Avaloq

Avaloq makes core banking and wealth management software for private banks, wealth managers and investment managers, and also sells to retail, neo and corporate banks. It is based in Zurich, has developed banking software since 1985, and is a subsidiary of NEC Corporation of Japan. The company says more than 170 institutions in 35 countries use its platform and that it employs over 2,500 people.

The Avaloq platform covers all major financial products and runs the wealth business from client management, investment management and advice through trading, order management, settlement, treasury, accounting and compliance. The company says it aims at highly personalized advice at scale and that clients have raised portfolio rebalancing automation by as much as 80%. Avaloq can also take on back-office work through managed services and a banking operations offering it describes as business process as a service. A partner ecosystem gives access to more than 200 fintechs that connect through REST APIs, and clients get sandbox access in the cloud. Recent releases describe a joint offering with BlackRock's Aladdin Wealth and support for the OpenWealth API standard.

The platform is delivered as a packaged SaaS Go edition, as software as a service, as platform as a service or on premises. Avaloq has offices across Europe, the Middle East and Asia-Pacific, including a Dubai office opened in 2025. Prices are not published.