Millennium Banque Privée outsources Olympic system with Swisscom
Swiss bank Millennium Banque Privée has outsourced the operation of its ERI Bancaire Olympic core banking software to Swisscom.
The bank opted to upgrade its system in 2019, and selected Swisscom to take part in outsourcing the platform.
Founded in 2002 by the Portuguese Millennium BCP group, Millennium Banque Privée specialises in asset management activities for private and institutional clients.
Robert Swalef, chief operations officer at Millennium Banque Privée, says the vendor is offering “reliability, continuity and flexibility.”
According to Oliver Kutsch, head of banking at Swisscom, teams at Swisscom, ERI, and the bank worked on the transition.
He adds: “We are very pleased that another progressive private bank has chosen Swisscom as its outsourcing partner, especially in French-speaking Switzerland.”