Avaloq Banking System

Core Banking – Business

 

Fundamental business components offer unbeatable centralised support for business transactions and operations.

  • Multi-Entity Capability – unique functionality for the centralised support of cross-country, cross-service banking groups involving various legal systems and processing centres
  • Customer Information File (CIF) – single source for entity-dependent data with unexcelled protection of personal data
  • Corporate Actions enable the processing of global events regarding securities positions throughout their life cycle and for multiple business units
  • Settlement and Coordination of Orders – with an STP rate of nearly 100%
  • Cost and Fee Engine, Accounting Engine, Limits and Risks – flexible tools for maximum automation and STP rate in all back office functions

 

 

Avaloq Banking System

Benefits

  • Significant reduction of necessary human interactions to support the banking business
  • Single Point of Truth (SPOT) for all customers, bookkeeping, risk data and simple user-friendly reporting possibilities