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2011 AnnuAl RepoRt - Valiant Bank

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inteRVieW With the Ceo<br />

<strong>Valiant</strong> <strong>Bank</strong> has been operating on the new Finnova IT platform for<br />

well over one year now. Have your expectations with regard to the<br />

switch to the new platform been met? things are functioning well for<br />

the most part. it comes as no surprise that a project of this magnitude will<br />

always have teething problems, however we were able to resolve them<br />

quickly. the positive thing is we have a direct impact on the ongoing development<br />

work at Finnova, i.e. Finnova has been catering to specific wishes<br />

voiced by <strong>Valiant</strong>. this flexibility translates into a substantial advantage and<br />

has convinced us that the Finnova solution is future-proof.<br />

The former subsidiaries Banque Romande <strong>Valiant</strong> and Spar + Leihkasse<br />

Steffisburg migrated to Finnova as well at the end of <strong>2011</strong>. Is<br />

this process concluded? the migration of banque Romande <strong>Valiant</strong> and<br />

Spar + leihkasse Steffisburg went without a hitch. of course, we were able<br />

to benefit from the experience gained in the previous migration project.<br />

Result: all data has been transferred to the Finnova platform. in the autumn<br />

of 2012 we will be merging the technical platform with <strong>Valiant</strong> bank, then<br />

this project will be completed.<br />

Let’s take a look at the current year: what are your priorities for<br />

2012? As already in <strong>2011</strong> the three C’s will play a key role: client focus, cost<br />

management and controlled growth. our first priority will be the operational<br />

realization of the merger of the four subsidiary banks – to the benefit of our<br />

clients.<br />

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