Avaloq announces collaboration with Thomson Reuters and Oraise

Zurich - 25 September 2012

Avaloq, the international reference for integrated and comprehensive banking solutions, has joined up with Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, and Oraise, an IT Business Partner with strong expertise in market data environments and software and system development, to enhance the pricing data availability for Avaloq’s core banking platform. The result of this collaboration is the availability of a certified adapter from Oraise that enables fully redundant integration of the Avaloq Banking System with intraday and end-of-day pricing data from Thomson Reuters.

The integration solution allows business critical pricing data from Thomson Reuters to be imported into the Avaloq Banking System faster, easier and more efficiently. As part of the solution the newly developed Oraise adapter is optimized for operation in a data processing centre. Additionally to this solution Oraise provides access to Thomson Reuters pricing data as a hosted service.

The collaboration with Thomson Reuters and Oraise combines the highest data quality with innovative IT know-how and excellent services to meet the specific requirements of our banking clients“, explained Christian Graber, Head of Software Partner Management at Avaloq Evolution AG.

Christian Adler, Head of Account Management Switzerland at Thomson Reuters, adds: “Thomson Reuters is keen to work with industry partners to ensure financial institutions have access to our market leading information services. Working with Avaloq and Oraise to integrate our content with the Avaloq Banking System ensures financial professionals can have instant access to more of our business critical data directly via their chosen workflow solution.”

The cooperation with Avaloq and Thomson Reuters underlines our long-time expertise as a specialized IT Business Partner in the market data environment. The new solution for the Avaloq Banking System and the associated hosting services are a perfect extension of our portfolio. We are very pleased about the cooperation with Avaloq and Thomson Reuters and we are convinced that this collaboration will provide a sustainable added value to our clients“, adds Manuel Raeber, Managing Director Oraise Schweiz AG, as conclusion.

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