Avaloq group named Oracle PartnerNetwork Specialized Database Partner of the Year for EMEA in 2011

Zurich - 7 December 2011

Avaloq group, a provider of integrated and comprehensive banking solutions, and a Gold level member of Oracle PartnerNetwork (OPN), today announced it has been named OPN Specialized Database Partner of the Year for EMEA in 2011. This distinction recognises Avaloq’s successful 20 year relationship with Oracle. This award comes only a few months after Avaloq achieved OPN Specialized Partner status for Oracle Database 11g.

The recognition of OPN Specialized Database Partner of the Year for EMEA reflects Avaloq’s long-term commitment to Oracle technology. The Avaloq Banking System is exclusively based on Oracle Database 11g and leverages its built-in features – such as row level security – to provide customer banks with a faster, more reliable, and more secure banking software solution. Avaloq’s new front office offering, consisting of e-Banking, mobile banking and financial planning applications, is also based on Oracle Database 11g.

Francisco Fernandez, CEO of Avaloq, is honoured to receive the award for EMEA: “We provide our global customer base with a reliable banking platform and the highest strategic flexibility. For 20 years, Oracle has supported us with a rock solid global foundation to build this platform on.”

The Oracle PartnerNetwork Specialized EMEA Partner of the Year Awards are announced annually at the Oracle OpenWorld conference in San Francisco. The awards recognise partners in the following seven categories: Database, Middleware, Applications, Industry, Server and Storage, Accelerate and Exadata. The winners are judged by a panel of executives from Oracle and a panel of EMEA-based judges from the global market research company, IDC.

“As part of the Oracle Excellence Awards, the OPN Specialized Partner of the Year Awards recognise Oracle’s partners who demonstrate outstanding services and innovations,” said Dermot O’Kelly, Senior Vice President, Alliances and Channels, Oracle EMEA. “Avaloq was named OPN Specialized Database Partner of the Year for EMEA due to their proven ability to provide the Avaloq Banking System based on Oracle Database 11g, their commitment to specialisation, and superior Oracle solutions.”

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