Avaloq and SOFGEN have agreed to provide offshore engineering resources from a centralised and jointly managed facility based in Manila, Philippines where 30 specialists deliver standardised software development.
While the total value of electronic transactions almost doubled in 2010-11 compared to the previous year, the period between April and November 2011 saw transactions increase 72% in value terms over the same period of the previous year.
The crisis of 2008 and the economic recession following it affected the perception investors have about wealth managers and financial services providers, leading to lower levels of trust. Therefore firms have to be more proactive and dynamic with their cu
The managing director, who doesn’t wear a watch and goes home for lunch most days, said he shuns e-mail because most correspondence amounts to “cover your ass” measures that aren’t directed at getting results.