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Avaloq - Avaloq Banking System
Overview:
Avaloq is a Swiss-based company founded in 1991, and with over 30 customers today. The Avaloq Group has branches in Luxembourg and Singapore and is the market leader for standard banking software in Switzerland. Avaloq Evolution AG develops and distributes the Avaloq Banking System, a modular, innovative and integrated standard software for the financial services industry. The Avaloq Banking System is trusted by leading financial services providers active in private, retail and full-service banking in international financial centres around the world.
Product: Avaloq Banking System
The Avaloq Banking System is a tried and tested product, covering the entire field of banking. The Avaloq Banking System is designed to cover every aspect of banking rather than individual banking functions. The result is an innovative integrated and modular IT platform for modern banking. It provides the tools necessary for current and future individual implementations at retail, commercial, private and universal banks. Meeting all existing standards, it uses state-of-the art technology and offers open interfaces for networked banking. The Avaloq Banking System is not a restricted solution, but rather an extensive, universal System. It supports all types of transactions. It enables real-time position keeping and entry and real-time credit risk management, along with 24x7 banking. Service and navigation take place through intuitive user System interfaces. Interfaces provide the connection to the current external Systems, data suppliers and stock markets.
General system features:
Object-oriented design and enterprise-wide data model
Comprehensive coverage of financial instruments and markets
Real-time processing
Straight Through Processing (T+0)
Multi-entity, multi-lingual and multi-branch
Multi-currency and multi-timezone
Easily integrated with diverse application environments and third party systems
24x7 system availability
Platform: Unix, Oracle and Java
Clients:
(IBS 2008 primarily private banking | Avaloq | Total Customers: 39 / New Signings in Yr: 5)
(IBS 2007 primarily private banking | Avaloq | Total Customers: 34 / New Signings in Yr: 6)
(IBS retail / private 2006 / Avaloq - Total Customers 29 / Live Sites 25)
Baloise Bank SoBa, Switzerland
Bank Linth
Bank Sarasin, Switzerland
Barclays Private Bank (Suisse) S.A
Barclays Private Bank, Singapore
BZ Bank
DBS (Development Bank of Singapore), Hong Kong (private banking)
La Roche & Co Banquiers
Liechtensteinische Landesbank LLB
Luzerner Kantonalbank (LUKB)
Rahn & Bodmer Banquiers, Switzerland
RBS Coutts Bank (formerly Coutts Bank von Ernst), Switzerland
St. Galler Kantonalbank
Thurgauer Kantonalbank
VP Bank, Liechtenstein, Zurich, Singapore, BVI
Zürcher Kantonalbank (ZKB | Zurich Kantonalbank)
Contact:
Avaloq Evolution AG
Allmendstrasse 140,
8027 Zurich
Tel. +41 1 488 67 62
Fax. +41 1 488 68 68
Website URL: www.avaloq.com, www.avaloq.ch
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