Tagged: avaloq

December 24, 2020 @ 2:50 pm By Samantha Hurst  |  

Avaloq, an international fintech providing services and digital solutions to banks and wealth managers, announced earlier this week the closing of NEC’s acquisition of Avaloq. As previously reported, the acquisition was announced in October and NEC purchased Avaloq for around 2.05 billion Swiss francs. Founded… Read More

October 5, 2020 @ 9:26 pm By Omar Faridi  |  

NEC Corporation (TSE: 6701) revealed on October 5, 2020, that it has acquired the Avaloq Group AG, a major Swiss financial software firm. The Avaloq acquisition has been made so that NEC can use its digital finance software and industry knowledge as it makes plans… Read More

November 17, 2019 @ 2:42 pm By Omar Faridi  |  

Switzerland-based Avaloq, a company that offers a standardized Business Process as a Service (BPaaS) or Software as a Service (SaaS) model to financial institutions and wealth management platforms, revealed recently that it has finalized its acquisition of Derivative Partners, which was first announced in July… Read More

July 16, 2019 @ 12:11 pm By Samantha Hurst  |  

OneSpan (NASDAQ: OSPN), a company that offers software for trusted identities, e-signatures and secure transactions, announced on Tuesday it has formed a new partnership with Avaloq, a global fintech and provider of software as a service (SaaS) and business process as a service (BPaaS) solutions,… Read More

March 22, 2019 @ 9:12 am By Samantha Hurst  |  

Avaloq, an international fintech providing services and digital solutions to banks and wealth managers, announced on Thursday that 12 financial institutions have signed up with its second Payment Services Directive (PSD2) solution. Avaloq reported that it launched the service at the end of last year… Read More

March 8, 2019 @ 10:44 am By Samantha Hurst  |  

Avaloq, an international fintech providing services and digital solutions to banks and wealth managers, announced on Thursday it has joined the Enterprise Ethereum Alliance (EEA), which is an open source blockchain initiative. Avaloq reported that as a member of the EEA it will collaborate with… Read More

June 7, 2018 @ 12:00 pm By Samantha Hurst  |  

Avaloq, an international fintech providing services and digital solutions to banks and wealth managers, announced earlier this week it has formed a partnership with IBM to build a private “Swiss Banking Cloud” and to transform its IT service delivery model leveraging IBM’s Infrastructure as a Service… Read More

May 25, 2018 @ 10:45 am By Samantha Hurst  |  

Avaloq, an international fintech providing services and digital solutions to banks and wealth managers, announced on Thursday that Deutsche Bank Luxembourg has adopted its Avaloq Banking Suite. According to Avaloq, more than 150 customers and wealth managers manage $4 trillion in assets with Avaloq, helping everyone from… Read More

April 26, 2018 @ 9:04 am By Samantha Hurst  |  

Avaloq, an international fintech providing services and digital solutions to banks and wealth managers, announced on Thursday it has acquired 10% stake in blockchain and cryptocurrency specialist firm, Metaco. Founded in 2014, Metaco is described as a company that has developed specialist cryptographic solutions that be… Read More

March 29, 2018 @ 2:00 pm By Samantha Hurst  |  

Avaloq, an international fintech providing services and digital solutions to banks and wealth managers, announced on Thursday it has been named founding partner of FinTech Scotland, which is described as a newly-established company tasked with promoting Scotland as a global fintech hub.  Since 2012, Avaloq reports… Read More

March 22, 2017 @ 3:09 pm By JD Alois  |  

Global private equity firm Warburg Pincus has acquired a 35% ownership stake in Avaloq, a Switzerland-based Fintech firm that provides banking software. Avaloq has been in existence since 1985 and today the company has more than 2000 employees from around the world. An affiliate of… Read More