25 February 2009
Nomura opts for Swiss Avaloq Banking System
Japan-based Nomura Group has decided to install the core banking system from Avaloq for its Asia Wealth Management operations. Nomura's Wealth Management Division operating out of Singapore will use the Avaloq Banking System to process its front-end to back-end transactions in future. For Avaloq, this represents a further important milestone in its internationalisation strategy.