Avaloq named a Digital Wealth Management Platform Leader
Apr30

Avaloq named a Digital Wealth Management Platform Leader

Avaloq announced today that it has been named a Leader in The Forrester Wave™: Digital Wealth Management Platforms, Q1 2020 report. The evaluation ranks vendors in the categories of Leaders, Strong Performers, Contenders and Challengers, and is a highly regarded assessment of the top vendors in the digital wealth management platforms market. In its vendor profile, the Forrester report stated, “Avaloq excels with its flexible...

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Avaloq named a Leader in Everest Group’s 2020 Wealth Management PEAK Matrix(R) Assessment
Apr21

Avaloq named a Leader in Everest Group’s 2020 Wealth Management PEAK Matrix(R) Assessment

Avaloq has been named a Leader in the Wealth Management Operations Services PEAK Matrix® Assessment 2020 by Everest Group. The assessment, an objective, industry-recognized evaluation of technology companies in the wealth management space, is used by financial services institutions to make critical decisions about global services providers. Companies were analysed based on two broad themes: their market impact and their vision and...

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Avaloq posts record annual revenues of CHF 609 million as worldwide demand for SaaS and BPaaS solutions accelerates and client base expands into new countries
Apr02

Avaloq posts record annual revenues of CHF 609 million as worldwide demand for SaaS and BPaaS solutions accelerates and client base expands into new countries

Avaloq, a pioneer in digital banking solutions, core banking software as well as Software as a Service (SaaS) and Business Process as a Service (BPaaS) solutions provider to private banks, wealth managers and universal banks with an advice-led model, has reported record results for 2019 driven by strong, continued demand from new and existing clients. The company posted full-year revenues of CHF 609 million, a year-on-year rise of 6%...

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Avaloq posts record annual revenues of CHF 609 million as worldwide demand for SaaS and BPaaS solutions accelerates and client base expands into new countries
Apr02

Avaloq posts record annual revenues of CHF 609 million as worldwide demand for SaaS and BPaaS solutions accelerates and client base expands into new countries

Group revenues up 6% year-on-year, passing the CHF 600 million mark for the first time Adjusted EBITDA for 2019 at CHF 97 million, up 7% from CHF 91 million in 2018, with over CHF 200 million available liquidity Increased share of wallet with existing clients due to Avaloq’s unique ability to enable clients to expand in size, scale and geography whilst reducing complexity; international expansion with institutions in new markets, most...

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