Avaloq signs core business with Bank of Asia

Avaloq receives new core bank customer, the Bank of Asia

Bank of Asia, a newly established digital bank in the British Virgin Islands focused on companies with ties to Asia, has signed the core platform Avaloq Banking Suite.

The system is provided on a software-as-a-service basis from Avaloq’s BPO (Business Process Outsourcing) center in Singapore, Avaloq Sourcing (Asia-Pacific).

The Bank of Asia is expected to be fully operational by the end of this year. Its founder and …

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