The B-Source Board of Directors and General Management confirm with this agreement the B-Source business strategy to maintain, and further strengthen, the company's position as market leader in providing transactional banking services known as Business Process Outsorcing to the banking community. This endto- end banking process offering is industrializing a large number of middle and back office activities that allows clients to benefit from improved cost efficiency and service quality.
With regard to their future collaboration Werner Hoppler, CEO of B-Source mentioned: âFact is that this partnership brings tremendous experience and skills in application management services and business process outsourcing services. Therefore I am delighted that we have decided in favor of our preferred partner. Both companies will leverage their image in reference to their core competencies. B-Sourceâs implementation team has a proven track record whereas Avaloqsâ software solution is sound and an approved quality standard.â