AvaloqRSS

Top fintech stories this week – 28 April 2017

Banking Tech 2

Catch up on Banking Technology’s top five fintech stories of the week – all in one place! Amlak in core banking software overhaul with Temenos and NDC EXCLUSIVE. T24 will replace Silverlake Axis’ SIBS. Temenos MarketPlace gets boost with new services and leadership Targets open banking and PSD2 services. Trio tussle to win Payments Canada’s […]

Avaloq under attack as Temenos starts year strongly

Temenos gains new live site in Palestine

Banking software vendor Temenos has reported a strong start to 2017 with total software licensing revenues up 19% – and it takes a swipe at rival Avaloq in the process. In its Q1 2017 financial results, its non-IFRS total revenues were $142.7 million compared to $129.4 million for the same period last year. Non-IFRS EBIT […]

Rothschild Bank revamps client advisory with Finantix tech

Rothschild Bank goes digital

Finantix, a specialist provider of sales and advisory software to financial institutions, is implementing its digital suite at Rothschild Bank.

Axion Swiss Bank live with Avaloq Banking Suite

Lugano, home of Axion Swiss Bank

Axion Swiss Bank has fully replaced its legacy tech – ERI’s Olympic core banking system – with Avaloq Banking Suite.

Top fintech stories this week – 24 March 2017

Banking Tech 2

Catch up on Banking Technology’s top five fintech stories of the week – all in one place!

Warburg Pincus buys stake in Avaloq

Avaloq gets new core banking customer in Switzerland

Private equity (PE) firm Warburg Pincus will acquire a 35% shareholding in Avaloq from existing shareholders – with the deal a first step towards a potential public listing. The transaction values Avaloq in excess of CHF 1 billion ($1 billion). Detailed financial terms are not being disclosed, but Francisco Fernandez, CEO at Avaloq, will retain […]

New Avaloq go-live for BT Financial Group

Avaloq

Australia-based BT Financial Group, a wealth management subsidiary of Westpac, has added new functionality – superannuation administration – to its core banking platform, supplied by Avaloq.

Go-lives power Avaloq revenue rise

Avaloq gets new core banking customer in Switzerland

Avaloq has reported increases in its revenue and earnings for the 2016 fiscal year – with three new customers and 28 go-live projects completed. The Swiss firm generated full year revenues of CHF 533 million ($530 million) in 2016, an increase of 10% on a reported basis from CHF 485 million ($482 million) in the […]

Banking Technology February 2017 issue out now

Banking Technology February 2017

The latest edition of our flagship magazine – Banking Technology – is out now, packed with news, analysis and insights, case studies, research and expert commentary.

Top ten core banking software projects in 2016

CEO is now Chief Cultural Transformation Officer

Look back at some of the major core banking software projects in 2016, with Banking Technology’s top ten.

@banking
techno