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Avaloq: Standard Banking Software
The Avaloq Group is the Swiss market leader for standard banking
software. With the Avaloq Banking System, the company offers
an integrated and modular all-round banking solution for private,
retail and universal banks, asset managers and transaction
banks.
44 clients with more than 65 banks in more than 300 branch
offices and subsidiaries worldwide trust in Avaloq's software.
In addition, Avaloq also offers various services covering
the entire life cycle of its banking software. At the Avaloq
Academy, customers are trained to further develop the Avaloq
Banking System independently.
The Avaloq Community provides a forum where more than 35,000
users, partners and employees of the Avaloq platform can share
knowledge and innovations. Avaloq has a presence in Zurich
and a number of other locations across Switzerland, in addition
to branches in Luxembourg, Frankfurt, Vienna, Moscow, Dubai,
Singapore, London and Hong Kong. As part of its internationalisation
strategy, Avaloq is aiming to open further branches.
For further information please visit: www.avaloq.com
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4 international locations, 1000 users and a
right-on-time implementation
At the beginning of 2008 RBS Coutts Bank AG, part of
the Royal Bank of Scotland Group plc, has successfully
completed two large projects at the same time: the change
of name from Coutts Bank from Ernst to RBS Coutts and
the introduction of the new Avaloq Banking System on
3 January, 2008. Thanks to an exceptional team and a
committed management, both undertakings were pulled
off with precision. view
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Development of new markets, an innovative Mandate
plan and a third fewer peripheral systems
In the largest project in the history of VP Bank Group,
250 employees are involved in harmonising the international
banking process with the introduction of Avaloq. A new,
innovative mandate plan will in future permit the quick
and simple integration of new locations. Clients will
profit from a faster reaction time in response to their
requests. view
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Cost reduction by 25 percent, accelerated time
to market and an attractive community
Increasing competitive pressure, a software platform
at the end of its life cycle and new regulatory requirements
persuaded the LUKB to change direction with their banking
software. In the Avaloq Community today, the LUKB's
starter kit is already helping other banks achieve fast
software customisation. view
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