Avaloq Reviews | Glassdoor

Avaloq Reviews

Updated September 21, 2017
55 reviews

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3.4
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
Avaloq Group CEO Francisco Fernandez
Francisco Fernandez
29 Ratings

55 Employee Reviews

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Pros
  • Relaxed office, nice people, challenging work, good work/life balance (in 4 reviews)

  • Good Salary in Ticino, good career opportunities if you're available to give up your real life (in 4 reviews)

Cons
  • The other side of the coin ;-) the core part is PL/SQL, who would do DSL:s and OO in PL/SQ:L today and why (in 4 reviews)

  • It has unrealistic expectations of its client-side employees (in 2 reviews)

More Pros and Cons

  1. "Associate Software Engineer"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Avaloq full-time

    Pros

    Good working environment. A lot of new knowledge was learned.

    Cons

    Salary is not enough with the amount of work.


  2. "Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in Lugano (Switzerland)
    Current Employee - Associate in Lugano (Switzerland)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Avaloq full-time

    Pros

    great people, nice culture, competitive compensation

    Cons

    few career opportunities, slow growth

  3. "One of the best companies I have worked for"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Engineer in Edinburgh, Scotland (UK)
    Current Employee - Software Engineer in Edinburgh, Scotland (UK)
    Recommends
    Positive Outlook

    Pros

    I have worked for Avaloq for two years now. The office space is of a high quality. My colleagues are friendly, intelligent and helpful. There is a real team spirit.

    Unlike most companies, this company takes education and training seriously. You get an "allowance" for training. There is also reading circles and once a week there is a tech talk.

    The pay is the upper end of the marker, with an annual bonus. In addition there are plenty of social events.

    I would recommend anybody to apply to work for this company.

    Cons

    The subject matter (banking) is not one of the most thrilling But if you can look over that fact the work is interesting and challenging.


  4. "Heterogeneous views"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Avaloq full-time

    Pros

    Ambitious, technology driven and very clear vision about the future of the company and/or the FinTech sector.

    Cons

    Since employees are usually working in one specific team it is very difficult to have a view of the whole company employee satisfaction. The resulting heterogeneous view makes it really difficult to rate this company globally (in a sense of a common view of all employees).

    Advice to Management

    - Open communication
    - Focus on University/ETH graduates high performers AND offer above average conditions to attract and keep smart people.


  5. Helpful (1)

    "Wasted potential, outdated management mentality"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Engineer in Zürich (Switzerland)
    Current Employee - Software Engineer in Zürich (Switzerland)
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    I have been working at Avaloq full-time (More than a year)

    Pros

    International environment, friendly coworkers, flexible time.

    Cons

    Management ("avaloq-scrum"), no clear product vision, very fragmented, no path to grow inside the company or as a professional, no benefits, ridiculous bonus at random times of the year.

    Advice to Management

    Care more about the employees (benefits, career, education) and the best practices ('we are agile').


  6. "Avaloq review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sharepoint Team Member in Wetzikon, Zürich (Switzerland)
    Former Employee - Sharepoint Team Member in Wetzikon, Zürich (Switzerland)
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Really good work place
    Nice work environment
    Friendly employees

    Cons

    Nothing particularly bad good conditions


  7. "Good working place"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Solution Architect in Bioggio (Switzerland)
    Current Employee - Senior Solution Architect in Bioggio (Switzerland)
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    International team, present in many countries with rotation opportunities, good salary.

    Cons

    Very challenging and demanding. Always under time pressure for deliverables.

    Advice to Management

    Management is hard to please but they do their best to support you in many ways (e.g. education, job rotation, etc.)

  8. "Exciting Fintech"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Avaloq full-time

    Pros

    An unusual company that builds great banking software and provides administration services for billions of dollars of assets on behalf of its clients.

    Cons

    Traditionally HQ centric but now building out rapidly in Europe and Asiapac. Expects a lot from its staff


  9. "Good enough"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Software Engineer in Manila, Manila (Philippines)
    Former Employee - Software Engineer in Manila, Manila (Philippines)
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Avaloq full-time (Less than a year)

    Pros

    -ACP Training (you'll get certified when you pass)
    -Office is nice-looking
    -Free snacks
    -People are smart
    -Learn banking

    Cons

    -Salary offer is based on your previous salary, which is soooo wrong and unfair. They need to start compensating people based on the budget allocated for the job, not on their previous salary which is completely irrelevant in the name of logic.
    -There is a training bond worth 200,000+ Philippine Peso effective for 2 years for the ACP training.
    -Some tasks are mind-numbing, not too technical,innovation is encouraged but not practiced(yet).
    -

    Advice to Management

    Please be more creative in keeping the employees engaged and satisfied. Happy employees == great output == awesome business == less atrition rate.


  10. "Great people, lazy company."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook

    I worked at Avaloq full-time

    Pros

    People are very smart, hard workers.

    Cons

    Avaloq is only focused on Zurich. It has unrealistic expectations of its client-side employees.

    Advice to Management

    Fire the CEO.


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