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Andres Fischer
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Avaloq wins renowned award as most innovative integrated banking solution

On the occasion of the “Solutions Bancaires 2011” conference in Paris, the renowned French publishing house Publi-News awarded Avaloq – the reference for integrated and comprehensive banking software solutions – as “most innovative integrated banking solution”.

Tecla Solari, Managing Director of Avaloq France, is delighted, "It’s great to receive such honours in a market that is both, new and of high importance to us. I am more than certain that we can provide the French banking market with the best software solutions for retail, wealth management and universal banks in order to meet the ever rising challenge of structural and regulatory change."

The trophy “most innovative integrated banking solution” was granted to Avaloq by an independent jury of four, consisting of two banking professionals and two consultants. The contest was called by Publi-News among the exhibitors of the “Solutions Bancaires 2011” conference. The contestants were asked to submit in writing evidence of their innovations in advance. The jury then evaluated several criteria, for example innovation and customer benefit.

„Avaloq's community, consisting of over 45’000 users, partners and employees, is responsible for winning this trophy”, explains Tecla Solari. “They co-design the future of banking technology and bring our universal front-to-back banking platform into the most demanding financial centres all over the globe. A platform that is able to replace numerous peripheral systems and to sustainably increase the banks efficiency and competitiveness. The Avaloq Banking System is very adaptable to the needs of every individual financial institution and at the same time allows banks to launch new products and services with an unbeaten time-to-market. Moreover, the Avaloq Banking System facilitates the implementation of several legal entities. It is therefore also suitable for multinational banking groups with national subsidiaries.“