Avaloq vs SBS Core Banking Platform
Avaloq
avaloq.comSBS Core Banking Platform
sbs-software.comSide by side
| Figure | Avaloq | SBS Core Banking Platform |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | — |
| Android | Yes | — |
| API | Yes | Yes |
| Self-hosted | Yes | Yes |
| Plans published | 1 | 1 |
| Spec score · Core Banking Software | 8.2 (#3) | 7.5 (#10) |
| Deployment | Avaloq offers SaaS Go, software as a service, platform as a service and on-premises deployment options. | Deployment options include public cloud, private cloud, SaaS, hybrid, and on-premise. |
| Founded | Avaloq says it was founded in 1985 as BZ Informatik, an IT subsidiary of BZ Bank. | 1968 |
| Intended customers | Avaloq describes its platform and services as serving banks and wealth managers. | SBS says the platform serves retail, corporate, private, microfinance, investment, Islamic, mortgage, and savings institutions. |
| 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. | The platform page lists integrated fraud monitoring, AML, KYC, risk tools, payments interoperability, security standards, and local compliance. |
| Support | Avaloq advertises 24/7 support with continuous monitoring, fast issue resolution and dedicated global support through its managed services. | SBS describes 3,400 financial experts as available to support customers through transformation. |
Plans
SBS Core Banking Platform
- SBS Core Banking PlatformPriced on request
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.
SBS Core Banking Platform
SBS Core Banking Platform is a paid core banking system for institutions handling savings, deposits, lending, payments, servicing, compliance, and reporting. It manages onboarding, KYC, customer profiles, accounts, limits, signatures, and multi-currency operations. Lending workflows cover retail, corporate, microfinance, and mortgage products, including scoring, underwriting, and loan servicing. Real-time payments and card services include straight-through processing, API integrations, and lifecycle management. Banks can configure products, personalize offers, change pricing or conditions, and launch variants. SBS lists more than 250 modules and more than 250 REST APIs, plus pre-integrated partner solutions. Deployment can use public or private cloud, SaaS, hybrid, or on-premise environments. The platform includes fraud monitoring, AML, KYC, risk tools, security standards, payment interoperability, and local compliance capabilities. Banks can run new and legacy systems together while migrating incrementally. SBS says the platform serves institutions in more than 80 countries. Pricing is on request.