Best Core Banking Solution
Avaloq
Best Core Banking Solution


Pascal Wengi
Managing Director for Asia Pacific, Middle East & Africa (APAC & MEA) and a member of the Group Executive Board at Avaloq
What was behind the judges’ decision?
- During the period under consideration for the Technology Awards 2022, Avaloq was able to demonstrate significant momentum in obtaining new clients in the regional private wealth industry, particularly in Asia’s fast-growing onshore markets
- Avaloq was able to convince APB’s judging panel of the tangible benefits to private banks and wealth managers that roll out its platform. Most notably, these included substantially increased time to market for those banks expanding into new markets, higher revenue per RM, and improvements in straight-through-processing (STP) by leveraging automation and artificial intelligence (AI)
- The company has consistently proven its capacity to innovate, with latest developments including a front-to-back office solution for cryptocurrencies, which features custody and yield generation, wallet and blockchain fees management, and custody for hot, warm and cold wallets
What we said
Avaloq has once again proved beyond doubt that it is one of the industry’s leading providers of innovative solutions aimed at those who manage clients’ financial wealth, said Daniel Shane, editor of Asian Private Banker.
The company’s success in the category of Best Core Banking Solution at Asian Private Banker’s Technology Awards 2022 is a reflection of the platform’s capabilities in driving client success and growth, accelerating transformations, and ultimately improving operational efficiency. We would like to congratulate everyone at Avaloq on their success.
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