Avaloq: Goes live with first client in Taiwan
- Avaloq has successfully implemented its core banking system at Cathay United Bank to support the bank’s continued growth
- The platform will cater to the increasing demand for private banking services by onshore Taiwanese
- This go-live marks a key milestone and the bank following a relaxation of Taiwan’s wealth management regulations
- The new rules aim to increase the competitiveness and scale of Taiwan’s private banking industry
- Core Platform enables banks and wealth managers to streamline their back and middle office
- Core banking system will support our continued growth by efficiently processing sophisticated financial products
