User:Chezwicker/Avaloq Group

Avaloq Group AG
Company type	Public
Industry	Banking Software ; Computer software
Founded	Freienbach, Switzerland
Products	Avaloq Banking Suite
Website	www.avaloq.com

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Avaloq Group

Avaloq Group AG is a privately held company specializing in Banking_software and services, with its headquarters in Freienbach, Switzerland. The group was established in 2001 as the result of a management buyout of BZ Informatik, BZ Bank's IT department.

History

1985	Originally founded as BZ Informatik as part of BZ Bank
1991	Partial Management buyout, 30% of the equity capital acquired by the company's management
2001	Completed Management buyout, rebranding to Avaloq
2007	Offices opened in Luxembourg and Singapore
2009	Offices opened in Frankfurt and Vienna
2010	Offices opened in London and Hong Kong
2011	Majority stake in Swiss Business Process Outsourcing centre (B-Source) acquired R&D centre opened in Edinburgh Office opened in Paris
2012	Set up of a Business Process Outsourcing in Germany (Avaloq Sourcing (Deutschland) AG)
2013	Office opened in Sydney
2014	Set up of a Business Process Outsourcing in Singapore (Avaloq Sourcing Asia Pacific (Singapore) Pte. Ltd.)

References

External links

www.avaloq.com