Avaloq Innovation is Avaloq’s UK software development centre, the first to be established outside of Zurich and now a key asset within the Avaloq group with responsibility for core products and innovation projects. The R&D centre was officially opened in March 2012 and then expanded in May 2015 with the opening of a new wing to accommodate the fast-growing e-banking teams.
The Avaloq group is an international provider of software and services for wealth management, universal and retail banking whose customers, including Coutts, HSBC, Barclays and Canaccord in the UK, manage assets worth more than £1.5 trillion. Avaloq is the only independent provider for the financial industry to both develop and operate its own software. The company employs more than 1,800 highly qualified banking and IT specialists and has a customer base of more than 140 financial institutions in over 20 countries worldwide, including tier one banks in the most demanding financial centres.