Avaloq
6.4#2 in digital banking platformsAndroidiOSWebAPI
VisitAvaloq vs Thought Machine Vault Core
Thought Machine Vault Core
6.0#9 in core banking softwareWebAPISelf-hosted
VisitWhat both publish
| Fact | Avaloq | Thought Machine Vault Core |
|---|---|---|
| Deployment | Avaloq offers SaaS Go, software as a service, platform as a service and on-premises deployment options. | Vault is offered through public, private, or hybrid cloud models and described as cloud agnostic. |
| Founded | Avaloq says it was founded in 1985 as BZ Informatik, an IT subsidiary of BZ Bank. | 2014 |
| Headquarters | Avaloq Group Ltd. identifies itself as a Swiss company registered at Allmendstrasse 140, 8041 Zurich, Switzerland. | The company lists London as its headquarters, at 7 Herbrand St, London WC1N 1EX, United Kingdom. |
| Integrations | Avaloq describes an open architecture with API and data-streaming connectivity, standard interfaces and third-party components. | Thought Machine says its ecosystem includes more than 50 platforms and innovators, including technology providers, cloud platforms, and system integrators. |
| Intended customers | Avaloq describes its platform and services as serving banks and wealth managers. | The company identifies global and national banks, mid-size and regional banks, fintechs, and digital banks as audiences it serves. |
| Purpose | Avaloq provides a comprehensive banking and wealth management platform for complex financial institutions. | Vault Core is a cloud-native core banking platform for replacing legacy banking infrastructure. |
Avaloq plans
- Avaloq platformPriced on request
Thought Machine Vault Core plans
- Vault CorePriced 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 Thought Machine Vault Core if…
Vault Core is aimed at global and national banks, mid-size and regional banks, fintechs, and digital banks replacing or changing core banking infrastructure. It may suit teams considering coexistence, replatforming, or a greenfield deployment.