Luxoft Honored with Avaloq Implementation Partner of the Year 2019 Award and Elevated to Premium Implementation Partner

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LONDON, UK – EQS – September 3, 2019 – Luxoft, a DXC Technology Company(NYSE:DXC), has been honored with the Avaloq Implementation Partner of the Year2019 award. Luxoft received the award at the recent Avaloq Community Conferencein Zurich, in recognition of a successful, trust-based collaborativerelationship with Avaloq.

The company also earned the status of Premium Implementation Partner, aleading position in the Avaloq partner community. Luxoft has worked inpartnership with Avaloq since 2004, with 70-plus Avaloq experts serving morethan 25 customers. To date, the partnership has delivered over 50 projects.

Thomas Beck, CTO at Avaloq, said: “Our relationshipwith our partners is fundamental to the success of Avaloq. Having workedclosely with Excelian [Luxoft’s Financial Services division] for a number ofyears, we are delighted to announce this upgrade to their partner status. Theyhave played a highly valuable part in our ability to manage large-scaleprojects, and in partnership with them we will continue to push boundaries,creating more efficiencies for our clients and ultimately driving innovationand the transformation of the global financial services marketplace.”

“We are very pleased to have been awarded Avaloq Implementation Partner ofthe Year 2019,” said Andre Mueller, practice managing director, Wealth &Private Banking at Luxoft Financial Services. “This award is a recognition ofthe investments we’ve made in our Wealth Management practice and is a testamentto the joint value Avaloq and Luxoft bring to clients globally – where weunlock efficiencies, drive innovation and enable digital transformation. Ourfocus now is to strengthen our position in our key markets of Singapore,Australia, Switzerland, Liechtenstein, the UK and Germany, where we are wellpositioned to cover the whole client value chain.”

About Luxoft, a DXC Technology Company

Luxoft, a DXC Technology Company (NYSE: DXC), is a digital strategy andsoftware engineering firm providing bespoke (custom) technology solutions thatdrive business change for customers the world over. Luxoft uses technology toenable business transformation, enhance customer experiences, and boost operationalefficiency through its strategy, consulting, and engineering services. Luxoftcombines a unique blend of engineering excellence and deep industry expertise,specializing in automotive, financial services, travel and hospitality,healthcare, life sciences, media and telecommunications.

For more information, visit www.luxoft.com.

About Avaloq: Essential for banking

Avaloq is driving the digital transformation and automation of thefinancial services industry. Based on our fully integrated banking software, wecreate powerful digital experiences provided through a standardized BusinessProcess as a Service (BPaaS) or Software as a Service (SaaS) model to banks andwealth managers. Our solutions give financial institutions the freedom to focuson channel and product innovation, client service, client trust and growth,while Avaloq ensures a seamless operation behind the scenes.

158 banks and wealth managers – with more than CHF 4,500bn in assetsmanaged worldwide – trust Avaloq, our products and our experience. Our clientsare the leading banks of today and tomorrow.

Avaloq is the only independent provider for the financial services industryto both develop and operate its own software, which makes us a world leader in efficientbanking solutions. To further spur innovation, we closely work with clients,other fintechs, leading universities and hundreds of third-party developers ina uniquely collaborative ecosystem we call avaloq.one.

Headquartered in Switzerland, Avaloq has more than 2,000 employees; threeR&D centers in Zurich, Edinburgh and Manila; and three service centers inSwitzerland, Singapore and Germany. We also have a presence in the world’s mostdemanding financial and innovation centers, including Berlin, Hong Kong,London, Luxembourg, Madrid, Paris, Singapore and Sydney. More information isavailable at www.avaloq.com

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