“The partnership between ERI and change-IT not only allows financial institutions to use the broad front-to-back office coverage provided by the OLYMPIC Banking System on ASP mode, but also provides a complete application environment to manage all the core operational processes for pre-defined cost and services,” the firms said in a statement.

Founded in 2007, change-IT Consulting is a private company that focuses on the banking industry. ERI operates in financial centres including Geneva, Zurich, Lugano, London, Luxembourg, Singapore and Paris and it employs more than 500 people.