Xerox in new cooperation with Inventx following acquisition of Banking Solutions Business from T-Systems

Inventx AG acquired the banking solutions business in Switzerland for clients based on Avaloq and Finnova software from T-Systems Schweiz AG. Major cantonal banks, Migros Bank and BZ Bank will now be supported by Inventx, for whom Xerox is providing operation, support and maintenance for transactional and print managed services.

Lenz & Staehelin advised Xerox in this transaction. The team was led by Lukas Morscher, assisted by Philipp Jermann.