Swiss Digital Bank Alpian goes live on Temenos Banking Cloud

By Gloria Methri

Swiss digital private bank Alpian is now live with core banking and payments services on the Temenos Banking Cloud. The bank aims to create an accessible offering that unifies everyday banking with personalized investment in a mobile app. The Alpian app is now available for customers to download and open an account.

Alpian offers private banking services and investment expertise to the Swiss affluent. To complement its services, the company has blended everyday banking features into its digital client experience. These include accounts in four currencies (CHF, EUR, GBP, USD) all connected under one IBAN using Temenos Multicurrency functionality.

The bank also offers a foreign exchange and bank transfer service, an exclusive metal debit card with in-app card controls, and a chat interface allowing clients to communicate with Alpian’s Swiss-based banking specialists in all four supported languages.

Temenos’ core banking and payments capability is combined with Microsoft Azure, while all data is stored in local datacenters. With Temenos technology, Alpian can offer personalized, customer-relevant products at lower costs.

Schuyler Weiss, CEO of 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, Temenos, said, “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 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 data centres 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.”