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.

Find out what sets Avaloq apart

Facts and numbers

160+

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 Avaloq Banking Operations, 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 160 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 160 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

“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

“We are delighted to support BDO Unibank with the migration of its core banking system and web banking platform for its wealth management business, in collaboration with Amazon Web Services (AWS). We look forward to seeing BDO Unibank continue its successful cloud transformation journey and further expand its wealth management business.”

Thomas Beck,
Co-Chief Executive Officer, Avaloq

“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

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

Capital Union Bank launches new online banking (eBanking) platform and deepens partnership with Avaloq to enhance core platform
Bahamas-based Capital Union Bank has gone live with Avaloq’s Web Banking and is upgrading its core banking system with new modules and features based on joint innovation with Avaloq, a leading provider of wealth management technology. The new web banking (eBanking) solution will further improve client interaction and engagement while the enhanced Avaloq Core Platform will support the bank’s continued growth and the seamless roll-out of innovative products and services.
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27 Jun 2023 Press Release
BlackRock and Avaloq unveil strategic partnership to provide integrated technology solutions, meeting evolving needs of wealth managers
Avaloq, a subsidiary of NEC Corporation, and BlackRock, through its Aladdin Wealth business, have formed a strategic partnership aimed at enhancing their investment technology solutions for wealth managers and private banks. As part of the strategic partnership, BlackRock is making a minority investment in Avaloq.
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14 Jun 2023 Press Release
paybox Bank embarks on ambitious growth plan supported by Avaloq’s core banking platform
Vienna-based paybox Bank, a subsidiary of A1 Telekom Austria, is migrating its operations to the Avaloq Core Platform to drive the expansion of its business and to create a comprehensive suite of banking services. With this agreement, paybox Bank has the flexibility to expand into any business area as a licensed online bank, with the ability to efficiently scale as its client base continues to grow.
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06 Jun 2023 Press Release
BancaStato and Axion renew agreement for Avaloq Core Platform and unveil innovative digital banking channels
Banca dello Stato del Cantone Ticino (BancaStato) and its private banking affiliate Axion SWISS Bank (Axion) have extended their partnership with Avaloq for core banking and have successfully completed a major upgrade of their online banking channels. BancaStato is Switzerland’s first cantonal bank to go live with the latest version of Avaloq’s Web Banking and Mobile Banking solution.
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04 Apr 2023 Press Release
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 2022 Press 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.
Read More
27 Oct 2022 Press Release

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