Arab Bank Switzerland ditches FIS/Sungard core system for Avaloq BPO

On 12 December 2016, Arab Bank (Switzerland) Ltd signed a long-term contract with Avaloq for full Business Process Outsourcing (BPO) services. By partnering with Avaloq, the bank will benefit from the Avaloq Banking Suite, a state-of-the-art solution that includes a fully integrated component for upcoming legal and regulatory requirements. The…