EFG and BSI unite on Temenos T24 core banking system
The BSI business was moved from Avaloq Banking Suite onto Temenos’ T24.
EFG
EFG and BSI to merge on Temenos’ T24, Avaloq to be ousted
With the takeover of BSI by rival EFG International, Switzerland will see the creation of the country’s fifth largest private bank. Banking Technology looks at the IT implications, and the winners and losers of the deal. EFG is buying BSI from Brazil’s troubled Grupo BTG Pactual for CHF 1.33 billion ($1.38 billion). In its turn, […]
