2022: Top five core banking deals
FinTech Futures recaps five of the top core banking deals of 2022.
Avaloq
Bank Central Asia taps Avaloq to upgrade wealth management services
The Indonesian bank will migrate its wealth management system to Avaloq Core.
UnionBank selects Avaloq to power wealth management platform
The Filipino firm will implement the Avaloq Core Platform.
Taiwan’s Mega Bank selects Avaloq’s core banking platform
Mega Bank will deploy Avaloq’s core platform to digitalise its private banking business.
HCL snaps up Swiss wealth management firm Confinale
The deal will see HCL expand its footprint in the global wealth management market.
Taiwan’s Cathay United Bank goes live with Avaloq’s core banking tech
Avaloq says its core platform “creates a solid foundation for Cathay Bank”.
Taipei Fubon Bank revamps private banking tech with Avaloq
The roll-out will start in Hong Kong and Singapore, followed by the onshore market of Taiwan.
2021: Top five core banking deals
FinTech Futures takes a look back at some of the year’s top core banking deals.
Brewin Dolphin goes live with Avaloq’s core banking system
One of the UK’s largest wealth managers has gone live with new SaaS-based core.
Taiwan’s CTBC Bank signs core banking deal with Avaloq
The bank will roll out the Avaloq Core solution across business units in Hong Kong and Singapore.
Avaloq CEO Juerg Hunziker to step back
Hunziker is replaced by the co-CEO pairing of Martin Greweldinger and Thomas Beck.
Sberbank Switzerland outsources core to Avaloq
The implementation and migration took ten months.
Japan’s NEC buys Swiss core banking firm Avaloq in $2.2bn deal
Major investor Warburg Pincus currently owns 45% of Avaloq.
Bankia becomes Avaloq’s first Spanish banking client
The Spanish firm has picked an on-premises deployment of Avaloq tech.
ApoBank contracts auditors over ongoing IT transformation issues
Customers of the German bank have had issues connecting to their accounts since June
Avaloq extends contract with First Abu Dhabi Bank in Switzerland
The deal entails using Avaloq’s business process-as-a-service (BPaaS) systems.
Bank of the Philippine Islands deploys Avaloq Banking Suite as SaaS
The new client is Avaloq’s first in the Philippines.
Deutsche Bank signs 2028 contract extension for Avaloq tech
Swiss vendor will provide BPO services foe Deutsche until 2028.
Avaloq extends Actico partnership to integrate compliance tech
Swiss technology vendor to embed compliance solution into its platforms.
Covered Bond Bank migrates international branches to Avaloq Banking Suite
New York, Singapore, and Shanghai all switch to Avaloq system.
DBS Wealth Management extends ten-year partnership with Avaloq
The agreement will see an expanded version of Avaloq Banking Suite deployed in Singapore.
Bank Mandiri selects Avaloq Banking Suite to consolidate legacy wealthtech
Major Indonesian bank wants Avaloq to power $14bn wealth division.
Avaloq completes Derivative Partners acquisition
Zurich-based Derivative Partners to remain independent for the time being.
Avaloq lays groundwork for 2020 sale
Swiss firm’s divestment from Warburh Pincus is picking up steam.
Banque Morval and Intesa Sanpaolo unite on Avaloq’s core banking tech
The project took nine months to complete.
Avaloq buys Swiss structured products firm Derivative Partners
The acquired niche company provides market information and tools for clients in Switzerland and the rest of Europe.
Avaloq Community Conference 2019: readiness for an uncertain future
Setting out the five basic steps for the bank sector to follow, with digitisation at the heart.
Brewin Dolphin upgrades digital capabilities with Avaloq tech
The wealth manager says it has £34.9 billion under management.
LGT completes Avaloq roll-out across group
Austrian deal means all LGT’s main markets share this core system now.
All Raiffeisen banks in Switzerland finally live on Avaloq
Core banking project was delayed, but 900 sites are now up and running.
Avaloq and Gazprombank go crypto for wealthtech
The bank will offer crypto-asset investments from mid-2019.
Avaloq’s new venture capital fund aims for fintech Avalon
Banking tech provider plans new adventures with Avaloq Ventures.
FinovateAsia 2018: Best of Show winners unveiled
Congratulations to the trio of winners!
Industrial Bank goes live on Avaloq core banking system
Will be used for its Hong Kong branch’s private banking business.
Top fintech stories this week – 22 June 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Smith & Williamson in tech overhaul with Avaloq
UK’s eighth largest accountancy firm concludes system selection for core processing tech.
Top fintech stories this week – 15 June 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Avaloq Community Conference 2018: fighting talk for Raiffeisen
Swiss firm speaks out over delayed project for Raiffeisen Group.
IBM to revamp Avaloq’s IT model in cloud capabilities transformation
IBM and Avaloq tackle cloud infrastructure in the Swiss market.
Deutsche Bank Luxembourg turns to Avaloq for core banking tech revamp
Avaloq Banking Suite creates a single cash ledger for Deutsche Bank in Luxembourg.
