BIL Suisse and Avaloq have renewed their long-standing strategic partnership, reinforcing a collaboration that has supported the Bank's operational efficiency, automation and digital transformation for more than a decade.
Under the renewed agreement, BIL Suisse will continue to leverage the Avaloq Platform as its core banking system through a Software-as-a-Service (SaaS) model. Avaloq will continue to manage the platform, infrastructure and regulatory updates, enabling BIL Suisse to focus on delivering high-quality wealth management and advisory services while benefiting from a scalable, secure and compliant operating environment.
Over the last ten years, the partnership has enabled BIL Suisse to achieve high levels of automation across key banking processes, including securities and fund processing, through Avaloq's platform and Banking Operations services. The renewed collaboration reflects both organisations' ambition to further modernise banking operations and enhance the client experience.
Looking ahead, BIL Suisse and Avaloq will focus on joint innovation initiatives built on Avaloq's open architecture. This will allow the bank to securely integrate third-party fintech solutions, strengthen Know Your Customer (KYC) capabilities, improve data connectivity and support more efficient risk management processes.
Commenting on the renewed agreement, Tobias Kamber, General Counsel & Chief Operating Officer of BIL Suisse, highlighted the bank's commitment to combining its boutique banking model with modern technology solutions that support operational excellence and personalised service.
Engaging with the Avaloq Community
The partnership extends beyond technology. BIL Suisse representatives recently attended the Avaloq Zurich After Work Party, joining banking and technology professionals from across Switzerland for an evening of networking, knowledge sharing and discussions about the future of digital banking.
These exchanges are an important part of maintaining a vibrant ecosystem of partners and innovators, helping BIL Suisse stay connected to emerging trends and opportunities that can ultimately benefit clients.
Building Tomorrow Together
As client expectations continue to evolve, BIL Suisse remains committed to combining personalised wealth management services with advanced digital capabilities. The renewal of its strategic partnership with Avaloq provides a strong foundation for the next phase of innovation, automation and growth, supporting the bank's ambition to deliver an outstanding experience across every client interaction.
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