Knowledge Lab, the Zurich-based company founded in 2016 with a focus on data science, software development and consulting, has become an Avaloq software partner.

Peter Häusermann, founder and CEO of Knowledge Lab, says: "We are very pleased to be an official software partner of Avaloq and are proud of the development of our young company. The fact that we are now part of the Fintech ecosystem of an industry-leading company affirms our achievements in the area of banking transformation.”

Avaloq is a leading provider of core banking software and digital technology and a provider of Software as a Service (SaaS) and Business Process as a Service (BPaaS) solutions for banks and asset managers.

Thomas Beck, CTO at Avaloq, adds: "We are pleased to welcome the Knowledge Lab team to our community and look forward to supporting joint growth opportunities in a fast-changing environment.”

Knowledge Lab develops individual software solutions for banks and financial intermediaries in interdisciplinary teams, drawing on broad-based knowledge from core bank implementations. The range of services also includes consulting, overall project management, business analysis and efficient implementation on the customer's deployment environments.

About Knowledge Lab
Knowledge Lab AG is a consulting, software development and data science company for financial institutions. Founded in 2016, the Zurich-based Knowledge Lab serves customers in Switzerland and Europe. An interdisciplinary team of around 20 employees with many years of experience develops solutions together with its customers at the forefront of bank transformation and constantly researches new approaches and ideas in its own laboratory.