FinovateAsia 2018 / Avaloq
Presenter Profile:
How they describe themselves: Avaloq is driving the digital transformation and automation of the financial services industry.
Our customers are the leading banks of today and tomorrow. We create powerful digital experiences provided through a standardized Business Process as a Service (BPaaS) or Software as a Service (SaaS) model to banks and wealth managers.
To further spur innovation, we work with customers, fintechs and hundreds of third-party in a uniquely collaborative way we call the Avaloq Ecosystem.
Avaloq has a presence in the world’s most demanding financial and innovation centres, including Berlin, Frankfurt, Hong Kong, London, Luxembourg, Madrid, Paris, Singapore and Sydney.
How they describe their product/innovation: Avaloq’s Ecosystem provides seamless access to an unparalleled number of market-leading fintech solutions on the Avaloq platform via open APIs.
With its new feature “double marketplace” Avaloq brings the app-store concept to banking. Fintechs can add solutions to the Ecosystem themselves; financial institutions can browse, discover and add solutions from the marketplace and integrate them into their operations.
Banks and wealth managers can also offer state-of-the-art solutions to their own clients via this ‘app store’, while clients themselves can personalise their bank experience.
Product distribution strategy: Direct to Consumer (B2C), through financial institutions, through other fintech companies and platforms
Contacts
Bus. Dev.: Gery Dachlan, Head of Sales – APAC, Gery.Dachlan@avaloq.com, +65 8322 6838
Press: Andreas Petrosino, Communications Manager, press@avaloq.com, +41 583161010
Website: avaloq.com
LinkedIn: linkedin.com/company/avaloq
Twitter: @Avaloq
HQ: Zurich, Switzerland
Founded: 1985
Product Demoed: Avaloq.one – The double marketplace
Metrics: Over 2,000 employees from 66 nationalities, three R&D centres in Zurich, Edinburgh and Manila, and three service centres in Switzerland, Singapore and Germany, Revenue in excess of CHF 550M (2017), $4 trillion in assets managed by Avaloq’s software, 500+ Avaloq developers, 1,300+ external developers
Presenters: Bodo Grauer, Head of Digital Strategy & Transformation | Stewart Chen, Regional Product Manager, Digital, APAC
- Key Executives
Francisco Fernandez (Founder & Chairman), Jürg Hunziker (CEO)
Key Stats
- Key Board Members
Jürg Hunziker (CEO), Thomas Beck (CTO), Chris Beukers (Regional Manager APAC), Pascal Föhn (COO), Dean Gluyas (CFO), Markus Gröninger (CMO), Paco Hauser (Regional Manager EMEA), Brian Hurdis (Chief Service Delivery Officer), Tobias Unger (Regional Manager Switzerland and Liechtenstein)
- Key Investors
Warburg Pincus, Francisco Fernandez, various Avaloq employees
- Key Advisory Board Members
Francisco Fernandez (Founder & Chairman)
- Key Partnerships
The Avaloq Ecosystem comprises a wide network of software, innovation and implementation partners.
- Key Customers
150 banks and wealth managers including Maybank, Industrial Bank, BT Financial Group, Crestone, HSBC, Barclays, Deutsche Bank, DBS, BBVA, Nomura, Coutts, LGT, RBS, Société Générale, Raiffeisen Switzerland, Edmond de Rothschild, ZKB and UBS