Avaloq, the Swiss banking technology firm, has named Orbium and Solution Providers as official implementation partners in Singapore, in addition to existing partners Comit and Sofgen, as it looks to expand its partner network in Asia.

Solution Providers, which has an office in Singapore, has already been involved in a number of Avaloq’s implementation projects in Asia, such as the implementation of the Avaloq Banking System in banks including DBS, Nomura, Sarasin, RBS Coutts and VP Bank.

Orbium, meanwhile, has worked with Avaloq for the past seven years and now has an Avaloq implementation team based in Singapore.

“As a premium implementation partner of Avaloq in Switzerland and an implementation partner in Luxembourg we aim at becoming a global partner of Avaloq,” said Orbium partner Manuel Anton.

For its part, Avaloq has had a branch in Singapore since 2007 and went on to open a Hong Kong branch office this summer.

"By naming Solution Providers and Orbium as new implementation partners in Singapore we are emphasising our strong commitment to the Asia Pacific market,” said Marcel Föllmi, managing director of Avaloq Asia Pacific.