avaloq

History

There have been many successes in the history of the Avaloq group over the past 20 years: its foundation in 1985, the management buy-out in 1991, the development of its own banking system, the successful implementation of Avaloq at many renowned banks and, in 2006, its step onto the international stage.

Avaloq History
2009Branch openings in Frankfurt, Vienna, Moscow and Dubai
 
2008

Number of employees reaches 500

2007

International expansion as company opens branches in Luxembourg and Singapore

2006

Contracts in Luxembourg, Liechtenstein, Hong Kong and Guernsey

2005

Entry into the Asian market
Avaloq Banking System marketed in Singapore

2003

Entry into the retail banking sector
First rollout of the Avaloq Banking System at a retail bank
with 240 employees

2001

Avaloq's management and employees acquire all the company's share capital
BZ Informatik renamed into Avaloq Group

1996 -
2001

Launch of the Avaloq Banking System on the market
Further development of the standard software
New customers and first migration projects
Partnerships for software implementation projects concluded

1994 - 
1996

Development of the innovative AdvAntAge banking system
Standard software first rolled out at a Swiss private bank
5 employees at BZ Informatik

1991

Management buy-out of 30% of BZ Informatik's capital

1985

Foundation of BZ Informatik by BZ Bank

News

QNB Banque Privée (Suisse) SA goes live with B-Source’s new BPO solution powered by Avaloq | more

 

Avaloq Banking System now available on standard servers from any certified producer | more

 

Avaloq Banking System protects its web applications with Airlock | more

 

In October 2009 introduced Avaloq Banking System positively impacts Basler Kantonalbank's cost development | more

 

Avaloq's new SmartClient: enhanced usability thanks to new user interface | more