26 January 2021


Yara Ainsworth

Yara Ainsworth

Head of Marketing and Communications at Crypto Finance AG

About the author

The successful crypto trading launch with the Crypto Finance Group supports Avaloq in offering fully integrated crypto asset solutions to its banking clients. With this leadership in digital assets, the Crypto Finance Group and Avaloq are empowering financial institutions to offer a seamless digital banking experience to their clients.

Crypto Finance Group has successfully implemented its brokerage solution for crypto assets for some of Avaloq’s banking clients. Financial institutions and their clients can now easily initiate crypto asset trading, settlement, and storage with automated, real-time reconciliation directly from their core banking system.

With this leadership in digital assets for the finance sector, Crypto Finance and Avaloq are empowering financial institutions to offer a seamless digital experience for retail banking, wealth management, and more. Crypto Finance supports Avaloq with the implementation of fully integrated crypto asset solutions for its banking clients.

Jan Brzezek, CEO and founder of the Crypto Finance Group said, “We are excited to work with Avaloq and their banking clients in this partnership, bringing crypto assets to professional banking with simplicity, speed, and security.”

Integration into core banking systems: a signal of increasing maturity in the crypto asset markets

This new development marks an important milestone for crypto assets emerging across the financial markets. This evolution of crypto assets was led by bitcoin being considered a store of value by a growing cohort of professional investors – as seen in announcements by public companies and traditional asset managers investing in bitcoin in the last year. It continues with this partnership between Avaloq and Crypto Finance to integrate crypto assets into a core banking platform that is used by over 150 financial institutions across 30 countries.

This partnership with Avaloq builds on a strong year of growth for Crypto Finance across their operations in crypto asset management and brokerage, and with their storage infrastructure and tokenisation solutions for leading banks around the world.

About Avaloq

Founded in 1985, Swiss-based Avaloq is a global leader in digital banking solutions, core banking software and wealth management technology. The company provides powerful cloud computing solutions for banks and wealth managers through business process as a service (BPaaS) and software as a service (SaaS). Avaloq is the only independent banking software provider to develop and also operate its own software.

Avaloq’s established core banking system is complemented by three innovative platforms – Engage, Wealth, and Insight – providing end-to-end digital solutions at a level of simplicity that will pave the way for the democratisation of wealth management. To further spur innovation, clients are connected with selected fintechs through the Ecosystem, its open banking marketplace.

More than 150 banks and wealth managers with around CHF 4.5 trillion in assets managed worldwide trust Avaloq for its award-winning products and services. Avaloq is a subsidiary of NEC Corporation, a global leader in the integration of IT and network technologies. The company is headquartered in Zurich and employs more than 2,000 people around the world.

About the Crypto Finance Group

The Crypto Finance Group provides institutional and professional investors products and services with a level of quality, reliability, and security that is unique in the digital asset space today. The group provides asset management, with the first regulated asset manager for crypto asset funds authorised by FINMA; brokerage services for 24/7 crypto asset trading; and crypto asset storage infrastructure and tokenisation solutions. The brokerage is registered as a VQF member offering investors professional liquidity provision for the crypto asset markets via CAT, its algorithmic Crypto Asset Trader, as well as through REST and FIX APIs. Since its founding in 2017, the group has been recognised several times, including as a Crypto Valley Top 50 blockchain company, Top 100 Swiss Start-up, and 2019 Swiss FinTech Award winner.

Learn more about the Crypto Finance Group.

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