Front-to-back banking software and operations for wealth and retail institutions
Avaloq serves over 170 financial institutions globally with core banking platforms deployed as SaaS or on-premises, plus Banking Operations outsourcing. The tech stack is enterprise-heavy (Oracle, Java, PL/SQL, SAP) with active migration to cloud platforms (Oracle Cloud, AWS, Azure, GCP) and SAP S/4HANA — a multi-year shift toward cloud-native and ERP consolidation. Engineering-driven hiring (74 of 167 active roles) reflects the complexity of regulatory compliance, payment process automation, and back-office system integration that dominate the project backlog.
Notable leadership hires: Team Lead, Financial Planning Lead
Avaloq is a banking software and operations company serving private banks, wealth managers, investment managers, and retail banks across 170+ institutions worldwide. The product comprises front-to-back software (deployable via SaaS or on-premises) and Business Process outsourcing services for banking operations. The company maintains a subsidiary relationship with NEC Corporation. Operations span multiple geographies including Switzerland, UK, US, Singapore, India, and Germany, with a workforce of 1,001–5,000 employees. Active development focuses on core banking platform improvements, regulatory compliance, payment efficiency, and migration of legacy systems to SAP S/4HANA and multi-cloud infrastructure.
Avaloq uses Oracle, Java, PL/SQL, PHP, Jenkins, Jira, Git, and on-premises infrastructure (CentOS, RHEL). The company is actively adopting AWS, Azure, GCP, Oracle Cloud, and SAP S/4HANA to modernize from legacy on-premises deployments.
Avaloq is focused on migration to SAP S/4HANA, CI/CD and vulnerability management, API-first composable banking, core platform customization, and improving payment and back-office efficiency while meeting evolving regulatory requirements across multiple regions.
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