CTBC Bank in Taiwan has successfully completed the implementation of Avaloq’s core banking platform in Hong Kong and Singapore. This strategic move will enable the bank to enhance its digital banking services and streamline operations in these key markets.
Avaloq is a leading global provider of banking software and solutions. Its core banking platform is adopted by financial institutions around the world, enabling them to deliver modern, customer-centric banking services.
The platform will enable the bank to streamline its front and back-office processes, leading to improved efficiency and reduced costs. With enhanced digital banking capabilities, CTBC Bank will be able to offer its customers a wider range of services, such as mobile banking, online account opening, and real-time transaction monitoring. Avaloq core platform provides a robust and scalable infrastructure, enabling CTBC Bank to connect with its customers, business partners, and financial institutions worldwide. The platform ensures compliance with local regulatory requirements, enabling CTBC Bank to operate smoothly in new markets.
The implementation of Avaloq’s core banking platform in Hong Kong and Singapore is a significant milestone for CTBC Bank. By leveraging the power of the Avaloq platform, the bank can accelerate its digital transformation and deliver enhanced banking services to its customers in these key markets. This implementation serves as a testament to CTBC Bank’s commitment to innovation and its ability to adapt to changing banking landscapes.