New location in Ticino opening in October 2023

Confinale opens new Swiss office in Lugano

Zurich, Sep 2023

From October 2023, Confinale will also be represented by an office in the Italian-speaking part of Switzerland. With a central location in Switzerland's third-largest financial centre and a powerful team of experienced consultants, Confinale remains true to its strategy of being close to its clients. As a result, the company now has a nationwide presence and can support banks throughout Switzerland and Europe. With its office in Lugano, Confinale is located in the direct vicinity of its strategic partner Avaloq. Avaloq operates its largest location worldwide in the Ticino FinTech Hub Lugano. The very successful partnership - Confinale is one of Avaloq's few Premium Implementation Partners - will be able to be further expanded thanks to the physical proximity.

In the six offices in Zug, Zurich, Geneva, Düsseldorf, London and Lugano, over 120 consultants, legal experts, IT architects and software engineers work together with specialist and technology partners to develop and implement the best digitalisation solutions for banks in each case.

The new location is headed by Stefan Keller. Thanks to his many years of experience internationally and in the Ticino Avaloq environment, he will actively drive the development of the new location with his expertise.

"We are convinced that our new technology hub in Lugano will enable us to ideally serve the Avaloq banking community in Switzerland and the EU with new and innovative solutions. Avaloq's strong presence in Lugano, the planned collaboration with the Università della Svizzera italiana (USI), as well as the pool of highly motivated colleagues, offer optimal conditions," says Stefan Keller. " With our Development Hub in Lugano, we want to create a place where we can actively work together with our partners on the implementation of new, first-class Avaloq-based solutions. I've now lived and worked in Lugano for several years, and I'm absolutely thrilled by the innovation drive and can-do attitude of the people here."

Roland Staub, CEO of Confinale AG: "I am very pleased that Stefan Keller, as Senior Avaloq Manager with strong roots in Ticino, will be setting up our new office in Lugano. We see great potential in the Avaloq community in Ticino and would like to make our contribution to this for our local employees, our clients and for the region."

As a flourishing company in a future-oriented market, Confinale has been able to record constant growth in recent years and thus also offers young talents exciting development and career opportunities in the financial industry. With the opening of the new location, Confinale now also wants to create new jobs in Ticino. Therefore, the company has entered into a partnership with USI, the local university, through the Faculty of Computer Science. Among other things, the two parties are planning practical projects in which the university's students are allowed to try their hand at real challenges in the banking environment. This will allow students to test their knowledge on real cases while making a valuable contribution to financial institutions.

"We are looking forward to working with USI and are excited to see what new ideas and talents we will discover through the cooperation," says Stefan Keller about the partnership.

Contact person:

Dr. Jonas Misteli
CFO

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