The Work Index by Flexa

Avaloq

Avaloq is a leading provider of wealth management technology and services for financial institutions worldwide.

6.7

/10

Transparency ranking

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Description

Avaloq is a leading provider of wealth management technology and services for financial institutions worldwide. The Swiss-based company offers a comprehensive range of cloud banking software and services, including standalone digital products like Avaloq Engage and Avaloq Wealth, as well as the core banking platform Avaloq Core. They are committed to innovation and invest a significant portion of their annual revenue into research and development. Avaloq's solutions are designed to help banks and wealth management firms improve operational efficiency, reduce costs, and enhance the client experience.

Avaloq has a strong track record of success, with over 160 clients in 35 countries. The company's solutions are trusted by some of the world's leading financial institutions, including LGT, UnionBank, and RBC Wealth Management. Avaloq is also a strong advocate for sustainability, with a commitment to incorporating universal principles of human rights, labor, environment, and anti-corruption into its business strategy, policies, and practices. The company actively supports initiatives that align with the United Nations Sustainable Development Goals (SDGs), demonstrating a commitment to creating a positive impact on society.

Flexibility

Avaloq offers a collaborative, supportive, and flexible work environment that empowers employees to reach their full potential. The company values work-life balance and encourages employees to embrace flexibility in their work arrangements. This may include remote work options, flexible hours, and the ability to work from different locations. By prioritizing employee well-being and fostering a culture of flexibility, Avaloq aims to create a positive and engaging work experience for all its employees.

Benefits

Avaloq offers a comprehensive suite of employee benefits designed to foster a positive and supportive work environment. These include a collaborative and flexible work culture, opportunities for personal and professional growth through training programs, competitive compensation, health and well-being initiatives, and a generous paid time off policy. Additionally, the Avaloq Community Impact Program provides 17 paid hours per year for colleagues to volunteer, promoting a culture of giving back to the community.

Mission

Avaloq's mission is to democratize access to wealth management by orchestrating the financial ecosystem. This translates to providing cutting-edge banking software and services to financial institutions, empowering them to manage clients' wealth responsibly. Their goal is to enable a more inclusive and efficient wealth management landscape where everyone has the opportunity to reach their full potential.

Automation
Data-driven
Disruptor
Environmental impact driven
Science and research driven
Sustainability
Tech for good

Culture

Avaloq promotes a collaborative, supportive, and flexible work environment, empowering its employees to reach their full potential. This is exemplified by their community impact program, which encourages colleagues to volunteer, and their commitment to fostering a speak-up culture. The company values transparency, fairness, respect, and integrity in all of its business dealings, and its dynamic and informal team culture creates a unique environment where employees are encouraged to grow and develop.

Agile and dynamic
Collaborative
Engaging
Entrepreneurial
Fast-paced
People-first
Progressive
Supportive

DE&I

Avaloq emphasizes diversity, equity and inclusion through their commitment to a global workforce, a collaborative and supportive work environment, and a focus on creating opportunities for everyone to reach their full potential. They also support community initiatives and non-profit organizations that align with their values, including a program that provides 17 paid hours per year for employees to volunteer.

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