Avaloq

We have successfully rolled out our digital asset platform at our longstanding client Zürcher Kantonalbank in partnership with Fireblocks. Avaloq enables digital asset trading, settlement and custody, while ensuring that financial institutions can efficiently manage risk, optimize transaction costs and comply with regulations. Our platform is available to banks and wealth managers regardless of whether they run their core banking systems on-premises or in a SaaS model. Michael Rausch, Project Lead Digital Assets at Zürcher Kantonalbank, said: “This innovative offering bridges the gap between decentralized and traditional finance, providing our clients with secure access to trading and custody of digital assets. We are looking forward to further collaboration in which we continue to rely on Avaloq’s proven integration and innovation capabilities.” Georges Roten, Managing Director for Switzerland and Liechtenstein at Avaloq, said: “We are proud of this latest milestone in our partnership with Zürcher Kantonalbank. This achievement reflects the bank’s commitment to innovation and comprehensive financial services for its clients. Together with our ecosystem of partners, we are dedicated to providing solutions for digital assets that enable firms to stay ahead of evolving market trends.” Dr. Nils Bulling, Head of Digital Assets Product Domain at Avaloq, said: “As the worlds of traditional finance and #digitalassets continue to converge, established financial institutions are uniquely positioned to offer digital asset services that serve the full spectrum of their clients’ needs. At Avaloq, we empower banks and wealth managers to integrate digital asset services seamlessly into their offerings, enabling them to stay ahead of industry disruptions and maintain their competitive edge." Read the full press release here: https://lnkd.in/dw4cBMgf #AvaloqCommunity #Crypto #Bitcoin #Ether #Defi #Innovation #Switzerland #Finance

In an interview, our Regional Director and Head of South Asia Vibhooti Chaturvedi discussed the digital strategies to help wealth managers in #Malaysia. Vibhooti highlighted Malaysia's economic stability and growing wealth, which have resulted in increased competition in the wealth management space and higher client expectations for innovative services. He explained how digital platforms and data analytics will be essential to enable financial institutions to succeed by enhancing operational efficiency, facilitating more personalized investment advice and allowing real-time decision-making. This in turn enables firms to expand their wealth management services to a broader audience. Thank you Michael Stanhope and Hubbis for sharing Vibhooti’s insights for wealth management firms operating in Malaysia. Read Vibhooti's full interview here: https://lnkd.in/dbR2z55m #AvaloqCommunity #Innovation #Insights #Technology #WealthManagement

We are honoured to be awarded Best End-to-End Solution by Asian Private Banker. The judges at this year’s Technology Awards recognized the benefits of the Avaloq platform for private banks and wealth managers, highlighting our strengths in mobile and web banking, client lifecycle management and portfolio management. The judges also noted that Avaloq consistently demonstrates a willingness to innovate in areas such as automation, cloud transformation and open architecture. Pascal Wengi, our Managing Director for Asia Pacific, the Middle East and Africa, said: “As an orchestrator of the financial ecosystem, Avaloq is firmly committed to fostering an extensive network of specialized partners, so that our clients can access innovative third-party applications which are seamlessly integrated into Avaloq’s unified core platform. This approach enables clients to rapidly expand their offerings and roll out the latest technologies, while relying on a robust core platform that offers up to 99% straight-through-processing rates and regulatory compliance.” Thank you, Asian Private Banker, for recognizing our commitment to innovation as we continue to support banks and wealth managers on their digitalization journey. Read the full award recognition here: https://lnkd.in/gD4t6rMA #AvaloqCommunity #Technology #Awards #WealthManagement #Innovation

Yesterday evening, we had the pleasure of hosting our summer football tournament with clients and partners. The event kicked off in Lachen in the beautiful canton of #Schwyz, with a warm welcome from our Managing Director for #Switzerland and #Liechtenstein Georges Roten and our Head of Client Management Chris Z.. The evening was filled with competitive spirit and a lot of fun on the field. After the matches, everyone enjoyed a delicious barbecue, providing the perfect opportunity for the teams to network and build stronger relationships. Congratulations to the winning team and thank you to Zürcher Kantonalbank, Basler Kantonalbank, Accenture and everyone who participated, making this event a memorable success. #AvaloqCommunity #Event #Networking #TeamSpirit #Summer

Wealth managers face significant delays in client onboarding, with processes often taking over three months for ultra-high net worth clients, according to Avaloq’s wealth industry report. In an article with FT Adviser, our Managing Director for the UK and Ireland Suman Rao explains how these delays can negatively impact the client experience and a firm’s operational efficiency. She highlights how manual intervention is a particular pain point in the UK market – with over 90% of the relationship managers we surveyed stating that simplifying or automating onboarding would greatly support their roles. Read the full story here: https://lnkd.in/gKTTnNrZ #AvaloqCommunity #WealthManagement #Automation #Onboarding #Innovation

Congratulations to the winners of the inaugural Avaloq Citizenship Awards. This year, we launched annual Citizenship Awards to recognize outstanding individuals and teams who go above and beyond to make a positive difference to Avaloq and the communities where we operate. Our 2024 award winners went the extra mile, delivering brilliant volunteering projects to help people and the environment, fostering colleague engagement through events and driving peer mentoring initiatives. Thank you to all our winners for making Avaloq and our communities better places to work and live. #AvaloqCommunity

Our Managing Director for Luxembourg Geoffrey Dezoppy and his team joined industry leaders at #Nexus2050 to discuss the latest trends in financial technology and the future of wealth management. The inaugural edition of Nexus2050 focused on #AI, #sustainability and #cybersecurity, and was an excellent opportunity to showcase Luxembourg's tech scene and the need for innovation and collaboration within the financial industry. During a panel discussion moderated by ABBL, Geoffrey shared his views on #OpenFinance, exploring the latest trends in #integration and #API technology. The event included exhibition zones, networking sessions, a seated dinner, and strategic follow-up meetings. Thank you, to The Dots Luxembourg and Maison Moderne for organizing this outstanding event. #AvaloqCommunity #TechInnovation #OpenFinance #Fintech #FutureOfFinance #Luxembourg

This month, we had the pleasure of hosting a #WealthManagement dialogue in #Bangkok in partnership with NEC Corporation (Thailand) Ltd., bringing together leaders from major banks and wealth managers in #Thailand. Pascal Wengi Managing Director for Asia Pacific, the Middle East and Africa at Avaloq, and Ichiro Kurihara, President of NEC Corporation (Thailand), highlighted Avaloq’s and NEC’s footprint in Thailand and shared how technology can help firms elevate their wealth management business. Our guest speaker Neeraj Maskara, EY ASEAN Financial Services Digital Transformation Lead, provided an industry perspective on Asia’s wealth management outlook and identified key priorities to transform and future-proof the wealth management business. Special appreciation to our panel guests for sharing their views on navigating Thailand’s wealth management transformation in the panel moderated by Vibhooti Chaturvedi, Avaloq’s regional sales director and Head of South Asia. From KASIKORNBANK, we had Sujai Hanchaowong, Managing Director, Business Strategy and Marketing Head for KBank’s Private Banking Group, who shared her insights on leveraging technology to support relationship managers to strengthen advisory services, and to expand the reach of wealth management services by democratizing access to financial products. We also heard from Suresh Neelakantan, Head of Innovation and Development (Digital Finance), Value Chain Innovation Laboratory at NEC Asia Pacific Pte Ltd, who shared his perspective on the role of technology in supporting financing institutions in their transformation journey to address changing client needs. Thank you to everyone who attended and to all our speakers for providing valuable insights into strategic, technology-driven approaches to wealth management. #DigitalTransformation #Innovation #AvaloqCommunity #FinancialServices 

We were thrilled to sponsor Women Connect, a six-part workshop series by non-profit Powercoders that empowers women to pursue careers in #technology. The #WomenConnect programme works to encourage women from a refugee or migrant background to consider a career in #IT and furnishes them with the skills and knowledge to get started. Throughout the programme, participants engaged in a variety of workshops and hands-on activities, facilitated by Avaloq volunteers, who shared their valuable experience and insights. This initiative from the Avaloq Community Impact Programme aligns with our commitment to fostering diversity, equity and #inclusion. Stacy von Cranach, Impact Initiatives Lead at Powercoders, said: “We are immensely grateful to Avaloq for their generous support of the Women Connect program. Their commitment and the dedication of all of the Avaloq volunteers have been instrumental in empowering refugee and migrant women to explore and thrive in the IT industry. Thank you for being part of the change and helping us break barriers and open doors to new opportunities for these inspiring women.” Thank you to everyone involved for making this programme a resounding success. We look forward to continuing our efforts in empowering communities and making a positive impact through technology. #AvaloqCommunity

We join NEC Corporation in celebrating 125 years of #innovation and excellence. This remarkable #anniversary is testament to NEC’s unwavering commitment to digital transformation and its vision for the future. Congratulations Takayuki Morita and everyone at NEC! #AvaloqCommunity #Technology #Digitalization #Milestone