Avaloq joins UK’s Fintech Alliance
- Digital Identity , Financial
- 25.10.2019 07:34 am
Global fintech leader Avaloq has become a member of the Fintech Alliance, the fast-growing London-based hub of UK and global technology firms, investors and financial services institutions. The membership reflects the strong growth of Avaloq’s UK presence and client base, and comes at a time when London has become one of the world’s leading fintech and investment centres. Through being a member, Avaloq expects to further increase its footprint in the UK as well as identify additional fintechs to co-innovate with.
The Fintech Alliance is the UK’s leading community hub open to any fintech and other stakeholder businesses looking to network, share news and generate new relationships and new business opportunities. For Avaloq, which puts co-innovation and partnerships at the heart of its business model, membership will help the firm connect with additional third-party fintechs and grow the avaloq.one platform, the firm’s recently-launched, unique platform that directly connects the world’s best fintechs with Avaloq’s global client base of banks and wealth managers.
Avaloq has seen its UK presence expand significantly over the past two years: it now employs 102 skilled individuals in its Edinburgh Research & Development centre and 49 in its London office. In January this year, the firm relocated to a new London office, double the size of its previous one, and has continued to invest in and grow its UK staff. Its first London Avaloq Community Conference, part of a series of global networking, product showcase and thought-leadership events, was held at the end of September and attracted over 100 participants.
Jonathan Davis, UK Managing Direc Avaloq, said: “The Fintech Alliance has become a major focal point for the very best in the fintech space and we are absolutely delighted to join and play a key role in the growth of the UK as a global technology powerhouse. Avaloq puts enormous significance on relationships and co-innovation, and we see our membership of the Fintech Alliance as a testament to our aspiration to develop new relationships and accelerate our fintech footprint in the UK and beyond.”