VP Bank signs managed services contract with Orange Business Services

VP Bank, one of the largest banks in the Principality of Liechtenstein, has signed a three-year contract with Orange Business Services, a brand of France Telecom, for managed services, part of a comprehensive set of services including managed LAN, WAN and IP telephony.

VP Bank's expansion into Asian and Middle Eastern markets, as well as the implementation of a new banking software based on the Avaloq solution suite required network performance improvement and a new global infrastructure. Orange Business Services will provide a managed telecommunications infrastructure that is being rolled out.

The solution will be implemented initially at VP Bank's new offices in Dubai and Singapore and then at sites in Zurich, Hong Kong, Luxemburg, Moscow, Munich and Vaduz, Liechtenstein, said Orange Business Services.

Orange Business Services offers an integration services portfolio, including LAN and wireless LAN, TDM and IP Telephony, security, network and application management, and desktop management to enable key business processes and IP transformation for customers.

Sonke Vetsch, chief group information officer of VP Bank, said: 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.

Peter Moebius, vice president and country manager for Switzerland at Orange Business Services, said: We are pleased to be chosen by VP Bank to provide its global managed services. Financial institutions typically choose Orange Business Services because of our keen awareness of regulatory controls and requirements and our innovative solutions especially suited to the financial industry.

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