Avaloq Group AG - Company Profile
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Avaloq Group AG (Avaloq), a subsidiary of NEC Corp, provides core banking software solutions, digital banking to commercial, private and retail banks. The company products avalog engage, avalog wealth, avalog core, avalog insight. It provides banking operations, avalo.one ecosystem and avalog academy services. Avaloq client list includes Aargauische Kantonalbank, QNB, Pictet Group, Quirin Privatbank AG, Thurgauer Kantonalbank and others. The company operates in Switzerland, the UK, Germany, France, Luxembourg, Hong Kong, Australia, the Philippines, India, Singapore and Spain. Avaloq is headquartered in Zurich, Switzerland.
Headquarters
Switzerland
Address
Allmendstrasse 140, Zurich, 8027
Website
www.avaloq.com
Telephone
41 58 3161010
No of Employees
2,400
Industry
Technology and Communications
Avaloq Group AG premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Avaloq Core | Avaloq.one Ecosystem |
| Avaloq Insight | Avaloq Academy |
| Avaloq Engage | Banking Operations |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In June, the company entered into a collaboration with Capital Union Bank to further improve client interaction and engagement. |
| 2022 | Contracts/Agreements | In October, the company entered into a partnership with Bank Central Asia to enhance its wealth management business. |
| 2022 | Contracts/Agreements | In August, the company was selected by UnionBank of the Philippines to transform its wealth management platform. |
Competitor Comparison
| Key Parameters | Avaloq Group AG | Temenos AG | Crealogix Holding AG | Azqore SA | Calypso Technology Inc |
|---|---|---|---|---|---|
| Headquarters | Switzerland | Switzerland | Switzerland | Switzerland | United States of America |
| City | Zurich | Geneve | Zuerich | Lausanne | San Francisco |
| State/Province | Zurich | Genf | - | Waadt | California |
| No. of Employees | 2,400 | 7,566 | 365 | 900 | 800 |
| Entity Type | Private | Public | Public | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Thomas Beck | Chief Executive Officer | Senior Management | 2021 | - |
| Enrico Ardielli | Chief Financial Officer | Senior Management | - | - |
| Thomas Widmer | Chief Operating Officer | Senior Management | 2021 | - |
| Martin Buchi | Chief Technology Officer | Senior Management | - | - |
| Martin Greweldinger | Co Chief Executive Officer | Senior Management | 2021 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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