Avaloq turnover in 2015 reaches “record” $520m


Banking software vendor Avaloq has reported a “record” financial year in 2015 with a turnover of almost CHF 500 million ($518 million). The Swiss vendor says it has won 11 new customers, and is now working with 450 banks and wealth managers worldwide. New customers include China CITIC Bank International; Crestone, the former wealth management […]

Maybank Private Wealth goes live on Avaloq Banking Suite

Maybank Private Wealth

Singapore-based Maybank Private Wealth has gone live on Avaloq’s core banking platform, Avaloq Banking Suite. The project dates back to autumn 2014, when the deal between the two parties was signed. Alvin Lee Han Eng, head of private banking at Maybank Private Wealth, is complimentary of the project team, describing it as “professional and competent […]

LLB Group launches investment advisory solution with Avaloq

Dr Kurt Mäder, group COO of LLB

Liechtensteinische Landesbank (LLB) and its subsidiary LLB Invest have launched an investment advisory solution underpinned by the Avaloq and the swissQuant Group software. LLB Invest uses the Avaloq Banking Suite for its software needs – the solution has been running at LLB since 2008 as its main core banking system. SwissQuant Group provides risk analysis […]

Avaloq migrates KBL Switzerland to BIL Suisse’s BPO solution


Avaloq Sourcing Switzerland, Avaloq’s business process outsourcing (BPO) subsidiary (previously B-Source), has migrated KBL Switzerland to the BPO platform of Banque Internationale à Luxembourg (BIL Suisse). The BPO solution is based on the vendor’s flagship core banking platform, Avaloq Banking Suite, and the migration took five months. BIL Suisse acquired the Swiss subsidiary of KBL […]

Casablanca Finance installs Avaloq banking system

Morocco's CFG investment bank will use Avaloq technology

Moroccan investment bank Casablanca Finance Group has installed a new banking system from Swiss technology company Avaloq, as the Moroccan financial services industry spreads its wings across Africa.

SBP selects Avaloq Banking System for French operations

France's Guillot: regulators must take action to protect markets

SwissLife Banque Privée is to implement the Avaloq Banking System at its French operation, which was established last year.