Industries.

Financal sector

Paranor is at home in the world of finance. We support renowned financial service providers with targeted assistance that helps them to build on their success.

During our long-standing cooperation with financial institutions like PostFinance and providers of core banking solutions like Avaloq and Finnova, we have delved deeply into all aspects of the financial sector. In the field of national payment transactions, Paranor established a solution that has been used to process half of all transactions in Switzerland. We have experience in the harmonisation of monetary transactions in Switzerland (changeover to ISO-20022), the implementation of anti-money laundering legislation and requirements (AML), fraud detection and fraud management.

In addition to conventional payment transactions and the corresponding mechanisms, we have also had the opportunity to work in detail with different topics in the industry through numerous projects in the areas of credit/debit cards, account management, customer administration, loan business and so-called “investment cockpits”.