Avaloq announces collaboration with Thomson Reuters and oraïse

Zurich, 25 September 2012: Avaloq, the international reference for integrated and comprehensive banking solutions, has joined up with Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, and oraïse, an IT Business Partner with strong expertise in market data environments and software and system development, to enhance the pricing data availability for Avaloq’s core banking platform. The result of this collaboration is the availability of a certified adapter from oraïse that enables fully redundant integration of the Avaloq Banking System with intra-day and end-of-day pricing data from Thomson Reuters.

The integration solution allows business critical pricing data from Thomson Reuters to be imported into the Avaloq Banking System faster, easier and more efficiently. As part of the solution the newly developed oraïse adapter is optimized for operation in a data processing centre. Additionally to this solution oraïse provides access to Thomson Reuters pricing data as a hosted service.

“The collaboration with Thomson Reuters and oraïse combines the highest data quality with innovative IT know-how and excellent services to meet the specific requirements of our banking clients“, explained Christian Graber, Head of Software Partner Management at Avaloq Evolution AG.

Christian Adler, Head of Account Management Switzerland at Thomson Reuters, adds:

“Thomson Reuters is keen to work with industry partners to ensure financial institutions have access to our market leading information services. Working with Avaloq and oraïse to integrate our content with the Avaloq Banking System ensures financial professionals can have instant access to more of our business critical data directly via their chosen workflow solution.”

“The cooperation with Avaloq and Thomson Reuters underlines our long-time expertise as a specialized IT Business Partner in the market data environment. The new solution for the Avaloq Banking System and the associated hosting services are a perfect extension of our portfolio. We are very pleased about the cooperation with Avaloq and Thomson Reuters and we are convinced that this collaboration will provide a sustainable added value to our clients“, adds Manuel Raeber, Managing Director oraïse Schweiz AG, as conclusion.

About Avaloq:
The Avaloq group is the international reference for integrated and comprehensive banking software solutions for retail, wealth management and universal banks. The Avaloq Banking System is in use in the most demanding financial centres. More than 1,100 highly-qualified banking and IT specialists develop and operate banking technologies that are fully-integrated from front and middle to back office. The Avaloq Front Suite is revolutionizing the banking experience. With a 100% success rate in the implementation of its solutions, Avaloq, in the 25 years of its existence, has won the trust of a first class community of the world’s leading financial institutions, partners and universities in over 20 countries.  The company, with its headquarters in Zurich, has branches in Geneva, Frankfurt, London, Luxembourg, Paris, Vienna, Singapore and Hong Kong. It has two development centres, one in Zurich and one in Edinburgh, as well as a support centre in Manila. Since 2011, Avaloq has held 51% of B-Source, a leading supplier of business process and IT outsourcing for banks and the financial sector.

More information under www.avaloq.com

About oraïse:
oraïse is the specialized IT Business Partner with extensive industry and IT experience who acts with both economic and technical expertise across the entire IT value chain. oraïse applies forward-looking IT solutions that enable financial enterprises, stockbrokers and treasury departments to improve business processes, lower costs and ultimately make business more competitive. For more than 15 Years the company has delivered strong consulting and implementation services from strategy and planning, to software development – from consulting, to operations and continuous support. Extensive knowledge in the processes and structures of financial enterprises combined with profound technical expertise enables oraïse to deliver innovative, flexible and forward-looking IT solutions. From software and system development, to implementation and integration of applications in the trading/market data environment: The focus of our more than 100 employees is always on customer value. oraïse is head-quartered in Bremen and has furthermore ten local offices in Germany and Switzerland.

 

Press contact:

Avaloq Evolution AG
Andrea Rutishauser
Head Marketing & Communications
Zürcherstrasse 59
CH-8800 Thalwil
Tel: +41 58 316 21 54
andrea.rutishauser@avaloq.com
oraïse GmbH
Thorsten Müller
Marketing & PR
Walther-von-Cronberg-Platz 6
D-60594 Frankfurt
Tel: +49 69 981955 321
thorsten.mueller@oraise.com

 

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