Press release -

FDM Group and Avaloq announce collaboration

International IT services provider, FDM Group, has unveiled its new partnership with the Avaloq group, a technology driven financial services provider. Avaloq has appointed FDM to provide IT skilled and Avaloq certified resources to support the Avaloq Community in its growth across Europe and Asia.

Avaloq is an international leader in integrated and comprehensive solutions for wealth management, universal and retail banks. The Avaloq Banking Suite comprises a fully integrated, modular banking solution of back, middle and front office functionalities and is successfully run in the most demanding financial centres in the world.

FDM is a leading graduate employer and specialises in providing clients with Consultants trained in core IT disciplines. Its award-winning Graduate Programme combines industry-relevant training with commercial experience representing FDM on one or more client sites.

Avaloq is already engaged with FDM Consultants who have been trained through the FDM Graduate Programme. FDM Consultants are trained in dedicated academies in the UK, USA, Canada or Germany and training covers the full software development lifecycle. The training is either business or technically focused depending on the individual’s skill set and once complete, trainees receive additional ACP training (Fundamentals of Avaloq customisation) to become Avaloq Certified Professionals.

On announcing the partnership, Francisco Fernandez, Avaloq CEO, comments, “With FDM we found a partner who helps us to drive our growth strategy. We are confident that the unique model of FDM supports Avaloq in delivering excellent performance to satisfy our customers’ business needs”.

FDM Germany’s Managing Director, Claus Damwerth adds, “We are delighted to be working with Avaloq. FDM’s strong link with universities across the globe as well as its solid and profound IT training and careers programme is a real asset for Avaloq to support its fast and strong growth outside of Switzerland. Furthermore, with Avaloq we have a partner who fits perfectly our large banking customer base.”

The start of this collaboration marks the extension of FDM’s network, already having an established relationship with Murex, a leading trading platform for investment banks.

ENDS

Topics

  • Data, Telecom, IT

Categories

  • fdm group
  • avaloq
  • technology

NOTES TO EDITORS:

For more information about FDM, please contact Naomi Chow: Naomi.chow@fdmgroup.com or +44 203 056 8240

Andreas Petrosino

Communication Manager

Phone: +41 58 316 26 86

E-mail: andreas.petrosino@avaloq.com

About FDM Group

FDM Group is an international professional services provider with a focus on IT. The award-winning FDM Careers Programme offers a diverse range of candidates the opportunity to kick-start their career in technology and business. As the UK’s leading IT graduate employer, FDM specialises in providing clients with Consultants trained in core IT disciplines including: business analysis, project support, project management, software development, data and operational analysis, system testing and production support.

FDM provides high-value and low risk IT services to over 130 clients worldwide to help them achieve specific business objectives within various sectors, including financial services, media, retail, insurance and not for profit. The firm enjoys a number of strategic partnerships with leading global technology players and has been recognised as one of Europe’s fastest growing companies (Europe’s 500).

www.fdmgroup.com

About Avaloq: Essential for Banking

The Avaloq group is an international leader in integrated and comprehensive solutions for wealth management, universal and retail banks. It has a reputation for the highest standards in engineering excellence, is passionate about innovation and invests more in R&D than any other provider for the financial industry. The company’s meticulous and uncompromising attention to detail has enabled it to achieve a unique 100% success rate in its implementation of banking solutions around the world.

The entire Avaloq Banking Suite is consistently designed throughout and delivers unique business benefits to its users as well as strong technical performance. Avaloq is the only independent provider for the financial industry to both develop and operate its own software. Business process and IT outsourcing solutions are offered from Avaloq’s BPO centres in Switzerland, Germany and Singapore.

The company employs more than 1,800 highly qualified banking and IT specialists and has a global customer base of more than 140 financial institutions in over 20 countries worldwide, including tier one bank in the most demanding financial centres. Headquartered in Switzerland, Avaloq has branches in Berlin, Frankfurt, Geneva, Hong Kong, Leipzig, London, Lugano, Luxembourg, Paris, Singapore, Sydney and Zurich. It has development centres in Zurich, Edinburgh and Manila.

www.avaloq.com