Bittner is appointed Managing Director by Avaloq Sourcing (Deutschland) AG. The experienced manager possesses remarkable industry and management experience and has commenced his duties on March 1, 2013. The Avaloq Sourcing (Deutschland) AG is a joint venture between the Swiss banking software specialists Avaloq (51%) and the fee-based advisory specialist quirin bank AG (49%). The company as of today provides independent BPO services for private and foreign banks in Germany. Services include securities settlement, payment handling and the provision of complete banking systems. The executive board is complemented by Stefan Spannagl, CEO banking operations at quirin bank AG.

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