IBS Intelligence ranks Avaloq as bestselling private banking solution for third year running

The Avaloq group, an international leader in integrated and comprehensive banking solutions, is today announcing it has been rated as the bestselling private banking solution in the IBS Sales League Table for the third consecutive year.

IBS’s Sales League Table is the barometer of international core banking systems sales activity and the industry’s picture of geographical and sector trends. Avaloq’s position at the top of the 2015 edition confirms the company’s continued growth trajectory. This year’s edition of the IBS Sales League Table highlights the company’s continued leadership in the demanding wealth management and private banking sectors, while the company has also seen significant growth in the retail sector. Francisco Fernandez, CEO of Avaloq says, “We are delighted our achievements have again been recognised in this year’s IBS Sales League Table. The Avaloq group’s recent customerwins in the wealth management and private banking sphere, such as Deutsche Bank Singapore, BHF-BANK, Kaiser Partner and Banque Syz demonstrate how the investments we make in research and development pay off. We will continue to invest heavily in the industrialisation of the entire banking sector while also enhancing the digital client experience.”