Arab Bank Switzerland Expands Digital Banking with Avaloq and Aladdin Wealth

2026-03-18 - 08:10

Avaloq is expanding its partnership with Swiss private bank Arab Bank Switzerland to include mobile banking and relationship management capabilities. Under the renewed agreement, Arab Bank Switzerland will also become the first Swiss bank to adopt the joint technology solution from Avaloq and Aladdin Wealth. The two firms have worked together since 2017, with Avaloq providing a software-as-a-service (SaaS) model for core banking combined with banking operations outsourcing (BPaaS). This foundation has supported the bank’s growth, with assets under management for the Arab Bank Switzerland Group, including Gonet, reaching close to CHF 20 billion at the end of 2025. The updated partnership will see Arab Bank Switzerland extend the Avaloq platform to mobile banking, providing clients with secure interfaces and the ability to execute trades from smartphones. The bank will also implement Avaloq’s RM Workplace solution to support relationship managers in the front office, improving efficiency in client interactions. Through Avaloq’s collaboration with BlackRock, Arab Bank Switzerland will deploy the joint Avaloq and Aladdin Wealth solution, offering wealth managers an integrated platform for portfolio construction and risk management. The system aims to provide a unified approach across public and private markets, supporting advisory functions and operational efficiency. Martin Greweldinger, Group CEO at Avaloq, said: Martin Greweldinger “With this latest milestone in our partnership, Avaloq will support the bank’s operations across the front, middle and back office, enabling its continued strong growth and keeping its systems at the forefront of technology.” Yves Spörri, CEO of Arab Bank Switzerland, said: “We are committed to offering our clients the best wealth management experience, and we are glad we can rely on both Avaloq’s and Aladdin Wealth’s best-in-class software, integration capabilities and managed services to achieve this.” Zachary Lerner, Head of Aladdin Wealth Tech EMEA at BlackRock, added: Zachary Lerner “By integrating Aladdin Wealth technology alongside Avaloq’s digital platform, we’re equipping Arab Bank Switzerland with a unified solution that elevates advisory capabilities and accelerates digital innovation across their operations.” Featured image credit: Edited by Fintech News Switzerland, based on image by freepik