09 October 2006

Compagnie Bancaire Espírito Santo Goes Live with Avaloq

Compagnie Bancaire Espírito Santo S.A. has successfully implemented Avaloq and now processes its entire banking transactions using the Avaloq Banking System.

As of last week, Compagnie Bancaire Espírito Santo S.A. (CBESSA), a private bank based in Lausanne, has been operating with Avaloq standard software. The bank now uses Avaloq as its core banking system. José Pedro Caldeira, CEO of CBESSA, expresses his satisfaction: "The introduction of the Avaloq Banking System was completed on schedule and within budget."

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