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Press release

For general publication

Zurich, 13 December 2010

Orbium and Solution Providers become official Implementation Partners of Avaloq in


Singapore

Swiss market leader for integrated banking solutions expands its partner network in Asia

Avaloq is broadening its footprint in the APAC market: The Swiss market leader for integrated banking
solutions has recently named Solution Providers and Orbium as official Implementation Partners in
Singapore. Besides Solution Providers and Orbium, Avaloq has been closely collaborating with its
Implementation Partners Comit and Sofgen in Asia for several years. By expanding its partner network in
Asia, Avaloq has reached a further decisive step in its internationalisation strategy.

Marcel Fllmi, Managing Director of Avaloq Asia Pacific Pte Ltd, is pleased by the announcement of the two
Implementation Partners: "By naming Solution Providers and Orbium as new Implementation Partners in
Singapore we are emphasising our strong commitment to the APAC market. This is also to the advantage of our
existing and potential clients in Asia in general and in Singapore in particular. Avaloq aims at collaborating with
the most experienced and excellent partners in order to boost the performance of its clients."

Solution Providers as one of the eldest Implementation Partners was among the first to enter into the Asian
market. This process was made easily and naturally during the last three years, since they have been largely
involved in basically all of Avaloqs implementation projects in Asia, e.g. during the implementation of the Avaloq
Banking System in banks such as DBS, Nomura, Sarasin, RBS Coutts, and VP Bank. With its office in Singapore
consisting of both expatriates as well as a large proportion of local employees Solution Providers is well
positioned to continue Avaloqs expansion into the greater Asian markets.

Dr. Mario A. Bassi, Managing Director and Head Asia at Solution Providers, is happy about the new status of the
company: With the set-up of our office in Singapore in 2007 we underlined our strong believe in the increasing
importance of the Asian market for the financial industry. Becoming an official Implementation Partner of Avaloq
marks another milestone in our growth strategy to support our European clients in their Asian expansion as well
as broadening our Asian client base with the full service cycle from business strategy to change management.

As an Implementation Partner in Avaloqs main strategic markets and the Implementation Partner that led
Avaloqs first international project, it was a natural step for Orbium to follow Avaloq in their bid to conquer the
Asian market. A year and a half after opening its South East Asian office, Orbium already has an experienced
Avaloq implementation team based in Singapore which complements its global team made up of more than 100
certified Avaloq professionals worldwide.

Manuel Anton, Partner of Orbium, comments on the international expansion of the partnership with Avaloq which
further consolidates the companies cooperation: Avaloq and Orbium have been working closely together for the
past seven years and the partnership has proven itself over the years. As a Premium Implementation Partner of
Avaloq in Switzerland and Implementation Partner in Luxembourg we aim at becoming a global partner of Avaloq.
Being appointed Implementation Partner in Singapore reflects Orbium's continued support and important role in
Avaloq's internationalization strategy.

Avaloqs Singapore branch, which was opened in 2007, has been strongly expanding during the past few years.
In summer 2010, the Swiss market leader for integrated banking solutions expanded its presence in Asia by
opening a branch office in Hong Kong. Avaloqs clients in Asia benefit strongly from the experience and know-how
based at the regional branch offices. The company provides its clients with a first-rate local customer support and
localised product adaptations. For this reason, a dedicated Model Bank configuration with Asian best practices is
maintained locally. The Model Bank enables Avaloq to introduce its Swiss quality product in a quick and cost-
efficient manner at every kind of Asian banks.
Contact at Avaloq Media Relations Contact at Orbium
Avaloq Licence AG Gaia Roscigno
Bernhard Zihler Marketing Coordinator
PR & Communications Manager Orbium SA
Zrcherstrasse 59 Rue Vallin 2
CH-8800 Thalwil CH-1201 Geneva

Phone: +41 58 316 23 51 Phone: +41 22 321 66 68


E-mail: bernhard.zihler@avaloq.com E-mail: gaia.roscigno@orbiumgroup.com

Contact at Solution Providers


Corin Ballhaus
Ballhaus Wording
Bederstrasse 49
CH-8002 Zurich

Phone: +41 44 818 58 10


E-mail: info@ballhaus-wording.ch

Avaloq: Integrated Banking Software

The Avaloq Group is the Swiss market leader for integrated banking software. With the Avaloq Banking System,
the company offers an integrated and modular all-round banking solution for private, retail and universal banks,
asset managers and transaction banks. Around 50 clients worldwide trust in Avaloq's software. In addition, Avaloq
also offers various services covering the entire life cycle of its banking software. At the Avaloq Academy,
customers are trained to further develop the Avaloq Banking System independently. The Avaloq Community
provides a forum where more than 35,000 users, partners and employees of Avaloq can share knowledge and
innovations. Avaloq has a presence in Zurich and a number of other locations across Switzerland, in addition to
branches in London, Luxembourg, Frankfurt, Vienna, Dubai, Singapore and Hong Kong. As part of its
internationalisation strategy, Avaloq is aiming to open further branches. More information: www.avaloq.com.

Orbium

Orbium is an international IT and business consultancy focusing exclusively on the financial services industry. By
sharing its extensive business and IT knowledge, it helps its financial services clients to successfully negotiate
their business and technical challenges. Orbium services are offered on a project or strategic staffing basis, in
both custom and package environments, and across all technology platforms. Orbium is an Avaloq Premium
Implementation Partner. It has offices in Zurich, Geneva, Luxembourg and Singapore. With more than 120
employees, Orbium Business and IT consultants continuously build and upgrade clients systems to competitive
advantage status. More information, please visit: www.orbium.com.

Solution Providers

Solution Providers is an established management consultancy advising its clients in the development of strategies
and their operative realisation as well as supporting their technical implementation. In addition to the analysis and
development of important conceptual topics for its clients in the banking and insurance industry, the strengths of
Solution Providers also lie in accompanying and assisting the client throughout the implementation procedure.
Solution Providers can look back on long-term relationships and countless project successes with well-known
global clients. Solution Providers is defined by the passion and commitment of its 130 staff representing over 15
nationalities. Solution Providers has offices in Zurich, Hamburg, Singapore and Vienna. For more information,
please visit www.solutionproviders.com.

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