22 May 2013
Ticino Cantonal Bank opts for Avaloq Front Suite
The Avaloq group, the international reference for integrated and comprehensive banking solutions, today announced the signing of contracts with Ticino Cantonal Bank (BancaStato) for its Avaloq Front Suite. BancaStato is the first cantonal bank in Switzerland that chose Avaloq’s front office banking suite. For Avaloq, it is the 7th contract signature for the Avaloq Front Suite in the past 15 months. BancaStato will become the first bank to use the Avaloq Front Suite in an outsourcing model operated by B-Source, Avaloq’s Business Process Outsourcing (BPO) subsidiary in Switzerland.