06 October 2009
Basler Kantonalbank successfully rolls out the Avaloq Banking System
On 5 October 2009, Basler Kantonalbank (BKB) successfully began using the Avaloq Banking System. The challenging implementation of the core banking system was completed after only eighteen months. A variety of large cantonal banks now use Avaloq's core banking system. In Switzerland, software company Avaloq has a market share of 42%.