Process and Product Enhancement

Avaloq implementations aren’t static. One of Avaloq Banking System’s most significant strengths is its ability to evolve and cope with change, including:

  • New business activities
  • New branches or subsidiaries
  • New business units
  • New products or services
  • Enhanced business processes
  • Mergers, acquisitions and subsequent integration
  • Regulatory and compliance changes
  • Advanced compliance mandates
  • Ever-tighter risk monitoring
  • Straight Through Process (STP) integration
  • Adherence to international reporting requirements
  • Infrastructure consolidation
  • Efficiency initiatives
  • Changing group reporting requirements
  • Interfacing new satellite systems.

Such changes also mean change for existing Avaloq Banking System set-ups. But change doesn’t need to be lengthy or complicated. Orbium has the Avaloq know-how and industry experience to support its clients through the preparation for, and implementation of, any change, thus minimising time and maximising efficiency. We’ll cover both the business and technical aspects - so our clients can concentrate on getting the most from their organisation.

Once Avaloq Banking System has been implemented, the next step is to maximise business processes in order to further take advantage of the powerful capabilities of Avaloq. We often find clients are eager to review certain aspects of their business to increase efficiency and productivity once the post-implementation stabilisation period is complete.

Our consultants have the business and Avaloq experience to help our clients succeed in these value added business process reviews. As they are constantly working on projects at the leading edge of the Avaloq Banking System functionality, they are quick to learn of industry-led changes and their implications for the Avaloq community. We are uniquely positioned to combine practical Avaloq and business analysis and can ensure that business process reviews are successful and bring measurable productivity enhancements.

The Orbium project methodology can be applied to an initial implementation of Avaloq Banking System or to a change in a client’s existing Avaloq system. Scaled up or down accordingly, the same principles are applied to ensure a quality delivery that meets or surpasses expectations.