Talent & Tech Asia Summit 2024
human resources online

Avaloq launches regional HQ and service facilities in Singapore

Avaloq has recently launched its new Asia Pacific regional headquarters in Singapore. According to the release, the new state-of-the-art premises in Bugis Junction Towers will be the first Avaloq office globally to combine Avaloq’s software and services expertise in one centralised hub.

Since establishing a base in Asia Pacific in 2007, Avaloq has grown into a substantial partner for many of the region’s leading banks, working with clients such as Bank of Asia, Maybank and China CITIC Bank.

The release said: “The pace of growth and the significant opportunities have fuelled the need for new facilities and an expansion of Avaloq’s local infrastructure. While Avaloq’s existing services premises in the Galaxis East Tower in Singapore will remain, the new offices in the Bugis Junction Towers will combine Avaloq’s traditional software expertise and sales business with its growing banking operations services.”

“This facility approach ensures business continuity and achieves uninterrupted service operations for Avaloq’s banking service customers,” it continued.

Meanwhile, Chris Beukers is the regional manager Asia Pacific, Avaloq, and leads the Singapore operation. Speaking to Human Resources, he said: “In Singapore (and in the rest of Asia), we’re very focused on driving future growth in the business. We want to be seen as the leading core banking solutions partner for financial institutions in the region and this new office is a tangible reflection of that goal."

The new premises feature over 100 highly digitised workplaces, multifunctional zones, collaboration areas and meeting rooms with capacity for future expansion.

All rooms are equipped with the latest communication and collaboration technologies such as video conferencing and phone booths as well as plenty of writable and dynamic walls, offering employees an attractive, bright and modern working environment.

Employees also have direct access to a rooftop terrace and a pantry, which can also be converted for townhalls and workshops. Significantly, the facility has been designed with exceptional levels of security in mind and adheres to Avaloq’s strict security and information management protocols.

Jürg Hunziker, Avaloq Group CEO, said: “With these new premises, Avaloq is making a clear statement about its ambitions in the Asia Pacific market. We want to be seen as the leading core banking solutions partner for financial institutions in the region and this new office is a tangible reflection of that goal. We are already very firmly established with a large and growing number of customers, and with this new facility we can leverage even more synergies from our comprehensive business model to drive success in this important growth market.”

Meanwhile, Pascal Föhn, chief operations officer, Avaloq Group, said: “A key element of our success is that we both challenge and support our employees. This also includes providing them with a working environment that inspires them, stimulates them to exchange ideas and encourages innovation.

The new Avaloq premises in Singapore are proof of our aspiration to be a ‘great place to work’ for our existing staff and potential high-qualified professionals for our future growth.

Photo / Provided

Follow us on Telegram and on Instagram @humanresourcesonline for all the latest HR and manpower news from around the region!

Free newsletter

Get the daily lowdown on Asia's top Human Resources stories.

We break down the big and messy topics of the day so you're updated on the most important developments in Asia's Human Resources development – for free.

subscribe now open in new window