Avaloq
Avaloq: A broad core banking platform for complex, multi-entity financial institutions. Ranked #11 of 24 in Core Banking Software by our editors (7.7/10); pricing: Pricing on request; best for large, complex banks.
At a glance
- Editor score7.7 / 10
- PricingPricing on request
- Best forLarge, complex banks
- Loan managementYes
- Founded1985 · Zurich, Switzerland
- Facts checked21 Sep 2026
Where it wins
- Covers front-to-back banking, lending, payments, treasury and risk
- Supports multi-entity, single-instance deployment across booking centres
- Provides PSD2, Open Wealth and other API connectivity options
Where it doesn't
- Standard pricing is not published; buyers must contact the company
- Its broad scope may exceed the needs of smaller, simpler banks
- Deployment options require choosing between SaaS, on-premises and BPaaS
Our verdict on Avaloq
Avaloq is a core banking and wealth management platform for banks, wealth managers, investment managers, retail banks and neobanks. Its coverage spans client management, investment management, trading, lending and credit, payments, treasury, risk, compliance, data analytics and integrations. The platform is suited to institutions operating across multiple markets and legal entities, with web and mobile digital banking experiences alongside API access.
Its strongest differentiator is breadth across the banking operating model. Lending and credit capabilities run from initiation through ongoing risk management, while payments support multiple markets and protocols. Treasury, accounting, risk management and regulatory reporting are included in the core scope. Multi-entity, single-instance deployment supports multiple entities and booking centres, and data streaming is intended for near-real-time decisioning systems. Open Banking APIs include PSD2 and Open Wealth, giving Avaloq a defined fit for institutions connecting external services and regulated banking workflows.
Avaloq is offered through cloud-based SaaS, on-premises software and business process as a service models, represented as a hybrid deployment approach. Pricing is contact-sales rather than a published standard plan structure, so procurement requires a direct commercial discussion. Large, complex banks and other financial institutions that need broad operational coverage, multi-entity support and regulatory capabilities should shortlist it. Smaller institutions with narrower requirements may prefer a more focused core banking product with simpler scope and more transparent pricing.
Your product? Our editors can test Avaloq in depth and publish a review, labelled as paid · from $149/mo →
Avaloq pricing
Avaloq fact sheet
| Free plan | Not verified |
|---|---|
| Paid from | Not verified |
| Deployment model | Hybrid |
| Loan management | Yes |
| Real-time processing | Not verified |
| API access | Yes |
| Supported currencies | Not verified |
| Regulatory reporting | Yes |
| Multi-entity support | Yes |
| Deployment | Cloud, Self-hosted |
| Platforms | Web |
| Built for | Mid-market, Enterprise (editorial estimate) |
| Integrations | 2 integrations: PSD2, Open Wealth See all → |
| Pricing | Pricing on request |
| Website | avaloq.com |
| Facts checked | 21 Sep 2026 |
Avaloq integrations
Avaloq lists 2 integrations on its own site.
- PSD2
- Open Wealth
Alternatives to Avaloq
- Temenos CoreA broad, API-enabled core for banks spanning retail, commercial, treasury and risk.9.4
- Oracle FLEXCUBE Universal BankingA multicountry core banking platform with broad product, processing, and regulatory capabilities.9.2
- FIS Modern Banking PlatformA modular core for retail and small-business banking with real-time processing and APIs.9.1
Also Ranked In
Avaloq is ranked in 4 of our directories.
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Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026
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