Financial Instruments

The object Asset has always been the heart of each Avaloq System. Since the Release 2.7 a proper and efficient modeling of the Financial Instruments has become even more important by having increased the leverage possibilities for related modules like Portfolio Management and Liquidity Management. Our in-depth knowledge of the Financial Instrument universe as well as our perfect understanding of the Avaloq Asset architecture makes us to a leading partner in this field. For Banks as well as for Interface providers.

Risk Management

Having the Risk factors, like Deposit Rates, Swap Rates, Zero Rates, FX, FX-Volatilities, Equity-Volatilities, Credit Spreads,…correctly and leveragable modelled is crucial to make use of the full potential of the Avaloq Banking System. We have a very strong theoretical and academic background in financial risk as well as a perfect understanding of the interaction between the Object Asset and the Object Market Data Object. This combined knowledge makes us to a leader in Pricing Financial Products, Splitting (see-through) Financial Products, Risk-based Margining and Collateral Management solutions inside the Avaloq Banking System.

Interest Engine

With the Release 2.6, Avaloq has introduced a new Engine for managing and modeling all kind of Interest Bearing Assets. This new and very powerful engine allows a huge range of flexibility and adaptability. Since inception of this new Engine we are constantly working with it. Next to an in-depth understanding of the architecture of the Interest Engine we have a proven knowledge of the Interest Business; from a practical and from an academic point of view. We support you powerful in the Implementation of all kind of Interest Bearing Asset: Interest Rate Swaps, Money Market, Money Account, Caps Floor Collars, Loans, Structured Products, Credit Default Swaps.

Migration

Migration not only requires excellent technical understanding of the Avaloq architecture but also a real understanding of the banking needs and processes. Thanks to our experience in data migration and our PL/SQL expertise, we are able to assist banks in the whole migration process.

Testing

With each release arises the need for thorough testing. This could be either done manually by end-users or automatically through test scripts. The latter option is obviously preferable when possible but requires a lot of effort in order to have a stable testing framework. Our experience in test case automation using PL/SQL scripts and testing software such as HP QuickTest Professional in large private banks is an unvaluable asset that we are offering to share with you.