Switzerland-based Bank am Bellevue has chosen Bottomline Technologies’ cloud platform, Universal Aggregator, to make complex business payments and financial messaging simple and secure.

Bottomline stated that its cloud-based platform gives the bank single sign-on capabilities and a rich set of integrated functionalities.

Additionally, the new solution will allow the Swiss bank to access multiple domestic and international payment networks and schemes such as SWIFT, SIC and SECOM.

The platform also features market data management, modern risk compliance and reconciliation capabilities.

Bellevue Group head of information technology Holger Schultes said: “With the transition of our business requiring new services, it was a key aspect for us to rely on a Swiss partner that was able to provide multiple on-demand financial facilities that not only meet, but go beyond, our expectations. As such, the breadth and quality of the Bottomline solution set made available as a secure cloud service were key features to our strategic decision.

“The solution also provides economy of scale and simplicity. We are glad to join a group of banks, some of which are the largest players in the market place.”

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Bottomline Technologies managing director of Switzerland Daniel Bardini said: “We are pleased to provide Bank am Bellevue with our holistic offering. We have been able to simplify their solution’s landscape, reduce their number of providers and help the bank to improve their efficiency.”