Avaloq: Goes live with first client in Taiwan

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
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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