Avaloq vs CSI NuPoint
Avaloq
avaloq.com
CSI NuPoint
csiweb.comSide by side
| Figure | Avaloq | CSI NuPoint |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | Yes | Yes |
| Self-hosted | Yes | — |
| Plans published | 1 | 1 |
| Spec score · Core Banking Software | 8.2 (#3) | 8.1 (#4) |
| Founded | Avaloq says it was founded in 1985 as BZ Informatik, an IT subsidiary of BZ Bank. | 1965 |
| Headquarters | Avaloq Group Ltd. identifies itself as a Swiss company registered at Allmendstrasse 140, 8041 Zurich, Switzerland. | Paducah, Kentucky, United States |
| Integrations | The Avaloq ecosystem connects clients with over 200 fintechs and providers and offers more than 7,500 REST API endpoints. | CSI says NuPoint supports API integration and its open banking API catalog connects third-party technologies to the core system. |
| Intended customers | Avaloq describes its platform and services as serving banks and wealth managers. | CSI positions NuPoint for financial institutions, including community and regional banks. |
| Security and compliance | Avaloq says its database architecture centralizes data modifications through a single code base and that its cloud delivery is designed to comply with local regulations. | CSI describes its cloud core processing as focused on functionality, compliance and security, and says API integrations receive ongoing updates to use the most recent secure version. |
| Support | Avaloq advertises 24/7 support with continuous monitoring, fast issue resolution and dedicated global support through its managed services. | CSI says it provides support for API integrations and describes one-on-one work with client banks to fit solutions to their needs. |
| What it does | Avaloq provides wealth management technology and services for financial institutions, including private banks, wealth managers, investment managers, retail banks and neobanks. | CSI describes NuPoint as a cloud-based core banking solution for operations including loan servicing, withdrawals and deposits. |
Plans
In their own words
Avaloq
Avaloq provides banking and wealth management technology for financial institutions with complex operations. Its platform covers more than 100 financial products across front- and back-office processes, including client and investment management, trading, lending, payments, treasury, risk, compliance and data analytics. Digital channels deliver more than 100 banking features through web and mobile experiences, with biometric authentication by face or fingerprint. Trading capabilities cover order management through settlement for exchange-traded, OTC and crypto assets. Payment support includes major networks and schemes, ISO 20022, instant payments, standing orders, direct debits and card processing. Deployment choices include SaaS Go, software as a service, platform as a service and on-premises options. APIs, data streaming, standard interfaces and third-party components support integration. Avaloq describes an ecosystem of more than 200 fintechs and providers, with more than 7,500 REST API endpoints. Pricing is available on request. Founded in 1985, the company is headquartered in Zurich, Switzerland.
CSI NuPoint
CSI NuPoint is a cloud-based core banking platform for financial institutions, including community and regional banks. It supports operations such as deposits, withdrawals, loan servicing and transaction processing. Other listed functions include loan management, customer engagement, business intelligence and analytics, and fraud detection and risk management. CSI says NuPoint consolidates loans in one application and provides reporting tools to monitor and analyze performance.
Banks can customize fields, screens, workflows and user-level views. Its component-based architecture lets banks add applications as they become available. API integration connects the core with third-party providers, and CSI’s developer portal provides documentation, examples, workflows and sandbox access for integration work. Users can access the core on a tablet or mobile device, as well as through web and API platforms. Risk tools support monitoring suspicious activity and money laundering violations. Fraud controls include automated positive pay, configurable check number ranges and high-dollar limits, and alerts for suspected checks. CSI describes its approach as focused on functionality, compliance and security, and says it works one-on-one with client banks. Pricing requires contacting CSI.