Avaloq started working with Arab Bank Switzerland in 2017, delivering a software-as-a-service (SaaS) model for core banking combined with banking operations outsourcing (BPaaS). This solid operational foundation has supported the bank’s strong growth, with assets under management of the Arab Bank Switzerland’s Group, including Gonet, close to CHF 20 billion at year-end 2025.
As part of the renewed agreement, Arab Bank Switzerland will extend use of the Avaloq platform to include mobile banking, offering clients intuitive interfaces, the highest security standards and the ability to execute trades from smart phones. The bank will also roll out Avaloq’s RM Workplace solution in the front office to streamline client interactions and boost relationship manager productivity.
In addition, through Avaloq’s partnership with BlackRock, Arab Bank Switzerland will become the first Swiss bank to implement the joint technology solution from Avaloq and Aladdin Wealth, underscoring the bank’s position as an innovation leader in Switzerland’s financial landscape. With Aladdin Wealth, the bank will offer wealth managers a best-in-class risk management and portfolio construction solution, delivered through a unified platform that enhances efficiency and helps elevate the client experience.
Martin Greweldinger, Group Chief Executive Officer at Avaloq, said: “We are proud to support Arab Bank Switzerland on its digital transformation journey to create an outstanding wealth management experience with the ability to scale. With this latest milestone in our partnership, Avaloq will support the bank’s operations across the front, middle and back office, enabling its continued strong growth and keeping its systems at the forefront of technology.”
Yves Spörri, CEO of Arab Bank Switzerland, added: “We are committed to offering our clients the best wealth management experience, and we are glad we can rely on both Avaloq’s and Aladdin Wealth’s best-in-class software, integration capabilities and managed services to achieve this. Both firms share our passion for innovation and quality, and we are excited to embark on the next chapter of our partnership.”
Zachary Lerner, Head of Aladdin Wealth Tech in EMEA, BlackRock, said: “With Aladdin Wealth, we are focused on providing the language of portfolios for banks and wealth managers as they increasingly look for smarter, more integrated data and technology solutions across public and private markets. By integrating Aladdin Wealth technology alongside Avaloq’s digital platform, we’re equipping Arab Bank Switzerland with a unified solution that elevates advisory capabilities, accelerates digital innovation across their operations, and ultimately enhances client outcomes.”
