Avaloq has launched a digital asset platform at Zürcher Kantonalbank. Avaloq states that it has successfully integrated its digital asset platform “at one of Switzerland’s leading banks, Zürcher Kantonalbank (ZKB), in partnership with Fireblocks.” The bank’s new offering addresses growing market demand “for trading and… Read More
SIX is pleased to launch the Independent Valuation Service for financial instruments, which was co-created with Avaloq based on a strategic partnership. The initiative addresses international financial markets’ need “for end-of-day product valuations from an independent source.” This facilitates client reporting, risk management, and continuous… Read More
Taiwan-based CTBC Bank has implemented the Avaloq Core Platform in order to digitally transform its private banking business. The new platform enables CTBC Bank “to offer specialized private banking products and services in Hong Kong and Singapore.” CTBC Bank is reportedly “the largest privately owned… Read More
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.”… Read More
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.”… Read More
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.” Avaloq is “implementing… Read More
HCL Technologies UK Limited, a wholly owned subsidiary of HCL Technologies, an international tech firm, has entered an agreement for the acquisition of Confinale AG, a Switzerland-headquartered virtual banking and wealth management consulting specialist and Avaloq Premium Implementation Partner. Via this key acquisition, HCL will… Read More
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
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
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
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
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
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
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
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
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
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
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
Crowdfund Insider is the leading news website covering the emerging global industry of disruptive finance including investment crowdfunding, Blockchain, online lending, and other forms of Fintech.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it and agree to our terms of service.Ok