
Avaloq
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| Fact | Avaloq | CSI NuPoint |
|---|---|---|
| Founded | Avaloq says it was founded in 1985 as BZ Informatik, an IT subsidiary of BZ Bank. | 1965 |
| Headquarters | Avaloq Group Ltd. identifies itself as a Swiss company registered at Allmendstrasse 140, 8041 Zurich, Switzerland. | Paducah, Kentucky, United States |
| Integrations | Avaloq describes an open architecture with API and data-streaming connectivity, standard interfaces and third-party components. | CSI says NuPoint supports API integration and its open banking API catalog connects third-party technologies to the core system. |
| Intended customers | Avaloq describes its platform and services as serving banks and wealth managers. | CSI positions NuPoint for financial institutions, including community and regional banks. |
| Security and compliance | Avaloq says its database architecture centralizes data modifications through a single code base and that its cloud delivery is designed to comply with local regulations. | CSI describes its cloud core processing as focused on functionality, compliance and security, and says API integrations receive ongoing updates to use the most recent secure version. |
| Support | Avaloq advertises 24/7 support with continuous monitoring, fast issue resolution and dedicated global support through its managed services. | CSI says it works one-on-one with client banks to deliver solutions suited to their needs; a customer testimonial on the page describes 24/7 support. |
| What it does | Avaloq provides wealth management technology and services for financial institutions, including private banks, wealth managers, investment managers, retail banks and neobanks. | CSI describes NuPoint as a cloud-based core banking solution for operations including loan servicing, withdrawals and deposits. |
Avaloq is aimed at banks and wealth managers that need banking and wealth management capabilities across complex operations. Its deployment choices and API connectivity may suit institutions with varied technical environments.
CSI NuPoint is intended for financial institutions, including community and regional banks, seeking a core platform for banking operations. It may suit banks that need API integrations, reporting, loan management, and fraud controls.