Avaloq
6.4#2 in digital banking platformsAndroidiOSWebAPI
VisitAvaloq vs Skaleet Core Banking Platform
Skaleet Core Banking Platform
6.4#5 in core banking softwareAndroidiOSWebAPI
VisitWhat both publish
| Fact | Avaloq | Skaleet Core Banking Platform |
|---|---|---|
| Deployment | Avaloq offers SaaS Go, software as a service, platform as a service and on-premises deployment options. | Skaleet describes a private-cloud option using EU-based data centers it says are not subject to the US Cloud Act. |
| Founded | Avaloq says it was founded in 1985 as BZ Informatik, an IT subsidiary of BZ Bank. | 2015 |
| Headquarters | Avaloq Group Ltd. identifies itself as a Swiss company registered at Allmendstrasse 140, 8041 Zurich, Switzerland. | Boulogne-Billancourt, France |
| Integrations | Avaloq describes an open architecture with API and data-streaming connectivity, standard interfaces and third-party components. | Skaleet says customers can use pre-integrated card processors or connect their own through a dedicated API. |
| Payments | Payments capabilities support major networks and schemes, ISO 20022, instant payments, standing orders, direct debits and card processing. | Supported payment methods listed include credit transfers, direct debits, checks, and debit cards. |
| Security | Avaloq says its database architecture handles data modifications through a single code base and is designed to provide high levels of protection. | The FAQ describes risk-based security, protections for confidentiality, integrity and traceability, two production sites, a disaster recovery site, two backup sites, and use of the French EBIOS-RM method. |
| Support | Avaloq advertises 24/7 support with continuous monitoring, fast issue resolution and dedicated global support through its managed services. | The site invites visitors to contact Skaleet and book a demo; it does not state support response times or service levels on the pages reviewed. |
Avaloq plans
- Avaloq platformPriced on request
Skaleet Core Banking Platform plans
- Custom Skaleet Core Banking PlatformPriced on request
Pick Avaloq if…
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.
Pick Skaleet Core Banking Platform if…
The platform is aimed at traditional banks, neobanks, payment service providers, and Banking-as-a-Service providers. It may suit organizations seeking configurable banking modules and API connections to existing systems.