back Back

Bank Central Asia selects Avaloq to enhance wealth management services

By Leandra Monteiro

November 01, 2022

  • Avaloq
  • Avaloq Core
  • Back End System
Share

Avaloq, Bank Central Asia Bank Central Asia (BCA), one of Indonesia’s largest banks, plans to migrate its wealth management system to Avaloq Core, streamlining its back- and front-office functions.

Bank Central Asia is one of the key players in Indonesia’s banking sector, operating more than 1,000 branch offices throughout the country. The bank is scaling up its wealth management services by upgrading its wealth management system and improving client engagement. To realize this goal, BCA has entered into an agreement with Avaloq to enhance its back-office operations and front-office interface for investment services.

Bank Central Asia, Managing Director, Haryanto T. Budiman said, “We believe Avaloq is a leading company on the subject and, therefore, a suitable partner to help us achieve our long-term strategy to scale our wealth management services with a unified platform. We are focusing on banking technology development and look forward to continuing our digital journey with Avaloq.”

Gery Dachlan, Managing Director for South Asia & Australia at Avaloq, said, “We are delighted to welcome BCA to the Avaloq community. Our core banking software is designed to help banks and wealth managers digitalize and future-proof their business with a highly flexible platform. The Avaloq Core Platform will create a state-of-the-art user experience for BCA’s wealth management business by streamlining its back and front-office functions.”

Previous Article

November 01, 2022

Coremont hires Balaji Krishnamurthy as new CTO

Read More
Next Article

November 01, 2022

The Maries County Bank selects Jack Henry for a comprehensive technology platform

Read More










IBSi Daily News Analysis

cloud adoption, MENA, UAE

May 26, 2023

Avaloq

Cloud adoption to boost UAE economy to $181bn by 2033

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

May 26, 2023

CBA upgrades banking app to deliver superior customer experience

Read More

May 26, 2023

UniCredit expands payments partnership with Mastercard

Read More

May 26, 2023

BetaNXT launches Operations as a Service solution for WealthTech firms

Read More

Related Reports

Sales League Table Report 2022

£1,500.00 / year

Know More
Global Digital Banking Vendor & Landscape Report Q1 2023

£1,500.00 / year

Know More
Wealth Management & Private Banking Systems Report Q1 2023

£1,500.00 / year

Know More
Global Transaction Banking Vendors and Landscape Report Q1 2023

£1,500.00 / year

Know More
Treasury & Capital Markets Systems Report Q1 2023

£1,500.00 / year

Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2022