Avaloq Banking SuiteRSS

Avaloq in talks with private equity firms?

Major bank BPCE acquires challenger bank Fidor

Avaloq is rumoured to be talking to private equity (PE) firms. Suitors reportedly include New York-based KKR.

HSBC Private Bank live with new core banking system, Avaloq Banking Suite

Avaloq gets new core banking customer in Switzerland

Global giant HSBC has deployed Avaloq’s flagship core banking solution, Avaloq Banking Suite, for its private banking operations. The system is now live in Switzerland and Luxembourg.

Axion Swiss Bank to replace legacy tech with Avaloq Banking Suite

Avaloq gets new core banking customer in Switzerland

Axion Swiss Bank, a private bank focusing on asset management and consultancy, is migrating its technology to Avaloq’s BPO centre, Avaloq Sourcing Switzerland. On the way out is ERI’s Olympic core banking system.

Banque Privée Edmond de Rothschild to standardise core ops on Avaloq Banking Suite

Edmond de Rothschild logo

Banque Privée Edmond de Rothschild (EDR) is implementing a new core banking solution, Avaloq Banking Suite. It will be provided on a hosted basis by Avaloq, supporting EDR’s operations in Switzerland, Luxembourg and Monaco. Banking Technology understands that the contract was signed at the end of last year. EDR specialises in private banking and asset […]

Australian wealth manager Crestone live with Avaloq Banking Suite

Crestone logo

Crestone, a wealth management business created out of UBS Wealth Management Australia, is now open for business, underpinned by Avaloq’s flagship core banking system. Avaloq Banking Suite supports front-to-back office operations of Crestone, multi-asset and multi-currency. Peter Scott, the vendor’s GM for Asia Pacific, says that Crestone was among the first users to apply Avaloq Banking […]

Avaloq has a breakthrough in Austria with two new core banking software clients

Avaloq gains two core banking software clients in Austria

Private banking software vendor Avaloq is to gain two sites in Austria for its flagship core banking system, Avaloq Banking Suite. These are at the Austrian operations of LGT and Liechtensteinische Landesbank (LLB). Both banking groups originate from Liechtenstein and both are long-standing users of Avaloq Banking Suite at home and Switzerland. LGT also runs […]

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