Advantages of Using Avaloq’s Standard Favourites: A Focus on Common Reports Leveraging Avaloq’s standard favourites for common reports unlocks several benefits for your team: In essence, Avaloq’s standard favourites for common reports promote efficiency, knowledge sharing, and consistency within your organization.
An Avaloq Knowledge Diagnostic was conducted for Banque International de Luxembourg (BIL) across their Geneva and Zurich offices. The diagnostic identified several key areas for improvement. These areas included: These targeted actions were expected to enhance BIL’s overall Avaloq knowledge base, leading to increased efficiency, improved accuracy, and maximized utilization of the platform’s capabilities. Advantages…
Challenge: Private banks running operations on Avaloq Core modules face several challenges. One of them is the uneven Avaloq knowledge across teams that can hinder efficiency, accuracy, and limit the full potential of the platform. This use case outlines how a diagnostic tool can assess Avaloq knowledge levels within your bank. Solution: An Avaloq Knowledge…
The European Union’s DAC6 directive requires financial institutions to report specific cross-border arrangements to their national tax authorities. This can be a complex task, requiring careful identification of reportable arrangements, data collection, and accurate reporting. This blog post describes a successful collaboration between ABC, a leading Swiss Private Bank, and Avaloq, a wealth management software…
Non-Regression Testing in Private Banking: Beyond the Core Working in non-regression testing for a core banking system like Avaloq in private banking is no walk in the park. Sure, you need to understand the system’s intricacies, but the real challenge lies in the bigger picture. Here’s why: It’s not just Avaloq: A private banking transaction…