- Avaloq is a Swiss company that develops and provides software for core banking
- Launched a sophisticated ESG investment solution for banks that allows them to build tailored, personalized ESG-compliant portfolios for clients
- The solution launched at a time of record growth and increasing demand from clients for ESG exposure
- It also ensures compliance, for companies operating in the European Union, with the upcoming amendment of MiFID II
- The market is forecast to grow further as regulators begin to focus on ESG and continue to promote key issues to the top of the corporate agenda
- In addition, the company announced its greenhouse gas emissions in 2019 fell by 9% compared to 2018