Tag "Avaloq"

NEC Acquires Avaloq for CHF 2.05 Billion

Avaloq, a Swiss company that develops and provides software for core banking, announced its acquisition by Japanese NEC Corporation. The acquisition is expected to be worth CHF 2.05 billion (approximately US$2.2 billion), and to be completed by April 2021, following

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Wealth Managers Need to ‘Democratise’ Their Services If They Want to Survive

Wealth managers and private banks need to ‘democratise’ their service and product offerings to a wider audience to compete and grow in the new hyper-digital world according to a report by Avaloq. If firms do not democratise their proposition, they

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Avaloq Partners With Investsuite to Bring Automated Investment Storytelling to Its Open Banking Marketplace

The new fintech in the Avaloq.one Ecosystem offers a unique digital investment solution, StoryTeller, to extend the Avaloq offering and help financial institutions accelerate their digital wealth management transformation. InvestSuite is a Belgium-based fintech with offices in Warsaw, London, Madrid,

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Erstes Investment von Avaloq Ventures geht an eine Multi-Custody-Lösungs Platform

Assetmax und Avaloq haben eine strategische Partnerschaft geschlossen. Ziel ist es, innovative digitale Lösungen für Banken zu entwickeln, indem die Synergien zwischen der branchenweit führenden Multi-Custody-Plattform von Assetmax und dem Open-Banking-Ökosystem von Avaloq optimiert werden. Im Rahmen der Transaktion erwirbt

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Personetics Partners With The Avaloq.One Ecosystem

Avaloq and Personetics are entering into a strategic partnership to connect Avaloq’s global banking clients with Personetic’s AI-powered personalized engagement solutions. Personetics, a global provider of data-driven and personalized engagement solutions for bank customers, is joining the Avaloq.one Ecosystem, Avaloq’s

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Partnership: OneSpan and Avaloq Help Financial Institutions To Prevent Fraud

OneSpan, a global leader in software for trusted identities, e-signatures and secure transactions, announced that Avaloq, has integrated OneSpan solutions into its cloud-based banking platform. These integrations make it faster and more convenient for banks to connect OneSpan’s anti-fraud solutions

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Avaloq’s New Appointments: A New Swiss Country Head, and a New Head of Global Sales from Crealogix

Avaloq has just made two new high-ranking appointments into its global operations. Mathias Schütz is to take over as Avaloq’s Country Head for Switzerland and the Principality of Liechtenstein from mid-August. He will also become CEO of Avaloq Sourcing (Switzerland

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15 Most Valuable Fintech Startups and Companies in Europe

The fintech ecosystem in Europe is steadily maturing with adoption of digital financial services continuing to grow and key enablers, including consumer acceptance, number of information and communication technologies (ICT) specialists and easiness to start new businesses, evolving positively, according

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Avaloq Doubles Down on Open Banking with Its Latest Solutions

With the deadline looming for financial services firms to be fully compliant with the Payment Services Directive II by September 2019, Avaloq is gunning to capitalise on the rush with its latest solution. According to its press release this new

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Russian Bank Offers Crypto Asset Solution in Switzerland

Avaloq and Metaco (which is 10% owned by Avaloq) have entered an innovation partnership with Gazprombank Switzerland, to implement their integrated crypto asset solution. The aim is to provide banks and wealth managers with an integrated solution for the management of client

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