Our latest press releases

Bahamas-based Capital Union Bank has gone live with Avaloq’s Web Banking and is upgrading its core banking system with new modules and features based on joint innovation with Avaloq, a leading provider of wealth management technology. The new web banking (eBanking) solution will further improve client interaction and engagement while the enhanced Avaloq Core Platform will support the bank’s continued growth and the seamless roll-out of innovative products and services.

Avaloq, a subsidiary of NEC Corporation, and BlackRock, through its Aladdin Wealth business, have formed a strategic partnership aimed at enhancing their investment technology solutions for wealth managers and private banks. As part of the strategic partnership, BlackRock is making a minority investment in Avaloq.

Vienna-based paybox Bank, a subsidiary of A1 Telekom Austria, is migrating its operations to the Avaloq Core Platform to drive the expansion of its business and to create a comprehensive suite of banking services. With this agreement, paybox Bank has the flexibility to expand into any business area as a licensed online bank, with the ability to efficiently scale as its client base continues to grow.

Banca dello Stato del Cantone Ticino (BancaStato) and its private banking affiliate Axion SWISS Bank (Axion) have extended their partnership with Avaloq for core banking and have successfully completed a major upgrade of their online banking channels. BancaStato is Switzerland’s first cantonal bank to go live with the latest version of Avaloq’s Web Banking and Mobile Banking solution.

Jakarta-based Bank Negara Indonesia (BNI) is migrating to the Avaloq Core Platform to support the success of its Wealth Management Division. Avaloq will enable the bank to digitalize key business processes and meet the needs of the country’s growing wealth management and private banking clients.

Bank Central Asia (BCA), one of Indonesia’s largest banks, plans to migrate its wealth management system to Avaloq Core, streamlining its back- and front-office functions.

UnionBank continues the digital transformation of its wealth management business with the Avaloq Core Platform. This will help the bank to stay ahead of the technology curve as the financial industry continues to digitalize in the pursuit of greater efficiency and innovation.

Deutsche Apotheker- und Ärztebank (apoBank), a German cooperative bank for pharmacists and physicians, is further expanding its long-term collaboration with Avaloq, a leading provider of digital banking solutions.

Thomas Fischer has been appointed as Avaloq’s Managing Director for Germany and the rest of continental Europe, excluding the company’s home market in Switzerland and Liechtenstein. He will also be the CEO of Avaloq Sourcing (Europe) AG. In his new role, Thomas Fischer is going to accelerate innovation in wealth management with Avaloq’s clients in the region.

Geneva-based Crédit Agricole (CA) next bank, part of Crédit Agricole Group, has successfully migrated to Avaloq’s core banking system, combined with business process outsourcing to increase back- and middle-office efficiency. As part of the project, a new e-banking solution has been launched, offering a state-of-the-art client experience.

Mega International Commercial Bank (Mega Bank), one of Taiwan’s largest banks by asset size, is launching its onshore private banking business for high-net-worth individuals (HNWIs). This new business offering will run on the Avaloq Core Platform.

Avaloq has successfully implemented its core banking system at Cathay United Bank to support the bank’s continued growth. The Avaloq Core Platform will cater to the increasing demand for private banking services by onshore Taiwanese high-net-worth individuals (HNWIs).

Brewin Dolphin, one of the UK’s largest wealth managers, has gone live with Avaloq’s cloud-based Software as a Service (SaaS) solution.

The two banks are expanding their long-standing partnership with Avaloq by moving their respective web and mobile banking solutions to Avaloq’s Engage platform.

Avaloq today announced that it has signed a multi-year contract with the Geneva-based private bank to continue their partnership in the fields of core banking solutions and back-office operations. With Avaloq’s technology, S.P. Hinduja Banque Privée is now entering the open banking space.

Avaloq has been recognized as an Overall Leader in the 2021 NelsonHall NEAT vendor evaluation for Wealth & Asset Management Services, one of the most comprehensive of such assessments globally.

The agreement will see CTBC Bank implement Avaloq’s core banking solution internationally, starting from its business units in Hong Kong and Singapore.

The venture capital specialist remains a key part of Avaloq’s ecosystem strategy — Avaloq today announced that the investment advisor of its fintech investment fund is being spun off from the group by means of a management buyout. This change of ownership will not impact the fund’s strategic focus and Avaloq will maintain its long-term interests and involvement in Avaloq Ventures.

The seasoned manager is taking over from Mathias Schütz who is leaving Avaloq after a 20-year affiliation in various leadership functions.

Avaloq, a global leader in digital banking and wealth management solutions, today announces the appointment of John Wilson as its UK Managing Director. Based in London, John will lead Avaloq’s UK client success, sales and management teams as the company continues its expansion in the UK wealth management market with new innovative digital platforms.

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.

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

Global fintech leader Avaloq has launched the Avaloq Data Synthesizer, a cutting-edge solution that allows financial institutions to simulate real client data in the development of software products..

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

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..

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 has won the Best Transaction Processing Solution award at the WealthBriefing European Awards 2020..

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

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

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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..

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, 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..

Avaloq’s e-banking solution is now in operation at Thurgauer Kantonalbank (TKB). E-banking has been integrated into the bank’s existing customer portal, providing a comprehensive solution for end customers..

The membership reflects the strong growth of Avaloq’s UK presence and client base..

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

Outstanding Wealth Management Technology Provider.

Global fintech leader 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)..

Avaloq clients now have access to voice and speech recognition solutions from Spitch. The speech interface solution was jointly developed by the two companies in close partnership. A prototype was first presented at the Avaloq Community Conference 2018 and the turnkey solution will soon be available to Avaloq client...

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

A new subsidiary, Avaloq Ventures AG, will provide access to venture capital funding and growth support for start-ups and fast-growing fintech businesses..

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.

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

28DEC2017 - TKB counts on Avaloq for digital banking.

21DEC2017 - Francisco Fernandez had onboarded Juerg Hunziker as the Deputy Group CEO and Group CMO in 2016..

20DEC2017 - The Avaloq group, an international fintech company and leader in the development and operation of core and digital banking software,.

05De2017 - Avaloq is strengthening its position in Asia Pacific by bundling its regional service and software offering under Chris Beukers’ leadership..

21NOV2017 - After reaching a decision, the special panel of judges, composed of professionals and experts from the world of banking and innovative technologies, awarded the ‘Grand Prix Banque & Innovation’ to Avaloq for its strengths and vision in innovation..

17NOV2017 - Warburg Pincus to acquire Raiffeisen’s 10% stake in Avaloq.

26OCT2017 - Avaloq is proud to announce that the community of banks relying on its outsourcing solutions has grown further with the going live of Edmond de Rothschild (Suisse) S.A in Switzerland..

24OCT2017 - Bank of Asia has decided to build its digital bank using the Avaloq Banking Suite in a Software as a Service (SaaS) model..