Avaloq is a Swiss company specializing in core banking and wealth management software solutions. They offer a comprehensive platform for financial institutions, including private banks, wealth managers, and retail banks, providing services such as cloud-based software as a service (SaaS) and business process as a service (BPaaS) [1][3]. Their target audience includes global financial institutions seeking efficient transaction processing and digital transformation [3]. Avaloq's unique selling proposition is its ability to develop and operate its own software, leveraging NEC's R&D resources to innovate in AI, blockchain, and cybersecurity [3].