Switzerland's First Digital Private Bank Alpian Goes Live on Temenos Banking Cloud

Temenos, the banking software company, announced that Alpian SA​ ("Alpian"), Switzerland's first FINMA-licensed digital private bank, has gone live with core banking and payments services on Temenos Banking Cloud.

The digital private bank is running Temenos Banking Cloud hosted on Microsoft Azure to create an accessible offering that unifies everyday banking with personalized investment and private banking services in a mobile app.

Combing machine and human intelligence, Alpian offers private banking services and investment expertise to Swiss individuals with assets between CHF 100,000 to CHF 1,000,000.

With the strength of Temenos' core banking and payment capabilities and the security and efficiency of Microsoft Azure, Alpain can innovate faster and offer personalized, customer-relevant products at lower cost.

Schuyler Weiss, CEO at Alpian, said: "The go-live on Temenos Banking Cloud is an important milestone in the launch of Alpian. We are committed to delivering a premium service and with support from Temenos and Microsoft we can focus on delivering an outstanding service and customer experience knowing our core banking technology is taken care of."

Max Chuard, CEO at Temenos, commented: "Huge congratulations to the Alpian team on this go-live. Alpian is reinventing wealth for the mass affluent, and we are excited to see the bank launch in the Swiss market. Temenos is supporting wealth management and private banks old and new to meet the needs of a new generation of investors. Our open platform will help Alpian to operate more cost efficiently, with more agility, enabling them to drive innovation in the market and grow sustainably."

Catrin Hinkel, CEO at Microsoft Switzerland, added: "We are delighted to support Alpian with the launch of this new digital private bank. With Microsoft Azure and our four local datacenters in Switzerland, financial organizations have the infrastructure and security to truly elevate customer experiences. Alpian has done just that, and we look forward to seeing it develop as it scales and expands its services in the market."