What is Avaloq

Avaloq is a software system used for core banking, financial services, digital banking and digital wealth management.

The software was created in 1985 in Switzerland and is used by more than 150 banks around the world. Today, some 4,500 billion client assets are managed with Avaloq. There are different services proposed by Avaloq such as ready-to-bank SaaS, ready-to-operate BPaaS and a third-party solution marketplace.

It is reputed to have a high level of data security; to guarantee the security of the platform, the company outsources tech firms in Israel to perform penetration testing on their product.

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