Avaloq

Avaloq is a Swiss-based provider of wealth management technology and digital banking solutions for financial institutions worldwide. Founded in 1985, the company is headquartered in Zurich and employs between 2,500 and 2,700 people across 11 countries. Avaloq became a subsidiary of Japan’s NEC Corporation in 2020, enhancing its capabilities in IT and network integration. The company's flagship product is the Avaloq Banking Suite, a comprehensive core banking platform that supports various financial operations, including automated transaction processing, investment management, and compliance tools. Avaloq offers its software through cloud-based SaaS and on-premises models, ensuring flexibility and scalability for its clients. The company also provides additional services such as business process outsourcing, consulting, and digital engagement platforms that enhance customer interaction and analytics. Avaloq serves a diverse range of B2B clients, including private banks, wealth managers, and retail banks, managing over CHF 4.5 trillion in assets globally.