Knowledge Hub

March 2021 Academy bits & bytes

Learn more about Avaloq Academy’s ABR/S courses on this month’s Academy bits and bytes.

The era of non-bankable asset management starts now, finds Avaloq’s latest industry report

Despite non-bankable assets (nBAs) accounting for around one third of global private wealth, they often come with high entry barriers for investors. However, this is forecast to change significantly over the next few years as innovative technologies and solutions allow financial institutions to value, hold and issue nBAs in the form of tokenized assets, alongside traditional ones such as stocks and bonds.

Avaloq Container Platform Reference (ACPR)

Register to the Avaloq Container Platform Reference (ACPR) Delta 2020 H1 course:

Avaloq bolsters UK sales team with senior appointment

Avaloq, a global leader in digital banking solutions, core banking software and wealth management technology, is continuing to strengthen its UK sales team with the appointment of Doug McCourt as Head of Key Account Management UK.

What does 2021 have in store for banking operations?

The Back Office of the future will be at the forefront of change – we hear it from our clients and we see it for ourselves. If anything, the pandemic made it all the more clear that digital transformation and innovation is key to building a future-proof business.

Avaloq receives award for Best Integrated Front Office Solution at the Asian Private Banker Technology Awards

Avaloq, a global leader in digital banking solutions, core banking software and wealth management technology, has won the Best Integrated Front Office Solution award at today’s Asian Private Banker Technology Awards.

Data science for wealth management

When starting a data science project, wealth managers should start by defining tangible use cases. In this blog, our Head of Data Science & Analytics, Gery Zollinger, explains this approach and what challenges data projects need to overcome.

Avaloq crowned ‘Best Transaction Processing Solution’ provider at the WealthBriefing Swiss Awards 2021

Avaloq, a global leader in digital banking solutions, core banking software and wealth management technology, has won this prestigious award today for the third time after 2017 and 2019.

Avaloq introduces consulting firm d-fine as a Special Service Partner

Frankfurt-based d-fine joins Avaloq’s global partner network to strengthen the leading digital banking solutions provider’s implementation capabilities.

The language of banking: how to best communicate with your clients

A 2019 study from Deloitte revealed that 36% of US banking consumers chose their primary bank because of its ‘simplicity’ – a concept that organizations should reflect not only in the products and services they offer, but also in the language they use.

Will voice end the era of touch in banking?

There is a new trend for which the financial industry should have a sympathetic ear: voice technology and voice assistants. We gathered a list of 5 practical use cases for voice technology in banking. Get ready for voice technology, with our newest blog.

Avaloq’s acquisition by NEC successfully completed

Avaloq, a Swiss-based global leader in digital banking solutions and wealth management technology, and Japan-based NEC Corporation today announced the closing of NEC’s acquisition of Avaloq.

Gazprombank (Switzerland) Ltd and Avaloq win the Most Innovative Project in the use of Blockchain in Banking at the IBS Intelligence Global FinTech Innovation Awards

Avaloq and Gazprombank (Switzerland) Ltd have won the Most Innovative Project in the use of Blockchain in Banking at the IBS Intelligence Global FinTech Innovation Awards 2020 for their crypto assets solution, developed in partnership with METACO.

New technologies will significantly enhance front, middle and back office functions but the ‘human touch’ remains key, finds new report from Avaloq

Digital technologies such as cloud-based operating models, artificial intelligence, data analytics and automation will significantly enhance front, middle and back office processes at banks and wealth managers, resulting in a more personalized, smarter and more efficient client experience.

Sberbank (Switzerland) AG goes live with Avaloq to support its continued growth

Sberbank (Switzerland) AG has successfully gone live with Avaloq’s Software as a Service (SaaS) solution. The implementation, following a ten-month migration project, supports the financial institution’s strong growth ambitions.

Avaloq launches the Avaloq Data Synthesizer, a cutting-edge solution for using production-like data in software development

Synthesized data, which can be accessed internally or externally without any compliance constraints by institutions and third parties, accelerates innovation, speeds up internal proofs of concept, and leads to far greater security and accuracy levels.

How to seamlessly integrate ESG in your investment advisory process

Don't see ESG as merely a simple data attribute – see it as a way to introduce new dimensions when with end-clients. Implement ESG as an integral part of your investment advisory process, on par with other elements like asset allocation, performance and risk.

Gazprombank (Switzerland) Ltd successfully trades Bitcoin for its clients and prepares for crypto payments with its Swiss partners

The solution was developed in partnership with Avaloq and METACO, and leverages Gazprombank's partnership with Bitcoin Suisse.

Avaloq launches Avaloq Insight for advanced data science and AI in wealth management

Avaloq Insight is a real-time data science cloud platform providing wealth managers and financial advisers with advanced levels of analytics.

Avaloq teams up with Google Cloud to develop and deliver state-of-the-art cloud solutions for banks and wealth managers

Google Cloud and Avaloq, a leader in digital banking solutions, today announced a new strategic partnership to help financial services organizations in their digital transformation using cloud technologies.

Avaloq’s Future as Part of NEC

On October 5, we announced the acquisition of Avaloq by NEC Corporation, who will acquire 100% of Avaloq shares from existing shareholders. With over 120 years of expertise, NEC is a recognized leader in the integration of IT and network technologies that benefit individuals and businesses around the world.

Avaloq launches comprehensive ESG investment solution for banks and wealth managers

Global fintech leader Avaloq has launched a sophisticated Environmental, Social and Governance (ESG) investment solution for banks and wealth managers that allows them to build tailored, personalized ESG-compliant portfolios for clients.

Avaloq wins Best Transaction Processing Solution at the WealthBriefing European Awards

Avaloq has won the Best Transaction Processing Solution award at the WealthBriefing European Awards 2020. The awards programme, now in its eighth year, recognizes companies, teams and individuals at the forefront of the wealth management sector.

Investment Navigator delivers holistic reg-tech solution for the Avaloq Wealth platform

The two Swiss-based tech companies are partnering to simplify investment advisory compliance for wealth managers. 

Can automation and robo-advisors help democratize the wealth management industry?

Digital wealth management software can increase the financial services industry’s cost efficiency and enable them to reach a wider audience with custom services.

Avaloq signs its first Taiwan-based client

The agreement will see the Taiwanese bank implement Avaloq’s market-leading wealth management software across its private banking division in Taiwan, Hong Kong and Singapore.

Avaloq launches Engage app, allowing wealth managers to interact seamlessly with clients via social messaging services

Avaloq, a leader in digital banking solutions, has launched the Engage app, a solution that allows wealth managers and advisers to engage with clients through social messaging channels such as WhatsApp and WeChat in a secure and compliant manner. 

Synpulse, Confinale and Assentis named as winners at the 2020 Avaloq Partner Awards ceremony

Avaloq crowns project partner, implementation partner and software partner of the year 2020 at the Avaloq Community Experience in Zurich.

Avaloq joins NEC for next phase of growth and accelerated innovation

NEC Corporation, a leading Japanese-based IT group, announces agreement to purchase 100% of Avaloq shares from existing shareholders, including Warburg Pincus LLC.

Degroof Petercam and Avaloq sign agreement to implement Avaloq’s SaaS solution as new core banking system

Degroof Petercam and Avaloq announce signing of agreement to implement Avaloq’s Software as a Service (SaaS) solution as Degroof Petercam’s new core banking system. This new solution will transform Degroof Petercam’s IT platform and better position the institution for growth and new opportunities. 

Avaloq connects with Enterprise Bot to provide cutting-edge customer service software based on AI

As the COVID-19 pandemic has led to a significant increase in customer queries globally, Avaloq’s banking and wealth management clients are to benefit from Enterprise Bot’s intuitive email and conversation solution.

2020 Q3: Academy Newsletter

This quarter highlights the Customization track including the new Accreditation courses available.

Avaloq Community Experience 2020

Enjoy the on-demand deep-dive videos of this year's Avaloq Community Experience to learn how we can help you deliver resilience in challenging times, hyper-personalize your client's digital experience, and accelerate your innovation with a truly open platform.

Client reporting and the future of wealth management

A whitepaper published jointly by Avaloq and Assentis

Avaloq strengthens its implementation capabilities with a new partnership and a status upgrade

Avaloq, a leader in digital banking solutions announces Confinale’s upgrade to “Premium Implementation Partner” status and introduces Infinogy as a new “Special Service Partner.”

Embracing Digital for Successful & Sustainable Wealth Management in Asia

Hubbis hosted its latest virtual thought leadership discussion in early September when a panel of experts assembled from different quarters for an off-the-record discussion titled ‘Embracing Digital for Sustainable Wealth Management’. The event was co-hosted by Avaloq and Imad Abou Haidar, our General Manager and Head of Asia participated in the panel discussion as well.

Democratization of wealth management - a unique business opportunity

The financial services industry faces structural margin and transformation pressures, due to rapidly-changing client demands, tighter regulations and fiercer competition. Fueled by 4 megatrends, the industry enters the era of the democratization of wealth management services.

Wealth managers need to ‘democratize’ their services to thrive in the hyper-personalized, digital banking era, warns Avaloq

Wealth managers and private banks need to ‘democratize’ their service and product offerings to a wider audience of affluent clients to compete and grow in the new hyper-digital world. If firms do not democratize their proposition, they risk losing market share and failing to capitalise on the profound, digital-led transformation of the sector.

Avaloq awarded climate neutral company label by South Pole

Avaloq, a global leader in digital banking solutions and wealth management technology, has obtained the Climate Neutral Company label by leading international climate solutions provider South Pole and achieved its aim of sourcing 100% of its energy from renewable sources.

Avaloq Community Experience 2020: Moderator

We are thrilled to announce that Carolin Roth, known from CNBC International, will be moderating the live studio session at our global Avaloq Community Experience event on Wednesday, 23 September 2020.

Meet the speakers of the Avaloq Community Experience

Less than 5 weeks to go! Meet the speakers of the Avaloq Community Experience - the unique event format where you decide which content you want to focus on.

Bankia accelerates democratization of wealth management with Avaloq

Bankia, the fourth largest financial institution in Spain, has selected Avaloq’s on-premises solution to support the bank’s aspiration to further grow its wealth management business.

Avaloq creates new Global Business Consulting function

Alain Gloden has been appointed as Global Head of Business Consulting to lead the company’s newly launched service. He is based in Zurich and reports to Paco Hauser, Avaloq’s Group Head of Markets. 

Are you ready for a brand-new event experience?

Join the global Avaloq Community on 23 September 2020. In addition to the live broadcast the event offers a broad set of on-demand sessions and many more interactive features – you decide where you want to deep-dive.

4 benefits of BPaaS in the new decade

What role does Business-Process-as-a-Service (BPaaS) have to play in banking as we move into the new decade? Here are the 4 biggest benefits that BPaaS offers to banks.

Avaloq further expands London office with the appointment of Peter Lamberti as Strategic Sales Director

Avaloq, the global wealthtech leader, has further expanded its senior UK team with the appointment of Peter Lamberti to the role of Strategic Sales Director.

Avaloq partners with AWS

Multiple clients are running their Avaloq Core Platform development on Amazon Web Services (AWS).

ACE20: Sneak Peek

Find out how we at Avaloq provide simplicity for a new era and how we help you to accelerate your innovation with a truly open platform, so you don’t have to focus on the complexity any longer.

Covid-19 will accelerate digitalization in banking

Customer needs are changing, and data storage is also growing in importance for banks. Martin Greweldinger, Group Chief Product Officer at Avaloq, explains what
the future of banking will be like.

What is conversational banking?

Messenger apps and conversational AI will develop a significant impact on the client experience of banking. Financial institutions are busy establishing robo-chatbots for service requests or use AI-supported human conversation to support their relationship managers (RMs).

Avaloq launches Wealth platform to enable highly personalized investment management solutions

The Swiss-based wealthtech leader is launching a new stand-alone, core-agnostic suite of digital wealth management platforms.

Friday afterwork beer with Jürg Hunziker

#WeekendMood - Join our CEO, Jürg Hunziker for a beer as he talks to Inside IT about his career, the challenges of the Covid-19 situation and his plans with Avaloq.

Avaloq partners with InvestSuite

The new fintech in the Avaloq.one Ecosystem offers a unique digital investment solution, StoryTeller, to extend the Avaloq offering and help financial institutions accelerate their digital wealth management transformation.

Monetizing and tokenizing non-bankable assets

In today's article, we write about the fundamental problem of exchanging non-bankable assets and present a new method for trading them in the absence of any regulated (public) market.

Knowledge Group Crypto and Tokenization

What if anyone could own expensive assets like real estate, pieces of art, or vintage cars? Tokenization turns this into reality by virtually enabling anyone to own a fraction of such non-bankable assets. Watch the session recording in our Community Portal to find out more (MDM login required).

2020 Q2: Academy Newsletter

Learn more about new and upcoming courses, like the ACPR intro and Technical operation course.

Avaloq hires in Asia to strengthen its regional footprint

Avaloq, the Swiss-based provider of digital banking solutions, core banking software and wealth management technology, has appointed Pascal Wengi as Head of Sales for the Greater China region. He will be based in Hong Kong.

Avaloq Academy - Introduction to ABR/S

Join the new ‘Introduction to ABR/S’ e-learning course to learn the what, why, and how of the Avaloq Banking Standards Starter kit and kick-start your ability to engage with this product.

Global Private Banking Innovation Awards 2020: Avaloq named Outstanding Wealth Management Technology Implementation – Back Office partner

Avaloq has been named Outstanding Wealth Management Technology Implementation – Back Office partner at the Global Private Banking Innovation Awards 2020.

Can AI-based recommender solutions help wealth managers?

Recommendation solutions are sometimes used by wealth management firms and banks to automatically suggest the product that a client may be interested in. They aim to increase client satisfaction and avoid wasting both the client’s and the relationship manager’s time with inappropriate offers.

Appointment of Olivier Taillard as Chief Market Officer for French-speaking Switzerland

Avaloq, the global leader in core banking software, digital banking and digital wealth management, has appointed Olivier Taillard as Chief Market Officer for French-speaking Switzerland.

Datenbusiness Podcast with Gery Zollinger

Avaloq's head of data science & analytics talks about adding value through data.

Avaloq named Best Outsourcing Solution

Avaloq has won the Best Outsourcing Solution and Best Transaction Processing awards at the WealthBriefing Asia Awards 2020.

Blockchain – the Innovation Engine of the Financial Industry?

Blockchain has been a buzz word for a few years but the announced disruption seems to have disappeared. So where are we since then? Are the promises all gone? Is there really something beyond the hype?

Flybits joins the Avaloq.one Ecosystem

This fintech partnership will create a new differentiated offering which gives Avaloq’s banking & wealth management clients seamless, simplified access to the innovative Flybits platform.

Merging Digital Assets with the Mainstream - Teaser 2

Since the outbreak of COVID-19 the demand for Bitcoin has surged. Learn more about how Avaloq and METACO are making crypto more accessible to investors.

Infosys and Avaloq Partner to Strengthen Wealth Management Capabilities

Infosys (NYSE: INFY), the global leader in next-generation digital services and consulting, today announced a strategic partnership with Avaloq, a leading wealth management software and digital technology provider headquartered in Zurich, to provide end-to-end (e2e) wealth management capabilities through digital platforms.

Merging Digital Assets with the Mainstream - Teaser 1

Do you think crypto is more relevant today than it was 3 months ago? Find out how METACO and Avaloq have worked together to accelerate the crypto adoption rate.

Enabling reliability and resilience during COVID 19 times

Want to know how our team enables reliability and resilience during COVID19 times?

The future of wealth management

Summary and outlook after 5 years of bank digitization: Which trends remain important.

Digital assets reach wealth management

Importance of crypto assets for wealthy customers.

FAB Switzerland renews its long-term contract with Avaloq to continue the growth of its business

The Swiss subsidiary of First Abu Dhabi Bank (FAB) has selected Avaloq’s business process as a service (BPaaS) solution for a further long-term contract to support the institution’s strong growth ambitions.

What drives us at Avaloq

What drives us at Avaloq? Find out from our CEO, Juerg Hunziker, and our Founder and Chairman, Francisco Fernandez, how we can help financial institutions and wealth managers to stay ahead of fast-changing digital and technological developments.

Avaloq named in the 2020 WealthTech100

Avaloq has been named one of the world’s leading technology firms for wealth managers in the 2020 WealthTech100, an annual list of the 100 most innovative wealth tech companies in the world.

Why future of wealth management may be in smart, not big data

More intelligent use of client data by ‘wealth challengers’ could prove a threat to traditional firms.

Wealth management for everyone

Digitization and automation are changing wealth management.

Comment: The corona crisis increases the pressure to digitise

Change processes in banking and wealth management are accelerating.

Avaloq provides Software as a Service solution for BPI

Avaloq is enabling the Bank of the Philippine Islands (BPI), one of the Philippines’ biggest banks in terms of capitalization, with its Software as a Service (SaaS) solution to help improve customer experience and boost the efficiency of five business units and subsidiaries.

Checklist: Data Science as a strategic project

According to an Avaloq survey of 208 investment advisors from 110 leading financial service providers in Zurich, Singapore, London and Frankfurt, 55 percent of those surveyed see artificial intelligence and data analysis as important technologies for their future.

Swiss companies shine in digital asset management

London - The WealthTech 100 list by FinTech Global gives an overview of the most innovative companies developing digital solutions in the asset management sector. Several Swiss companies have made it onto the list. They are all from the Greater Zurich Area.

Avaloq named a Digital Wealth Management Platform Leader

Avaloq announced today that it has been named a Leader in The Forrester Wave™: Digital Wealth Management Platforms, Q1 2020 report.

Deutsche Bank extends wealth management contract with Avaloq in six countries

Deutsche Bank has renewed its contract with the leading cloud banking provider Avaloq in Asia and in Europe until the end of 2028.

Artificial intelligence redefines asset management

Artificial intelligence is one of the major technological disrupters in wealth management. It enables intelligently individualized products and services, increasing earnings and efficiency. Three aspects are central to this.

Avaloq named a Leader in Everest Group’s 2020 Wealth Management PEAK Matrix® Assessment

Avaloq has been named a Leader in the Wealth Management Operations Services PEAK Matrix Assessment 2020 by Everest Group.

Avaloq Academy - Start learning at home

Even in these trying times, Avaloq Academy remains committed to providing you high-quality education and services.

Machine Learning for non-bankable asset investing

After introducing non-bankable asset investing in the first article of this series, we here discuss some valuation approaches using machine learning to make nBA investing fit for total wealth management.

METACO: Secure storage of digital assets for banks

How can banks integrate tokens and cryptocurrencies into their banking systems? Swiss technology company METACO was founded on that very question, and their digital asset storage system SILO provides a robust answer.

Avaloq and ACTICO expand strategic partnership to prevent financial crime

New connection between Avaloq Software and ACTICO Compliance Suite offers innovative and automated compliance solution for banks and financial services providers, based on machine learning.

Avaloq Outline with new Operations Centre in Bern

In collaboration with Stämpfli AG, output management specialist Avaloq Outline has opened a new Operations Centre in Berne to boost its capacity for print jobs throughout Switzerland and to increase efficiency for its clients.

Avaloq to reach net zero emissions by Q3 2020

Avaloq, a global leader in digital banking solutions and wealth management technology, is on track to reach net zero emissions by the third quarter of this year, one of a number of significant targets the firm is announcing as part of its first CSR programme.

Five technologies for the future in wealth management

Which digital technologies are banks and asset managers using today to secure their future? In order to survive in the market and in competition, wealth managers should focus on five topics.

Companies in short-time work: Is it time for robots?

Many companies have to send their employees on short time. Can they be temporarily replaced by chatbots?

Avaloq posts record annual revenues of CHF 609 million

Avaloq, a pioneer in digital banking solutions, core banking software as well as Software as a Service (SaaS) and Business Process as a Service (BPaaS) solutions provider to private banks, wealth managers and universal banks with an advice-led model, has reported record results for 2019 driven by strong, continued demand from new and existing clients.

Find, bait, promote - five tips for finding IT specialists

Swiss companies are desperately looking for IT specialists. Good advice is expensive. The editorial team looked for the best tips - and found five.

Avaloq's Asia head: We've moved away from 'monolithic core engines' to open technology, customisation, personalisation

Haidar, in his first media interview since joining Avaloq, discusses with Asian Private Banker the firm's strategic focus in Asia, key developments in its solutions suite, and the role the region will play in the Avaloq's future.

Learning at home: COVID-19 video

Stay connected and productive during the COVID-19 pandemic.

Avaloq’s partner atpoint launched "COVID-Kredit Fast Track" funding solution

Personetics partners with the Avaloq.one Ecosystem

Avaloq and Personetics are entering into a strategic partnership to connect Avaloq’s global banking clients with Personetic’s AI-powered personalized engagement solutions.

FCH Podcast: Open Banking - Are Ecosystems the future?

Interview with Karl im Brahm from Avaloq.

5 things that open banking has given us

As the dust starts to settle on the implementation projects related to PSD2 in the European Economic Area, it's time to reflect on what is happening with the move to open banking and ask, what has it given us so far - and is it really just about payments?

Delivering agility, security and simplicity in financial payments

The move to open banking is a global trend. Avaloq has worked with its clients and partners to deliver secure open banking solutions with architecture designed to future proof their business.

Industrialised banking makes institutions flexible

Artificial intelligence, robotics and automation simplify processes, ensure fast data processing and improve customer journeys. As a result, they are also becoming increasingly important for the financial sector, according to a recent survey.

3 key drivers of innovation in the open banking platform economy

What factors are driving innovation in open banking? Can the platform economy really work for the banking industry?

Crisis? What crisis? - The block chain industry is seeing the light of day

While prices are tumbling on the real stock exchange, the Bitcoin world is celebrating itself in Frankfurt. At last the state is helping the young industry, the tenor said.

Digital banking: 5 years - 3 technologies

After five years of digitisation hype, it is time to take stock. What developments are banks actually benefiting from and to what extent? The focus is on three technologies.

We're not taking anybody's job

They come to Switzerland to work - and are the focus of the Limitation Initiative. Every third employee has a foreign passport.

ABAKA enters strategic partnership with Avaloq

ABAKA and Avaloq have announced a strategic partnership where ABAKA will join the Avaloq.one Ecosystem to collaborate on building new AI platforms and digital solutions for client banks of Avaloq around the world.

Avaloq Academy – Technical Operations

Wonder how to get an Avaloq Operations Professional certificate? Jumpstart by taking the Technical Operations course as it will introduce to you the best practices and tools of the Avaloq Core Platform.

Democratization of wealth management

Banks and wealth managers must respond to the changing demographics if they want to remain competitive, they must expand their asset management areas for the middle segment and new, younger target groups.

CoinGeek London 2020: Building a regulation-friendly Bitcoin ecosystem

Bitcoin has been around for over a decade now and the ecosystem is currently being built with regulation and ensuring compliance in the future at the forefront.

Avaloq named Best Core Banking Platform in Asia

Avaloq, the global fintech leader, has been chosen as the provider of the Best Core Banking Platform in the latest Asian Private Banker Technology Awards.

Industry study: AI, robotics and automation central to the future of financial services

The majority of banking and wealth management professionals see artificial intelligence (AI), robotics and automation as the most significant developments that will shape the future of the global financial services industry.

Webinar: Achieving Value at Scale

How can manager-client interactions be improved? In this webinar, our expert panel explores ideas and solutions of how to overcome these challenges in order to improve manager-client engagement.

2020 Q1: Academy Newsletter

Discover the Avaloq Certified Implementation Professional (ACIP) programme.

Investing in non-bankable assets – the whys and hows

This is the first piece in a series of three short articles that will address investing in non-bankable assets and focus on critical considerations when one’s investment portfolio includes such alternative investment vehicles.

Accreditation Programmes

Learn how to get accredited through Avaloq Academy's accreditation services.

apoBank selects Avaloq's BPaaS for securities processing

Deutsche Apotheker- und Ärztebank eG (apoBank), headquartered in Düsseldorf, is further expanding its cooperation with the Avaloq group by offering securities settlement through Avaloq’s Business Process as a Service (BPaaS) solution.

Avaloq Academy – ACIP

Broaden your knowledge about project implementation in an easy, intuitive, and efficient way.

Avaloq Academy Online Live Training

Experience high quality course content as we combine expertise, didactics, and technology. Learn using the latest web technology with Avaloq's Online Live Training.

Avaloq's Accreditation Programme

Are your certificates up to date? Find out how to keep it valid with Avaloq's Accreditation Programme.

Avaloq Technical Operations

Learn more about the introduction of best practices and tools of the Avaloq Core Platform.

Can automation and robo-advisors help democratize the wealth management industry?

Digital wealth management software can increase the financial services industry’s cost efficiency and enable them to reach a wider audience with custom services.

Tokenization drives democratization of wealth management

Interview with Karl im Brahm, CEO Avaloq Sourcing (Europe) AG and Head of Germany at Avaloq.

Banks in the fight with digitalisation

Traditional banks need innovations to be able to assert themselves in a difficult market. Avaloq delivers them as products or services.

Podcast "Voice of Fintech" on avaloq.one

Anders Christensen talks about the Avaloq.one Ecosystem.

Connecting the dots: how relationship networks reshape the way we use data

It may sound like an exaggeration, but there is hardly any person in the world that has never been part of a social network, or that has never used some sort of technical network. In a similar way, it’s almost impossible to come across any recent article about data science applications which does not mention the term “network”. Hence it is only natural to ask what is a network?

New Avaloq study: AI, robotics and automation

A majority (55%) of banking and wealth management professionals view Artificial Intelligence (AI), robotics and automation as the most significant developments that will shape the future of the global financial services industry.

Partnership with atpoint

Avaloq, the fintech leader in digital banking and wealth management, is launching a long-term partnership with atpoint, a leading fintech company based in Baar in the canton of Zug.

Geneva-based Banque Cramer & Cie SA selects Avaloq’s BPaaS solution

Geneva-based Banque Cramer & Cie SA has selected Avaloq’s Business Process as a Service (BPaaS) solution for a further 10-year term to support the institution’s future growth ambitions.

Avaloq insights report 2019

Multiple trends and developments have reshaped the financial services industry and will continue to do so at an increasing rate. Read more in our insights report, based on a study carried out in 2019.

Distributed learning across banks – Avaloq’s differentiating approach

In this blog post, we will specifically delve into the type of challenges that arise in banks due to data quality and quantity-related issues and propose some concrete concepts that could mitigate these.

Wealth management redefined with artificial intelligence

The emergence of artificial intelligence (AI) represents one of the biggest disruptions that the business and financial services world has seen.

Tech giants are working on the "disruption" of the financial sector

US technology groups such as Facebook, Amazon and Google are increasingly targeting the financial services sector. This is putting pressure on banks - in Switzerland too.

Edgelab becomes first whitelabel partner for new Avaloq Wealth Platform

Edgelab, a Swiss-based technology firm that focuses on automated investment recommendations, risk analytics and decision support simulations, has entered into a partnership with Avaloq to become its first whitelabel partner for the firm’s standalone investment management platform: the Avaloq Wealth Platform.

NORD/LB migrates New York, Singapore and Shanghai branches to Avaloq Banking Suite

NORD/LB Luxembourg S.A. Covered Bond Bank (CBB), a wholly-owned subsidiary of German Landesbank NORD/LB, has successfully completed the migration of three group international branches – New York, Singapore and Shanghai – to the Avaloq Banking Suite.

LLB Austria completes migration to Avaloq core banking system

LLB (Österreich) AG completes migration to the LLB Group core banking system

The LLB Group has taken another stride forward in implementing its StepUp2020 strategy, which targets sustained profitable growth.

Is it time to redefine the risk-based portfolio approach?

The introduction of a highly automated portfolio-based advisory process and the use of quantitative portfolio risk has led to a new advisory paradigm. In this post, we explore the challenges that come with this.

Change from a single-instrument to a risk-based portfolio approach in wealth industry

With the implementation of MiFID II in Europe and similar standards in other jurisdictions, wealth advice has effectively shifted from a “single-instrument approach” to a “risk-based portfolio approach”. This blogpost is an introduction to what this means.

2019 Q4: Academy Newsletter

Read about Avaloq Academy's new certification pillars and check out brand new courses.

BPaaS and SaaS: The Future of Banking and Wealth Management​

Digital transformation of the financial services industry and a move towards fully digital operating models by banks and wealth managers have already begun to reshape the global sector.

Reality check: what makes digital assets an option in wealth management

Crypto assets are highly volatile and complex, but they offer significant growth opportunities. They have an inherent value. More and more clients therefore want comprehensive management and advisory services from asset managers and private banks.

DBS Wealth Management expands strategic partnership with Avaloq to enhance client experience

The bank will build on Avaloq’s platform to refine client solutions and accelerate its technology-led growth plans.

Digital advice and enhanced client engagement

Regulatory pressure to improve investor protection has resulted in wealth managers adopting a portfolio-risk-based approach. However, this approach can reduce the need for client touchpoints. How can manager-client interactions be improved?

Banks must appear in the daily lives of their customers

If banks want to tap into new customer groups, they must do one thing above all else: put the customer in focus. In an interview with Brahm, banking IT expert Karl Karl reveals how banks can best do this and what technology can help.

User experience enhancement for Maybank Premier clients in Singapore

The Avaloq Banking Suite has been adopted by Maybank Group, South East Asia’s fourth largest bank by assets, to serve Maybank Premier clients in Singapore.

After the hype: Three fields of action for bank digitisation

Looking at the development of banking technology over the last few years, positive developments can certainly be observed.

Avaloq recognized as a Leader in wealth management solutions in the 2019 NelsonHall NEAT report

Global fintech Avaloq has again been recognized as a Leader in the 2019 NelsonHall NEAT vendor evaluation for Wealth & Asset Management Services, one of the most comprehensive such assessments globally.

Tech helping to resolve challenges in wealth management

Robotics and AI are helping drive the way forward for the financial services sector.

Indonesia’s largest banking group picks the Avaloq Banking Suite

Jakarta-headquartered PT Bank Mandiri Tbk, the largest banking group in Indonesia in terms of assets, loans and deposits, has selected the Avaloq Banking Suite to run its USD14 billion AUM wealth management division.

Avaloq completes the acquisition of Derivative Partners

Avaloq, the leading cloud platform and service provider for banks, wealth managers and investment firms, has successfully closed the acquisition of Zurich-based Derivative Partners AG, the number one independent information and data provider for structured products and derivatives in Switzerland.

Thurgauer Kantonalbank successfully implements Avaloq’s e-banking solution

Avaloq’s e-banking solution is now in operation at Thurgauer Kantonalbank (TKB).

The Fintech Files: The IT layer cake

Welcome to your weekly roundup of the latest developments in financial tech and innovation.

Innovation decides the battle for the customer

Modern banking ecosystems combine the advantages of banks and Fintech.

Breaking the innovation deadlock

For some years now the wealth management sector has been facing enormous pressure to improve operational efficiency, performance and compliance, while neglecting an essential long-term growth driver: innovation.

Avaloq joins UK’s Fintech Alliance

Modern banking ecosystems combine the advantages of banks and fintechs

Innovation decides the battle for the customer.

Online Live Training (OLT)

Discover Avaloq Academy's online live training services.

Avaloq expands partnership with digitalswitzerland with lifelong learning pledge

Global fintech leader Avaloq has furthered its partnership with the national initiative digitalswitzerland by signing up to the organisation’s lifelong learning pledge.

Transparent trading with strukis.com for Avaloq clients

strukis.com, the Swiss newcomer in structured product trading, is now an Avaloq partner.

"Growth engine for fintechs"

The software house Avaloq launched a marketplace for Fintechs at the beginning of the year. Executive Board member Martin Greweldinger takes stock of the situation.

Crypto-assets reach Wealth Management

Interest is high, but the volatility and complexity of crypto-assets still deter many investors. For wealth managers, this is an opportunity to expand their client relationships by offering appropriate management and advisory services, explains Karl im Brahm, Avaloq's German head.

Avaloq Outline is SIX’s new network partner for digital invoicing via online banking

The output management specialist Avaloq Outline is a new eBill provider for SIX Banking Services.

Crypto-assets in asset management: An IT problem?

We spoke to Martin Greweldinger, Group Chief Product Officer of Avaloq, about the technical problems and requirements. How complicated is it for IT?

Avaloq is a proud sponsor of The Global WealthTech Summit

“Banks want to be prepared for the coming wave of tokenization”

In this interview, Martin Greweldinger talks about the reason why banks want to offer their clients the possibility to trade blockchain-based products such as tokens and cryptocurrencies.

Innovative banks assert themselves with customers

In order to be able to work in a customer-centered manner, you need the necessary foresight. However, many banks roll out digital applications without adding value for customers. Banking platforms are one possible solution, says guest author Karl im Brahm.

Beyond 'ubertisation': what wealth experts see as the future

The future of wealth management is undoubtedly 'ubertisation', experts at an Avaloq Community Conference in Singapore shared.

Avaloq CEO Juerg Hunziker: «Asia is Like Home Now»

The chief executive of the Swiss banking tech firm spoke to finews.asia about the company's Asia focus and how it is setting itself apart from the competition.

Avaloq launches new Cost & Fee Analytics solution

Avaloq, a global fintech leader, has launched a unique data analytics solution for banks and wealth managers to quickly gain transparency on the impact of bespoke pricing for individual clients, thus supporting financial institutions to improve the overall client experience.

Knowledge Lab becomes an Avaloq software partner

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.

Banks in Asia look to outsourcing to facilitate EM expansion: Avaloq

Illuminating private banking in Asia.

Avaloq announces record half-year revenues for H1 2019, profits up 5%

Avaloq, the leading fintech and international provider of software as a service (SaaS), business process as a service (BPaaS), and on-premise solutions to banks and wealth managers, reported record half-year revenues of CHF 288 million, an increase of 5 percent year-on-year.

New Head of Asia and 2019 Community Conference in Singapore

Avaloq, the global fintech leader, has appointed Imad Abou Haidar as the firm’s new Head of Asia.

Successful onboarding of Banque Morval onto Intesa Sanpaolo’s BPaaS solution in just nine months

Intesa Sanpaolo Private Bank (Suisse) SA and Avaloq have successfully onboarded Banque Morval onto Avaloq’s Business Process as a Service (BPaaS) solution in just nine months.

Our client's Vontobel robo advisor

Very interesting robo advisor from our client Vontobel showing the trend towards innovation in wealth management and the power of an ecosystem. Avaloq’s platform is right at the core.

Partnership between OneSpan and Avaloq helps financial institutions prevent fraud

Two leaders combine their strengths to arm financial institutions to stop account takeover, mobile malware, social engineering and other attacks.

Parexa joins the Avaloq Community as a Special Service Partner

Zurich-based Parexa, a leading management consultancy boutique, has become the latest firm to be appointed an Avaloq Special Service Partner.

Submit your concepts now around innovation in retail banking experiences

Avaloq acquires Derivative Partners

Avaloq has signed an agreement to acquire 100% of Zurich-based Derivative Partners AG, the number one independent information and data provider for Structured Products and Derivatives in Switzerland.

New Country Head for Switzerland and Liechtenstein and new Global Head of Sales

Mathias Schütz is to take over as Avaloq’s Country Head for Switzerland and the Principality of Liechtenstein from mid-August. He will also become CEO of Avaloq Sourcing (Switzerland & Liechtenstein) AG, the Swiss service centre for the Avaloq Group. In addition, Marc Stähli will join Avaloq on 1 July as its new Global Head of Sales.

How banks and wealth managers get FutureReady

At this year’s Avaloq Community Conference, «Future Ready with Avaloq» was more than just a theme. It evolved to become a full philosophy – a philosophy that is shaped and guided by the evolving needs of the end customer.

Making Banks and Wealth Managers Future Ready

There are five key elements that financial institutions need to address to be ready for the future.

Avaloq Outline AG and Stämpfli AG: Joining forces in the service of customer communications

Avaloq Outline AG and Stämpfli AG have agreed to enter into a partnership. Customers of both partners will benefit from the bundling of their communications services. Operations will take place at the Stämpfli Group’s Bern site.

FutureReady: Avaloq Community Conference 2019

Thanks to everyone who came to the Avaloq Community Conference this week - we thoroughly enjoyed the buzz! In case you couldn't be there, FinTech Futures has published an event report.

Avaloq boosts its implementation strength with status upgrades to three global partners

Global fintech leader Avaloq has upgraded three partner firms – Excelian, Confinale and Vanadys – to higher implementation partner status as a result of their increased capacity to help deliver large-scale Avaloq projects.

Avaloq wins award as Outstanding Wealth Management Technology Provider

Avaloq has won the Outstanding Wealth Management Technology Provider at the UK Private Banking and Wealth Management Conference Awards held on 13 June in London.

Getting cloud right

This Deloitte report provides an independent perspective on the major opportunities and risk management issues, as well as a high level roadmap to cloud transformation and the common pitfalls that banks should consider.

Avaloq Community Conference 2019: Future proofing financial institutions

This year’s showcase event will build on last year’s record meeting to discuss how the latest digital platforms and processes can future proof bank and wealth manager business models.

Avaloq named Outstanding Wealth Management Technology Provider

Avaloq is delighted to announce it has won the Outstanding Wealth Management Technology Provider in Germany at the second Annual Private Banking and Wealth Management Germany Conference Awards held on 30 April in Frankfurt.

Cboe Vest wins ‘Best Pitch Award’ at Avaloq’s inaugural Fintech Tuesday

Avaloq is delighted to announce that Stockholm-based fintech Cboe Vest Technologies won ‘Best Pitch Award’ at its recent inaugural Fintech Tuesday event in Zurich.

Qwil Messenger becomes the newest member of avaloq.one

London-based Qwil Messenger, a safe and compliant client chat platform for the global wealth management and financial service sector, has become the latest technology firm to join avaloq.one.

Avaloq CEO Juerg Hunziker on finews

7 of the top private banks in Asia already rely on Avaloq

Asian Private Banker's 2018 AUM league table reveals 7 Avaloq clients in the top 25. Congratulations to Maybank for being the fastest growing private bank in Asia.

Deutsche Bank's Sudhir Nemali on working with Avaloq

"We signed up with Avaloq as our core banking platform, with customized capabilities. The overall strategy is to build a core platform that is stable and scalable."

Avaloq voted one of the 50 most attractive employers in Switzerland

Avaloq is proud to announce that Universum, a global talent research leader, has ranked Avaloq on 46th place of the most attractive IT employers in Switzerland.

"One of the most impressive projects in the financial industry – ever"

Raiffeisen Schweiz COO Rolf Olmesdahl and Avaloq CEO Juerg Hunziker on the joint successful IT project making Raiffeisen future ready.

Avaloq launches avaloq.one, a new platform that connects fintechs with the world’s financial institutions

Global fintech leader Avaloq today announces the launch of avaloq.one, a new, intuitive and collaborative platform to help the financial services industry in their efforts working more effectively with fintechs.

Brewin Dolphin chooses Avaloq for new custody and settlement system

Brewin Dolphin, one of the UK’s largest wealth managers with £34.9 billion in discretionary funds under management, has selected Avaloq to transform its back office infrastructure through Avaloq’s Software as a Service (SaaS) solution.

Whitepaper: Digital Assets in wealth management

What are the challenges you need to overcome to provide solutions for managing crypto & traditional assets in one place?

Avaloq announces strong 2018 results, driven by international expansion, new solutions and client growth

Avaloq has reported strong results for 2018 driven by continued demand for the firm’s SaaS, BPaaS and on-premise solutions from new and existing clients and accelerated growth in markets such as EMEA.

12 financial institutions have signed up to Avaloq’s PSD2 solution to meet March deadline

Global fintech leader Avaloq has announced that 12 financial institutions have signed up to its dedicated Second Payment Services Directive (PSD2) solution to meet the 14 March deadline.

Avaloq joins the Enterprise Ethereum Alliance

Avaloq announced that it has joined the Enterprise Ethereum Alliance (EEA), the world's largest open source blockchain initiative.

Avaloq strengthens its Ticino base with new, state-of-the-art office building

Avaloq, an international fintech leader, has completed its new, state-of-the-art building at its Ticino site in Switzerland. The new building located in Bioggio stands alongside Avaloq’s existing facilities and was inaugurated on 26 February.

Christian Gosch succeeds Stefan Spannagl on Management Board of Avaloq in Germany

With effect from 1 March 2019, Christian Gosch will be joining the Management Board as Head of IT and Operations of Avaloq Sourcing (Europe) AG, which is responsible for the German operations of the Avaloq group.

Liechtenstein’s LGT goes live with Avaloq Banking Suite in Austria

The Avaloq Banking Suite is now available in Austria: The Austrian unit of LGT, the international private banking and asset management group owned by the Princely House of Liechtenstein, has gone live with the Avaloq Banking Suite.

Avaloq wins “Best Outsourcing” and “Best Transaction Processing” at the WealthBriefing Swiss Awards 2019

Avaloq, a global fintech leader, is delighted to announce it has won the highly prestigious awards for ‘Best Outsourcing’ and ‘Best Transaction Processing’ at the WealthBriefing Swiss Awards 2019, which took place in Geneva on 7 February 2019.

Smith & Williamson adopts Avaloq’s SaaS solution

Smith & Williamson, the UK-based financial and professional services firm, has further enhanced its relationship with international fintech leader Avaloq by adopting its comprehensive Software as a Service (SaaS) solution.

Successful introduction of Avaloq platform at Raiffeisen

St.Gallen, January 31st, 2019. All Raiffeisen banks at 900 sites in Switzerland are live on the Avaloq platform - The two companies readjust their long-term collaboration.

Avaloq doubles London office space

Avaloq has doubled the size of its London office to cater for strong growth in the UK driven by demand for its Software as a Service (SaaS) and Business Process as a Service (BPaaS) solutions among UK private banks and wealth managers.

2018 PBI Awards: Avaloq wins “Outstanding Wealth Management Technology Provider”

Avaloq has won the award for best “Outstanding Wealth Management Technology Provider” at this year’s Private Banking International (PBI) Awards in Switzerland.

Avaloq launches dedicated PSD2 solutions to help institutions capitalise on new open banking era

Avaloq today announces the launch of dedicated solutions to help financial institutions become fully compliant with ? and capitalise on ? the Payment Services Directive II (PSD2)

Speech interface solution from Spitch for Avaloq clients

Avaloq clients now have access to voice and speech recognition solutions from Spitch.

Avaloq and METACO implement crypto asset solution in partnership with Gazprombank (Switzerland) Ltd

Fintech leader Avaloq and crypto-asset custody infrastructure specialist METACO* have entered into an innovation partnership with Gazprombank (Switzerland) Ltd, a Swiss bank, to implement their integrated crypto asset solution.

Avaloq wins the prize in the BLOCKCHAIN category at the Banque & Innovation 2018 trade fair for its crypto investment solution

The Banque & Innovation awards recognise innovation and performance by companies presenting products or services directly related to banking innovation.

Global fintech leader Avaloq further enhances ecosystem through a venture capital fund

Avaloq leverages the firm’s extensive ecosystem to further increase innovation speed for the financial industry.

Avaloq strengthens its Group Executive Board with the appointment of Martin Greweldinger as Group Chief Product Officer

Martin Greweldinger has been appointed to the new role of Group Chief Product Officer (CPO) at Avaloq and will join the Group Executive Board on 1 January 2019.

Avaloq named Star Performer in Everest Group Capital Markets BPO PEAK Matrix™ Assessment

For the third year in a row, Avaloq has been named Star Performer in the ‘Capital Markets BPO – Service Provider Landscape with Services PEAK Matrix™ Assessment 2018’ by Everest Group.

Fintech leader Avaloq wins “Best of Show” award at FinovateAsia

The highly prestigious award concludes this year’s FinovateAsia, a major international fintech innovation conference which took place in Hong Kong on 29 and 30 October 2018.

Avaloq highlighted in Aite report for exemplary delivery of digital advisory solution

A recent report of leading research house Aite on the digitization of the wealth management sector, "Wealth Portfolio Suites Turn to Digital Advisory: Early Risers", has highlighted Avaloq in the fast-growing digital advisory market for its educational value in client communication

Competing in today’s platform economy

Achieving optimum efficiency across operations while simultaneously growing revenue in new business areas is a major challenge for established banks. New competitors are emerging from all sides, so which parts of the value chain do you really want to compete in?

Avaloq named Overall Winner in 2018 IDC FinTech Rankings Real Results Awards

Avaloq, the international fintech and leader in integrated banking solutions, has been named as the Overall Winner of the 2018 IDC FinTech Rankings Real Results Awards.

Avaloq strengthens its Group Executive Board with Michael Pahlke

Michael Pahlke has been appointed Chief Service Delivery Officer (CSDO) joining the Avaloq Group Executive Board on 1 November 2018, with a focus on expanding the firm’s global operational and technological capabilities to ensure highest levels of customer satisfaction.

Avaloq APAC Community Conference: Growing Avaloq Community meets in Singapore

Avaloq, international fintech and leader in integrated banking solutions, is hosting its largest ever Annual Asia Pacific Community Conference in Singapore on 20 September.

Avaloq upgrades open software architecture designed to make banks more agile

Avaloq, the leading global provider of software as a service (SaaS) and business process as a service (BPaaS) solutions to banks and wealth managers, has upgraded its open software architecture.

Avaloq announces strong H1 2018 results

Avaloq has reported an 8% year-on-year increase in revenue for H1 2018 to CHF 273 million, with adjusted EBITDA for the period at CHF 36 million as at the end of June.

Industrial Bank Co., Ltd creates new Private Banking Business with Avaloq Banking Suite

Fuzhou-headquartered Industrial Bank Co., Ltd, one of China’s largest banking groups with total assets of CNY 6.09 trillion, has selected Avaloq to provide a comprehensive front-to-back banking solution for its Hong Kong Branch private banking business.

Wealth Management C-level survey: Private Banking and Wealth Management 4.0

Orbium, an Avaloq premium partner, has conducted a survey of C-Suite wealth managers to explore views on the current and anticipated future state of the wealth management industry.

Avaloq Named a Leader in Magic Quadrant for Global Retail Core Banking

Avaloq has been recognised as an industry Leader by Gartner in its June 2018 Magic Quadrant for Global Retail Core Banking report.

NetGuardians becomes certified Avaloq software partner for real-time fraud prevention

NetGuardians, the award-winning Swiss fintech, announced today that it has become an Avaloq certified software partner for real-time fraud prevention.

Smith & Williamson selects Avaloq to enhance delivery of investment management services

Smith & Williamson, the UK-based financial and professional services firm with £20.1 billion1 in funds under management and advice, has selected Avaloq to help enhance the delivery of investment management services to its clients and support the continued growth of the business.

Avaloq Community Conference 2018: A new banking paradigm in the age of disruption

Avaloq hosts its annual flagship conference in Zurich on 13 June, bringing together the movers and shakers from the international Avaloq Community.

Avaloq strengthens its presence in Australia

Avaloq, the international fintech and leader in integrated banking solutions, has strengthened its position in Australia with the appointment of Anantha Ayer as General Manager & Head of Avaloq Australia.

IBM and Avaloq agree to jointly build the “Swiss Banking Cloud”

IBM and Avaloq announced an agreement to jointly build a private “Swiss Banking Cloud” and to transform Avaloq's IT service delivery model leveraging IBM’s Infrastructure as a Service (IaaS) offering.

Read more press releases in our archive

Towards banking-as-a-service

In this webinar, our panel of Avaloq and ZEB experts will discuss how moving operations to a service based model can support you in this goal and free-up the business to focus on its customers.

Towards banking-as-a-service, by ZEB

Cloud-based service models are about providing access to resources such as infrastructure, software applications and business tasks, packaged as services. Is now the right moment to move your business to the cloud?

Blockchain: Plausibility within Banking and Wealth Management

The possible effects of blockchain and distributed ledger technology (DLT) on financial services.