KBL and Lombard Odier sign partnership agreement

Related Content Related Video Related Articles

Luxembourg-headquartered private bank KBL and Geneva-headquartered  private bank Lombard Odier have announced the signing of a strategic IT and operations partnership agreement.

Lombard Odier will establish a new company in the Grand Duchy – staffed by KBL epb specialists and Lombard Odier employees – to provide KBL epb IT and Operations support, hosted on an external platform.

According to both parties, the company will reach full operational status in the course of next year, in line with overall project development.

“The signing of this agreement is a game-changing event for our group,” said Yves Stein (pictured), group CEO at KBL epb. “Moving forward, we will be much better equipped to respond to rapidly evolving client needs, enhancing our ability to meet those requirements in a more international environment.

“Consequently,” Stein added, “our group will be even more strongly positioned to achieve accelerated external growth – backed by a provider with a proven track record, pan-European presence and local awareness.”

“We are delighted to roll out the next evolution of our IT platform in partnership with KBL epb,” said Alain Picquet, co-head of Technology and Banking Infrastructure at Lombard Odier. “We look forward to working closely with KBL epb’s specialist staff as we continue to extend our processes and platform, reinforcing their IT and Operations activities in the years to come.”

Mona Dohle
Mona Dohle speaks German and Dutch, she is DACH & Benelux Correspondent for InvestmentEurope. Prior to that, she worked as a journalist in Egypt and Palestine. She started her career as a journalist working for a local German newspaper. Mona graduated with an MSc in Development Studies from SOAS and has completed the CISI Certificate in International Wealth and Investment Management.

Read more from Mona Dohle

Close Window
View the Magazine

I also agree to receive editorial emails from InvestmentEurope
I also agree to receive event communications for InvestmentEurope
I also agree to receive other communications emails from InvestmentEurope
I agree to the terms of service *

You need to fill all required fields!