- Reduction of operating costs by > 20% just three years after implementation at successfully run financial institutions
- 15% higher revenue than the competition three years after implementation of the Avaloq Banking System, +34% after five years
- On average over 20 peripheral systems replaced
- Reduction of manual processes by more than 60% after implementation of the Avaloq Banking System
- Reduction in time to market from 16 to two weeks for new financial products
“Instead of three, we replaced 23 applications. And we reached our targeted cost reductions ahead of schedule.” Zürcher Kantonalbank, Roland Buri
“We are targeting cost reductions of around 25% in the operation of applications and the computer centre. With Avaloq we are also increasing our flexibility with respect to insourcing and outsourcing business processes.” Bernhard Kobler, CEO Luzerner Kantonalbank
“The decision to implement Avaloq software was primarily one to benefit increased efficiency and optimise customer-friendly advising.” RBS Coutts, Sandra Hauser
The Avaloq Banking System is based on a modular structure which exceeds even the requirements of the most innovative and demanding financial institutions in the world. Avaloq not only revolutionises banks’ middle- and back office functions – Avaloq also invests heavily in the front office of the future. We innovate at the interface between the financial institutions and its clients by facilitating completely new customer experiences: with the latest technology, with new devices such as tablets and smartphones, and with trailblazing front office concepts.