About us

Leading the way in wealth management technology

Avaloq is an industry-leading provider of wealth management technology and services for financial institutions around the world, including private banks and wealth managers, investment managers, as well as retail and neo banks. We are the only independent provider of digital banking solutions to both develop and operate its own software through cloud-based Software as a Service (SaaS) or on-premises models.

Facts and numbers

150+

clients in 35 countries

CHF 4tr

client assets managed with Avaloq software

2500+

employees representing

73 nationalities

Our offering

Avaloq’s first product was a core banking platform developed back in 1985, which has evolved into Avaloq Core, the leading product for private banks and wealth managers. More recently we have launched three standalone digital product lines, which seamlessly integrate with any core banking platform: Avaloq Engage helps to increase client engagement with intuitive digital banking; Avaloq Wealth supports the full client journey in wealth management, from prospect to trusted relationship and Avaloq Insight offers technical and business users access to insightful data from their banking systems. We also support the back office with Banking Operations (BPaaS), which automates manual servicing and business processes, achieving up to 99% straight-through processing (STP) rates for payments and close to 100% service accuracy.

Discover our solutions

Our people

Based in Switzerland, Avaloq is continuously expanding its global footprint with currently around 2,500+ colleagues in 10 countries, and more than 150 clients in 35 countries. We are constantly looking for talented people to join us on our international expansion journey. We offer the opportunity to work closely with some of the world’s leading financial institutions as we jointly develop and shape careers, in line with individual strengths and interests. Avaloq provides a collaborative, supportive and flexible work environment, empowering our colleagues to reach their full potential.

Join the avaloq team

OUR VISION

Our vision is to be the leading provider of cutting-edge banking software and services, enabling financial institutions to responsibly manage clients’ wealth.

OUR MISSION

Our mission is to orchestrate the financial ecosystem and democratize access to wealth management.

“With our innovative products and services, we enable financial institutions to scale their business efficiently, and thus reach new client segments. This provides more people with access to professional wealth management solutions, empowering them to reach their personal financial goals.”

Thomas Beck and Martin Greweldinger, Co-CEOs of Avaloq

Meet our leadership team

Our clients

More than 150 banks and wealth managers in 35 countries rely on Avaloq to markedly increase their efficiency. Below a selection of recent success stories and client testimonials for your reference:

Transaction processing volume increased by more than 7%

Automation of portfolio rebalancing boosted by 80%

IT platforms consolidated from seven different versions to only one core

Learn more about our clients

LGT: Expanding to five countries and increasing assets under management by 370% in 10 years

One of LGT’s strategic priorities has been international expansion and business diversification. In this video, Dr. André Lagger, CEO LGT Financial Services, talks about how Avaloq has supported LGT’s growth ambitions since 2009.

Watch the full video here

UnionBank: Scaling wealth management business efficiently

Watch this video to learn how Avaloq supports UnionBank on their journey to transform their wealth management business and compete both locally and globally in delivering world-class products and services to their clients.

Watch the full video here

“Due to changes in the way people are living, our clients are increasingly looking for banking services that are provided through digital channels. BKB and Bank Cler are therefore committed to investing in a state-of-the-art web and mobile infrastructure for a seamless end-to-end digital client experience. Building on our long-standing partnership with Avaloq, we are confident that this project will be a major milestone in our digital transformation journey.”

Basil Heeb,
CEO, Basler Kantonalbank

“As in most other similar industries, we are seeing a strong trend towards digitalization in wealth management. We endeavour to help our clients optimize their portfolios by designing top-notch investment solutions for them. We look forward to the partnership with Avaloq to bring premium experience to our clients.”

Austin Luo,
Head of Private Wealth Management, Haitong International

“By moving our wealth management platform to the cloud, we are paving the way for further growth in the region. Avaloq’s SaaS solution will provide us with the necessary flexibility and scale to deliver our proven value proposition to the market. By aligning our traditional private banking offering with Avaloq’s new digital platforms, we will be able to optimize the experience for our clients, and support relationship managers in delivering on clients’ financial objectives.”

Terence Chow,
Head of RBC Wealth Management – Asia

Synergies with NEC

Avaloq is a subsidiary of Japan-based NEC Corporation, a global leader in the integration of IT and network technologies. As part of NEC, Avaloq can leverage significant R&D resources to spur innovation in the fields of artificial intelligence, blockchain technology, cybersecurity and biometrics. NEC on the other hand, benefits from Avaloq’s strong expertise in the financial industry to fulfil its purpose, which is to promote a more sustainable world where everyone has the chance to reach their full potential.

Learn more about NEC's purpose and vision

Read our latest press releases

Bank Negara Indonesia scales up wealth management business with Avaloq
Jakarta-based Bank Negara Indonesia (BNI) is migrating to the Avaloq Core Platform to support the success of its Wealth Management Division. Avaloq will enable the bank to digitalize key business processes and meet the needs of the country’s growing wealth management and private banking clients.
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03 Nov 2022Press Release
Indonesia’s Bank Central Asia partners with Avaloq to enhance its wealth management business
Bank Central Asia (BCA), one of Indonesia’s largest banks, plans to migrate its wealth management system to Avaloq Core, streamlining its back- and front-office functions.
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27 Oct 2022Press Release
UnionBank of the Philippines selects Avaloq to transform its wealth management platform
UnionBank continues the digital transformation of its wealth management business with the Avaloq Core Platform. This will help the bank to stay ahead of the technology curve as the financial industry continues to digitalize in the pursuit of greater efficiency and innovation.
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18 Aug 2022Press Release
apoBank expands partnership with Avaloq
Deutsche Apotheker- und Ärztebank (apoBank), a German cooperative bank for pharmacists and physicians, is further expanding its long-term collaboration with Avaloq, a leading provider of digital banking solutions.
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19 Jul 2022Press Release
Avaloq hires Thomas Fischer to support European financial institutions on their digitalization journey
Thomas Fischer has been appointed as Avaloq’s Managing Director for Germany and the rest of continental Europe, excluding the company’s home market in Switzerland and Liechtenstein. He will also be the CEO of Avaloq Sourcing (Europe) AG. In his new role, Thomas Fischer is going to accelerate innovation in wealth management with Avaloq’s clients in the region.
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09 Jun 2022Press Release
Crédit Agricole next bank introduces end-to-end digital banking solution with Avaloq
Geneva-based Crédit Agricole (CA) next bank, part of Crédit Agricole Group, has successfully migrated to Avaloq’s core banking system, combined with business process outsourcing to increase back- and middle-office efficiency. As part of the project, a new e-banking solution has been launched, offering a state-of-the-art client experience.
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02 Jun 2022Press Release