100+
Avaloq course days
4
COnsultants
10
Partner Banks
20+
Years of experience
Get to know the Team
Our Services
Avaloq Consulting
Our core focus is on the implementation and customization of the Avaloq Banking Suite. Take advantage of our 5 step consulting process and let us adapt to your specific needs.
Cryptocurrencies
Avensic enables you to provide your clients with access to the cryptocurrency asset class. We set up trading and settlement interfaces to your broker and ensure smooth processing.
Avaloq Front Portal
The migration to AFP requires know-how in web technologies as well as in the Avaloq software. We support our clients in the implementation of AFP.
Instant Payments
Instant Payments need to be confirmed by receiving banks with seconds. This presents significant technical challenges. Avensic evaluates your current payment mechanisms and implements the desired functionality.
Avaloq CAPI
The Avaloq Community APIs can be a very cost-effective and efficient option for the communication between your external applications and Avaloq core. Avensic offers help for everything CAPI related.
Data Wiping
Avaloq offers a flexible but complex module for the automated deletion of identifying data of inactive customers. Thanks to the experience of our Avaloq experts, we can offer you a fully comprehensive solution that covers all aspects of data protection compliance.
Negative Interest
With balance fees, we offer the customer the opportunity to increase their exemption limit on investments in assets and thus pay no or little negative interest. We specify the desired configuration and assume the end-to-end implementation.
AMLA 21
The Anti-Money Laundering Act of 2021 demands comprehensive KYC verification at the start of a business relationship (as well as periodically) with a customer. We support you in this process with analysis, implementation and hand-over of various aspects.
Sanctioned Assets
Avensic helps you deal with sanctioned assets' transactions quickly and effectively.
How we work
Every project presents us with new, but also already known challenges. Our mission is to approach each project with a holistic mindset. From project requirements and business analysis to implementation and maintenance, we help our customers successfully execute projects from start to finish. The knowledge transfer between us and the customer is essential. Our partnerships consist of openness and transparency.
We apply our long-standing Avaloq know-how in all phases of a project. This helps us to take on different roles within a project simultaneously and deliver optimal solutions for our customers. We strive for long-term partnerships with our customers in order to generate sustainable added value for you.
Our Process
1. Consulting
Our experts analyse and determine the requirements to implement unique custom solutions integrated into the Avaloq system.
​
2. Customisation
The implementation focusses on the client's specific needs.
​
3. System integration
Custom solutions but close to standard to ensure integration.
​
4. Know-How Transfer
We work directly with your technical employees on projects and coach them in technical aspects of the implementation and customization of Avaloq.
​
5. Support
Post implementation support always exists when Avensic experts are involved in the customisation of your banking needs.
Projects
Avaloq Pilot project
As part of an Avaloq pilot implementation project in Austria, we were called in as experts for the migration of money market and FX transactions, as well as for the connection of a legal reporting solution, which required the implementation of the Avaloq Legal Reporting Standard Adapter.
Through a GAP analysis with business experts from the bank, Avaloq developers and experts from the legal reporting system, the requirements were created and corresponding solution concepts for adaptations and extensions to the adapter were developed.
An intensive test phase was necessary to bring the project to product maturity. The exchange of know-how and thus the development of banking expertise on our side and technical understanding on the customer's side were essential for the success of the project.
Project duration
10 Months
Team Size
12 Members
Technologies
Avaloq Script
Report Writer
Standard Adapters
Integration Custodian Bank
For the connection of a leading roboadvisor in Switzerland to the custodian bank, we were used as experts for the MQ interface and the automation in Avaloq.
​
From customer opening, deposits and withdrawals to balancing, the project included the complete integration of the custodian bank. Thanks to the comprehensive automation, the exchange of information between the roboadvisor and the custodian bank no longer requires a manual process, which significantly improves the user experience.
​
In addition to the implementation of the MQ and the automation on the bank side, we also took over large parts of the solution design and the communication with the provider.
Project duration
8 Months
Team Size
6 Members
Technologies
Message Queue
Avaloq Script
CLM
Balance Fees
The SNB's negative interest rates are causing more and more banks major problems and so they have to pass some of these on to customers. Since a pure account analysis with negative interest rates was not flexible and comprehensive enough, we were entrusted with the development of a new fee.
​
The goal was to take the customer's entire portfolio into consideration. In doing so, certain assets lead to an increase in the asset charge and some to an increase in the allowance. With the credit balance fee, a far more flexible solution for passing on the negative interest to wealthy customers was created.
​
Avensic AG took over the entire project here, from solution proposal and development to documentation and acceptance.
Project duration
6Months
Team Size
2 Members
Technologies
Cost Pillars
Avaloq Script
Rule Engine
CRM System Integration and Kafka Setup
In the context of connecting a new CRM system to Avaloq, our customer decided to build a Kafka streaming platform based on the Openshift Container Platform.
​
As experts in Avaloq and systems integration, we were responsible for building this real-time interface, which is used for the rapid transfer of relevant data between the CRM system and Avaloq. This includes data of almost all Avaloq metatypes, including both object data and transactional data.
​
In order to identify relevant data changes, export them in real time and store them in the corresponding Kafka Topics, extensive adaptations in Avaloq were necessary.
​
In addition, we supported our customer significantly in setting up the required Kafka and Openshift components.
Project duration
18 Months
Team Size
14 Members
Technologies
AMI
Doc Logger
Kafka
Docker, Openshift
