Avaloq

Avaloq provides core banking software and related digital technology. It supplies banks and wealth managers with software as a service and business process as a service.

What Avaloq offers

• Core banking software — the central system used by banks and wealth managers.
• Software as a service — an early adopter of delivering banking software this way.
• Business process as a service — operations run for clients alongside the platform.
• Collaborative development — it works openly with clients, fintech firms and outside developers.

Who it works with

Banks and wealth managers. The company states that more than 150 clients use its software, and that many can begin using it within about 90 days.

Key facts

• Delivery model: software as a service
• Client base: more than 150 banks and wealth managers
• Approach: flexible, modular software