Avaloq
“Can a wealth-management core banking platform become the full-stack operating system for private banks and wealth managers globally, combining SaaS, BPaaS outsourcing, and an open fintech ecosystem?”
Avaloq was founded as a core banking software company serving wealth managers and private banks primarily in Europe and Asia-Pacific. Over time, the company expanded from on-premises core banking to cloud-delivered SaaS and BPaaS models, operating global service centres for outsourced banking operations. Acquired by NEC Corporation in 2021, Avaloq now positions itself as a wealth management technology platform combining core banking, payments, lending, digital channels, and an open ecosystem of fintech integrations targeted at private banks and wealth managers.