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Accenture GmbH

New partnership between Avaloq and Accenture

Zurich (ots)

Accenture is a new Associate Implementation Partner
for Avaloq. The global group will support the software company in
Switzerland initially, then across Europe and in Asia as well.
Avaloq has gained a new partner for the introduction of its
banking software. The cooperation with Accenture, one of the world's
leading management consulting, technology service and outsourcing
providers, reinforces the expansion plans of Avaloq.
Around 20 certified Avaloq specialists from Accenture will
initially support Avaloq in large, complex projects in Switzerland.
Next year Accenture plans to implement projects in Luxembourg and
Germany, and with this in mind plans to sharply increase the number
of certified staff in Europe.
For Accenture the partnership with Avaloq provides great benefits
for clients, and also opens up new business opportunities in Europe
and Asia. "We are confident that in future Avaloq will become an ever
more important provider of banking software, both in Switzerland and
beyond," says George Schmidt, Partner Financial Services at
Accenture.
Over the past few months Accenture has already been supporting
Avaloq in banking projects and feasibility studies in Switzerland and
Germany.
Accenture
Accenture is a global management consulting, technology services
and outsourcing company. Committed to delivering innovation,
Accenture collaborates with its clients to help them become
high-performance businesses and governments. Comprehensive industry
knowledge, business process expertise, international teams and strong
implementation skills allow Accenture to provide the right staff,
skills and technology to improve the performance of clients. With net
revenues of USD 16.65 billion in the last financial year (ending 31
August 2006), the company employs approximately 140,000 staff in 48
countries. www.accenture.ch
Avaloq
Avaloq is an independent banking software company owned by its
management and staff. A total of 300 IT and business specialists are
employed at the company's Zurich headquarters. It develops and
distributes the Avaloq Banking System, a modular, innovative and
integrated standard software package for financial service providers.
Avaloq's clients include 27 full-service and private banks comprising
over 15,000 users. Avaloq also maintains the Avaloq community, a
network integrating clients, Avaloq and 21 selected partner
companies. Currently, the Avaloq community includes about 600
certified Avaloq specialists.

Contact:

Anita Kendzia
Corporate Communications
Avaloq Evolution AG
Allmendstrasse 140
8027 Zurich
Tel.: +41/44/488'68'88
Fax: +41/44/488'68'68
Internet: www.avaloq.com