
Avaloq
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| Fact | Avaloq | TCS BaNCS for Treasury |
|---|---|---|
| Coverage | The platform supports over 100 financial products across front-to-back-office banking processes. | The solution supports multiple entities, currencies, and languages. |
| Founded | Avaloq says it was founded in 1985 as BZ Informatik, an IT subsidiary of BZ Bank. | 1968 |
| Headquarters | Avaloq Group Ltd. identifies itself as a Swiss company registered at Allmendstrasse 140, 8041 Zurich, Switzerland. | Mumbai, India |
| Purpose | Avaloq provides a comprehensive banking and wealth management platform for complex financial institutions. | TCS BaNCS for Treasury is a consolidated treasury management platform for banks and corporations, with cross-asset coverage across front, middle, and back offices. |
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.
The platform is intended for banks and corporations managing treasury activity across entities, currencies or languages. Its documented APIs and adapters are relevant to organizations integrating treasury tools with existing systems.