09 September 2002

Newly founded Private Bank in Geneva choose Avaloq

Newly founded Private Bank in Geneva starts on Avaloq Banking System

Zurich, 9th September 2002 - Private Bank Mitsubishi Tokyo Wealth Management (MTWM) started successfully on Avaloq Banking System. MTWM uses Avaloq via Business Service Outsourcing offered by ATAG Asset Management (AAM).

MTWM has completely outsourced its Middle- and Back Office business to their future Business Service Provider AAM. AAM assumes responsibility for the complete handling of MTWM’s business in Geneva, i.e. Trading, the major part of the Back Office Processing as well as Accounting (incl. Closing). A detailed Case Study will be made available within the next few days.

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