Avaloq Ventures AG Among Cloud Top 500

Allmendstrasse 140

Zürich, x, CH-8027, Switzerland

41 58 316 10 10

https://www.avaloq.com

245

Avaloq Ventures AG Strengths, Domain Expertise, and Key Differentiators

The Avaloq group, an international fin-tech company and a leader in integrated and comprehensive banking solutions announced that it will bolster its existing partnership with Raiffeisen Switzerland into a value additive, long-term, and pure client-supplier relationship.As part of the proposed transaction, ARIZON will enter into a service agreement with Raiffeisen through the end of 2024 for the further development of the banking platform and delivery of processing services. As part of a previous agreement between Avaloq and Raiffeisen Switzerland, 255 Raiffeisen banks in Switzerland will be migrated to the universal banking platform developed and operated by ARIZON.

Avaloq Ventures AG Recent Developments

In Autumn 2020, Avaloq will launch their new product called Avaloq Engage. It will Increase workflow efficiency and improve client advice. Avaloq Engage lets relationship managers work more seamlessly, while supporting them with data and intelligence that improves their advice to clients.

In July 2020, Avaloq launched Avalon Wealth platform to enable highly personalized investment management solutions. Avaloq Wealth is the first new platform to go live as it enables banks and wealth managers to provide highly personalized investment advice and bespoke services to their clients, while reducing the time spent on preparing and analyzing investment proposals. The new platform is available as a stand-alone solution, independent from Avaloq’s market-leading core banking software.

In May 2018, Avaloq opened a new Asia Pacific regional headquarters in Singapore. The new, modern premises showcase and reflect the different aspects of Avaloq's business activities and the fast-growing needs of its customers, combining technology and security with financial services. Over 100 highly digitized workplaces, multifunctional zones, collaboration areas and meeting rooms have been created, with capacity for future expansion.

Avaloq Ventures AG Mergers and Acquisitions (M&A) Activities

In November 2019, Avaloq successfully closed the acquisition of Zurich-based Derivative Partners AG, the number one independent information and data provider for structured products and derivatives in Switzerland. The deal was first announced in July this year. Derivative Partners will continue to operate as an organizational entity, with all staff retained. Detailed financial terms are not being disclosed.

Avaloq has acquired a 10% stake in Metaco, the Lausanne-based blockchain, and crypto-currency specialists to enhance its own expertise and solutions with regards to blockchain technology. The move ties in with the firm's deep commitment to innovation, digital excellence and investing in radical innovation technologies.

Avaloq Ventures AG Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Avaloq Ventures AG applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Avaloq Ventures AG and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Avaloq Core, Avalog Engage, Avalog Wealth, Avalog Insight, customers.

Avaloq Ventures AG Overview

Ownership: - x

Number of Employees: 2030

Functional Markets: ERP Services and Operations Management, Treasury and Risk Management,

Key Verticals: Banking and Financial Services,

Avaloq Ventures AG Key Enterprise and Cloud Applications

Avaloq Core, Avalog Engage, Avalog Wealth, Avalog Insight,

Avaloq Ventures AG Revenues, $M:

Type/Year20182019YoY Growth, %
Total Revenues, $M Subscribe Subscribe Subscribe
Enterprise Applications Revenues, $M Subscribe Subscribe Subscribe
Cloud Applications Revenues, $M Subscribe Subscribe Subscribe

* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.

Avaloq Ventures AG Revenue Breakdown By Type, $M:

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% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe
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Avaloq Ventures AG Revenues By Region, $M

Region% of Total Revenues2019 Total Revenues, $M2019 Enterprise Applications Revenues, $M2019 Cloud Applications Revenues, $M
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Avaloq Ventures AG Direct vs Indirect sales

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Avaloq Ventures AG Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Avaloq Ventures AG Customers


No. of Avaloq Ventures AG Customers: 155

No. of Avaloq Ventures AG Enterprise Applications Customers: 155

No. of Avaloq Ventures AG Cloud Customers: x

No. of Avaloq Ventures AG Cloud Subscribers: x


As a trusted provider to the financial industry, Avaloq works with many established partners and provide technology and services to a wide range of clients around the globe. Some of their clients include Deutsche Apotheker- und Ärztebank, BancaStato, Banco Alcala, Bank ZweiPlus, Banque de Luxembourg, Agricultural bank of China, Brewin Dolphin, China Citic Bank, Deutsche Bank, Credit Andorra and many others.

Avaloq Ventures AG Market Opportunities, M&A and Geo Expansions

In July 2020, Avaloq expanded its senior UK team with the appointment of Peter Lamberti to the role of Strategic Sales Director. He is based in London and will focus on developing strategic relationships, expanding Avaloq’s presence in the UK and also Globally. At the same period, Avaloq appointed Pascal Wengi as Head of Sales for the Greater China region. He is based in Hong Kong. In his new role at Avaloq, Pascal Wengi is responsible for building, maintaining and expanding relationships with private banks and wealth managers in the Greater China region. They also strengthened presence in French-speaking Switzerland with appointment of Olivier Taillard as Chief Market Officer for the region. Olivier is responsible for building and maintaining strong relationships with clients, prospects and intermediaries in the French-speaking part of Switzerland.

In April 2020, in collaboration with Stämpfli AG, output management specialist Avaloq Outline has opened a new Operations Centre in Berne to boost its capacity for print jobs throughout Switzerland and to increase efficiency for its clients. By integrating the new operations centre into Stämpfli AG's existing offset printing plant, the two companies will benefit from various synergies in the areas of client communications and innovative print solutions.

Avaloq and Raiffeisen Switzerland are enhancing the way they cooperate and are changing their collaboration into a long-term client-supplier relationship. In line with this, Warburg Pincus is to acquire Raiffeisen's 10% stake in Avaloq. In addition, Avaloq has reached an agreement in principle to acquire the remaining 51% of the joint venture ARIZON from Raiffeisen Switzerland as per 1 January 2019 and assuming full ownership in ARIZON. Furthermore, as part of the proposed transaction, ARIZON will enter into a service agreement with Raiffeisen running until the end of 2024.

Avaloq Ventures AG Risks and Challenges

Avaloq may need to bulk up its software assets in order to complement its BPO push that allows for greater product and services differentiation. Cloud delivery does not feature prominently in its vision and that may turn off some global banks wanting to streamline their data center operations. The ultimate goal is to deliver banking in a box, accommodating customer preferences of on-premise, Cloud or BPO delivery.

Avaloq Ventures AG Ecosystem, Partners, Resellers and SI

In July 2020, Avaloq partnered with InvestSuite to bring automated investment storytelling to its open banking marketplace. InvestSuite is a Belgium-based fintech with offices in Warsaw, London, Madrid, Copenhagen, Amsterdam and Sydney. The company provides automated investment solutions to help financial institutions retain their clients by addressing their rapidly-evolving digital needs and to defend their market positions against rising fintech disruptors.

In May 2020, Avaloq partnerd with Infosys, the global leader in next-generation digital services and consulting. Infosys is a strategic implementation partner for Avaloq’s wealth management suite of solutions to help clients modernize and transform their legacy systems into cutting-edge digital advisory platforms. Infosys leverages its Global Delivery Model and a standardized approach to implement Avaloq’s solutions for clients. Avaloq’s specialized knowledge and experience in providing end-to-end wealth management solutions combined with Infosys’s global presence and digital transformation capabilities will help create a one-stop-shop for wealth management clients.

In March 2020, Personetics, global provider of data-driven and personalized engagement solutions powered by artificial intelligence (AI) for bank customers, joined the Avaloq.one Ecosystem.This partnership gives Avaloq’s banking clients access to Personetics Engage, a business solution that offers deep analysis of customers’ financial data in real-time, understands their financial behaviour, anticipates their needs and acts accordingly on their behalf.

Among Avaloq recent partnerships are: Oepfelbaum, aleana, cleversoft, mimacom, PRODYNA, abaQon, NetGuardians, Philico, RELUTIONS and Ortec Finance.

Avaloq Ventures AG Cloud Infrastructure Insights

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Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.


Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).


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