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Avaloq

Avaloq

Avaloq is a Zürich-based financial technology company developing banking software to digitize and automate the financial services industry, founded in 1985.

OverviewStructured DataIssuesContributors

Contents

avaloq.com/en/home
avaloq.com
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Investment
Investment
Cloud computing
Cloud computing
Software
Software
Finance
Finance
‌
Banking software
Technology
Technology
Financial technology
Financial technology
Location
Lancy
Lancy
0
Singapore
Singapore
0
Sydney
Sydney
0
Luxembourg City
Luxembourg City
0
Düsseldorf
Düsseldorf
0
Pune
Pune
0
Makati
Makati
0
Sheung Wan
Sheung Wan
0
...
B2X
B2B
B2B
0
CEO
‌
Martin Greweldinger
0
Thomas Beck
Thomas Beck
0
Founder
Francisco Fernandez
Francisco Fernandez
AngelList URL
angel.co/avaloq
Pitchbook URL
pitchbook.com/profiles.../66002-50
Legal Name
Avaloq Group AG
Parent Organization
NEC
NEC
Legal classification
Aktiengesellschaft
Aktiengesellschaft
Number of Employees (Ranges)
1,001 – 5,000
Email Address
info@avaloq.com
Phone Number
+41583161010
Full Address
L14, 175 Pitt St NSW 2000 Sydney Australia0
Tower 3, Level 7, World Trade Centre, Kharadi 411014 Pune, Maharashtra India0
Strada Regina 40 CH-6934 Bioggio Switzerland0
Paseo de la Castellana 180 28046 Madrid Spain0
1, Fusionopolis Place #04-10, Galaxis (East Tower) 138522 Singapore Singapore0
19, rue Eugène Ruppert 2453 Luxembourg Luxembourg0
3rd Floor 2 Copthall Avenue EC2R 7DA London United Kingdom0
50, Level 20, Infinitus Plaza, 199 Des Voeux Rd Sheung Wan Hong Kong0
...
Investors
Warburg Pincus
Warburg Pincus
Motive Partners
Motive Partners
Founded Date
1985
Total Funding Amount (USD)
300,000,000
Competitors
Datanomik
Datanomik
0
Glassdoor ID
344283
CTO
Thomas Beck
Thomas Beck
CFO
Dean Gluyas
Dean Gluyas
Former CEO
Juerg Hunziger
Juerg Hunziger
Latest Funding Type
‌
Venture round
COO
‌
Thomas Widmer
0
Wellfound ID
avaloq
Country
Australia
Australia
0
United Kingdom
United Kingdom
0
Switzerland
Switzerland
0
Singapore
Singapore
0
Spain
Spain
0
Philippines
Philippines
0
Luxembourg
Luxembourg
0
India
India
0
...
Headquarters
Zürich
Zürich

Other attributes

Company Operating Status
Active0
Strategic Partnerships
FinTech Sandbox
FinTech Sandbox
Contact Page URL
avaloq.com/contact-us
Invested in
Metaco
Metaco
Wikidata ID
Q790110

Avaloq Group AG (Avaloq) is a Swiss international fintech company that digitizes the automation of the financial services industry. Avaloq was founded in 1985 by Francisco Fernandez and the company is headquartered in Zurich, with offices throughout Switzerland and in Berlin, Leipzig, Düsseldorf, London, Edinburgh, Luxembourg, Madrid, Neuilly sur Seine, Singapore, Hong Kong, Sydney, the Philippines, and India. Avaloq has 150+ clients based in thirty countries and nearly $5 trillion (4.5 trillion CHF) in client assets managed using its software.

The company's stated mission is "to reinvent finance for the people and make a difference in society," and the company's stated vision is "to be the orchestrator of the financial ecosystem and to democratize wealth management." Avaloq develops fully integrated banking software systems and digital applications that offer transaction processing services for financial institutions, service banks, commercial banks, investment companies, investment banks, and wealth management industries. Avaloq creates digital experiences and cloud solutions provided through a standardized Business Process as a Service (BPaaS) or Software as a Service (SaaS) model to banks and wealth managers.

In October 2020, it was announced that Japanese information technology and electronics company NEC Corporation would acquire Avaloq in a deal worth $2.2 billion. The acquisition was finalized in December 2020.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Avaloq Co-Chiefs Overhaul Top Management

https://www.finews.com/news/english-news/46527-avaloq-martin-greweldinger-thomas-beck-thomas-widmer-francisco-fernandez-juerg-hunziker

Web

June 4, 2021

References

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