B-Source

B-Source SA is a Swiss company specialising in business process outsourcing (BPO) and IT outsourcing for the financial industry. Headquartered in Bioggio, in the Italian-speaking canton of Ticino, it primarily serves private banks and retail banks. The company was founded in 1995 as Boss Lab SA, emerging from the merger of the IT service provider Techselesta and the spin-off of the IT development department of BSI SA. It was renamed B-Source SA in 2005, the same year that Banca del Gottardo acquired a 37% stake as co-shareholder. Following the merger of Banca del Gottardo and BSI, B-Source became wholly owned by BSI (Generali Group). In 2011, the Avaloq Group acquired a 51% majority stake, with BSI remaining a minority shareholder. B-Source continued to operate as an independent legal entity under its own name within the Avaloq Group. In February 2016, Avaloq acquired full ownership of B-Source, though the business continued to be run under the B-Source brand. The company employs around 600 people and reported revenue of CHF 204.9 million in 2010. Its service portfolio includes banking operations, managed services, and IT outsourcing, with a focus on highly automated back-office processes for banks. As part of Avaloq, B-Source benefits from the group's broader wealth management technology platform and resources.

B-Source SA was founded in 1995 as Boss Lab SA, resulting from the merger of the IT service provider Techselesta and the spin-off of the IT development department of BSI SA. The company initially focused on the Swiss market, acquiring contracts from banks and insurance companies, and later expanded abroad. It also acquired several smaller IT service providers. In 2005, Banca del Gottardo acquired a 37% stake as co-shareholder, and the company was renamed B-Source SA. Following the merger of Banca del Gottardo and BSI, B-Source became wholly owned by BSI (Generali Group). In 2011, the Avaloq Group acquired a 51% majority stake, with BSI remaining a minority shareholder. B-Source continued as an independent legal entity under its own name within the Avaloq Group. In February 2016, Avaloq acquired full ownership of B-Source, and the business continued to operate under the B-Source name. The company employed around 600 people and reported revenue of CHF 204.9 million in 2010.

• 2016

  Avaloq Group acquires full ownership of B-Source.

• 2011

  Avaloq Group acquires 51% majority stake; BSI remains minority shareholder.

• 2005

  Banca del Gottardo acquires 37% stake; company renamed B-Source SA.

• 1995

  Founded as Boss Lab SA from the merger of Techselesta and the IT development spin-off of BSI SA.

Independent Swiss provider of BPO and IT outsourcing for banks, now integrated into Avaloq's wealth management technology and services group.

• Banking operations BPO

  Highly automated back-office services for banking processes.

• IT outsourcing

  IT outsourcing services for private and retail banks.

1. 1B-Source - Wikipediade.wikipedia.org
2. 2B-Source - Wikidatawikidata.org
3. 3Avaloq - Aboutavaloq.com
4. 4Avaloq - Historyavaloq.com
5. 5Powering the world's leading banks and wealth managers - Avaloqavaloq.com
6. 6Avaloq services - Avaloqavaloq.com