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October 2008

VP Bank signs up for managed services

September 30, 2008
 
VP Bank, one of the largest banks in the Principality of Liechtenstein, has signed a three-year contract with Orange Business Services for managed services including managed LAN, WAN and IP telephony. VP Bank’s expansion into Asia and the Middle East – as well as the implementation of new banking software based on the Avaloq solution suite – required network performance improvement and a new global infrastructure. The solution will be implemented initially at VP Bank’s new offices in Dubai and Singapore and then at sites in Zurich, Hong Kong, Luxembourg, Moscow, Munich and Vaduz, Liechtenstein.“Orange Business Services provides VP Bank an all-encompassing and fully-managed solution from a single source, coupled with the agility, security and creativity to meet our specific needs in a cost-effective manner,” said Sönke B Vetsch, Chief Group Information Officer, VP Bank.