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Avaloq: Goes live with first client in Taiwan | Fintech InShorts: Latest fintech news, analysis by experts

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Avaloq: Goes live with first client in Taiwan

By Laura M

April 20, 2022

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