Avaloq is a Swiss-based leader in core banking software and digital technology and a provider of software as a service (SaaS) and business process as a service (BPaaS) solutions for banks and wealth managers. Over 150 clients trust Avaloq with USD 4.5 trillion in assets managed with our software.
What is Avaloq banking Suite?
Avaloq is a Swiss company that develops and provides software for core banking. The software system, Avaloq Banking Suite, is used by more than 140 banks worldwide. Avaloq Group AG. Type.
What is avaloq script language?
Avaloq Script is the programming language within the Avaloq Core. This language is syntactically very close to PL/SQL. The main difference is in the way access to data is handled. Instead of a direct access via SQL as this in the case in PL/SQL, access is granted through so called data dictionaries (DDIC).
Which bank uses avaloq?
The Avaloq Banking Suite has been adopted by Maybank Group, South East Asia’s fourth largest bank by assets, to serve Maybank Premier clients in Singapore.
Is avaloq cloud based?
Our default approach is cloud-native. We offer flexible deployment options for core banking, and our standalone digital products are cloud-native and cloud-agnostic for efficient operation on any private or public cloud.
How big is avaloq?
At Avaloq, we love numbers – from our 2,500+ employees comprising more than 70 nationalities to our 150+ clients based in more than 30 countries.
What is ex custody?
Ex-custody is a well-known term in the industry. It refers to positions of an accounting area that are not banked by the bank itself, but where the bank takes over administrative custody and reporting tasks for the principal bank.
Who bought avaloq?
Avaloq, a Swiss-based global leader in digital banking solutions and wealth management technology, and Japan-based NEC Corporation today announced the closing of NEC’s acquisition of Avaloq.