During the Avaloq Community Conference, the Avaloq group announced today the launch of the Avaloq Software Exchange to boost innovation in the Avaloq Community.
The Avaloq Software Exchange will connect providers of innovative software for digital banking with financial institutions that intend to create ground-breaking digital experience based on the Avaloq Front. The offered software provides additional functionality to support increased client engagement, to ensure consistent client experience and to drive the potential of new business opportunities. All offerings in the Avaloq Software Exchange will integrate to the Avaloq Front, so banks and wealth managers can shorten implementation projects and achieve faster time to market for new digital offerings.
Francisco Fernandez, CEO at Avaloq, says, «The launch of the Avaloq Software Exchange is testament to our commitment of offering future-proof solutions to the financial sector. Innovation is essential in enabling financial organisations to remain competitive and grow amidst the digital revolution that is currently taking place in the industry. The Avaloq Software Exchange will make it easy for our customers to get access to cutting-edge next generation financial technology.»
The launch partners for the Avaloq Software Exchange include ti&m AG, edorasware ag, K&W Software AG and unblu inc. Also, Avaloq has recently kicked off a partnership with swissnex San Francisco to identify the most exciting start-ups in finance and technology and to establish a strong link to the Silicon Valley.
The Avaloq Software Exchange is open to current and future Avaloq partners including Fintechs and is also available to financial institutions which wish to offer their applications. The Avaloq Software Exchange offers access to the entire Avaloq Community, consisting of almost 150 banks worldwide which manage assets worth $3,900bn using Avaloq solutions.
Avaloq launched the new platform in front of the 250 participants of the Avaloq Community Conference 2015, the annual international meeting for business and IT leaders from Avaloq customers and partners.
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