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Avaloq wins HSBC global installation contract

Ike Suarez | Jan. 3, 2014
Banking solution to deploy worldwide

The Swiss banking solution vendor Avaloq has won the contract to install an integrated banking solution for worldwide deployment to support HSBC Private Bank's global operations.

Initial implementation will take place in HSBC entities in Switzerland, Luxembourg, Monaco, Guernsey and Bermuda and will then be followed later by implementations elsewhere, according to a press statement by Avaloq.

The Avaloq banking suite is an integrated and modular solution for financial institutions such as wealth management consultants, private, and retail banks, the statement explained.



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