Avaloq’s open banking infrastructure forms a rock-solid foundation for avaloq.one, the platform that sits at the hub of our rich ecosystem of banks, partners, fintechs, developers, investors, prospects and clients.
avaloq.one brings together a number of complementary features – including technical, financial and community elements – to create a flexible and effective system for addressing challenges with practical and innovative solutions.
A marketplace where wealth managers and banks can discover and access innovative and effective third-party solutions that have been validated by Avaloq.
A developer portal where fintechs, partners and banks can access the tools and materials needed to develop complementary solutions.
A cloud sandbox for integration testing that provides access to an instance of the Avaloq Banking Suite, configured as a model bank, complete with synthetic data.
Standardized contracting, using the Avaloq procurement process for easy onboarding of third-party products and purchasing solutions.
Regular events that bring together clients, prospects, banks and partners. These include our Fintech Tuesdays, where partners can present and demonstrate their solutions to the entire Avaloq community.
Global fintech connectivity and collaboration across major fintech hubs in Switzerland, London, Edinburgh, Berlin, Copenhagen, Malta, Singapore and Hong Kong.
The Innovation Hub at our Community Conferences, where banks and wealth managers can get a first glimpse of new and specialized solutions.
Access to fintech investors – including our own specialist investment arm, Avaloq Ventures – with the funding to back promising innovations and help them develop from concepts to fully-fledged banking applications.
We’re taking the initiative as the leading integration partner for banks and wealth managers, helping them develop, test and validate new products, services and even business models. As part of this, avaloq.one plays a key role as the orchestrator and facilitator for all types of interaction between the players involved in various parts of our ecosystem.
Our use of standardized REST APIs is designed to eliminate all the traditional hassles and complexities involved in integrating products from different fintech partners. The approach is to make integrating an application or solution a one-off process for the fintech via standardized Open APIs. Once this is done, the new offering becomes easily accessible to every bank, allowing the fintech to rapidly expand its collaboration with a wide range of banking partners.
From the bank’s point of view, Open APIs simplify the integration of new services, often slashing implementation times from several months to just a few days. This approach helps our banking clients be more agile, flexible and collaborative in building customized user experiences and helps them test new market offerings, progress rapidly through multiple iterations and quickly evolve new services to surprise and delight their users. Off-the-shelf plug-and-play integration cuts the cost and time involved in testing new ideas, allowing far greater freedom to experiment without damaging margins.