Avaloq Reviews | Glassdoor

Avaloq Reviews

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Found 88 reviews

4.0
StarStarStarStarStar
Rating TrendsRating Trends
81%
Recommend to a Friend
100%
Approve of CEO
Avaloq CEO Jürg Hunziker
Jürg Hunziker
14 Ratings
Pros
  • "Good training and work environment(in 8 reviews)

  • "The company tries hard to create a good work-life balance for its employees, despite the longer working hours(in 6 reviews)

Cons
  • "Management is too Swiss Centric(in 5 reviews)

  • "All the real decision making and strategy is done from Zurich headquarters(in 4 reviews)

More Pros and Cons
  1. "KAM"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Key Account Manager in Sydney
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Avaloq full-time for more than a year

    Pros

    Great environment, multinational, smart professional cohort.

    Cons

    Small cohort locally, lots of overseas interaction may necessitate time zone calls later in the day.

    Advice to Management

    Keep doing what you are doing.

    Avaloq2019-04-28
  2. "Very good Employer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    Current Employee - Anonymous Employee 

    I have been working at Avaloq full-time

    Pros

    Great Atmosphere Work life balance guaranteed

    Cons

    promotions are not too often

    Avaloq2019-03-25
  3. "Career development in a growing company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 

    I worked at Avaloq full-time

    Pros

    Interesting work and opportunities for growth

    Cons

    Work and life balance, proprietary tech

    Avaloq2019-03-13
  4. "Office is nice"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Approves of CEO

    I have been working at Avaloq full-time for more than 2 years

    Pros

    You should be always up for the challenge

    Cons

    Benefits are not that competitive

    Avaloq2019-02-27
  5. "Summer Trainee"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 

    I worked at Avaloq

    Pros

    Good training and work environment

    Cons

    lack of clear communication among the departments

    Avaloq2018-11-03
  6. Helpful (5)

    "Software engineer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Software Engineer in Zürich
    Doesn't Recommend

    I have been working at Avaloq full-time for more than 4 years

    Pros

    Package is really good Overtime payed or get as vacation Workload is not huge

    Cons

    No career prospect No education No grow strategy A lot of micromanagement Salaries not open No technical reviews and backwards evaluation Retro technologies Huge technological gap with state of the art Debatable architectural decisions Attitude of the people which are trying to bounce back all the problems they can

    Advice to Management

    Structure better responsibility Define yearly goals Define path of growth Make a product not a set of banks requirements

    Avaloq2018-11-05
  7. "Nice place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Recommends

    I worked at Avaloq full-time

    Pros

    Knows how to take care of their employees They always consider your suggestions even if you are still new in the company Has work-life balance

    Cons

    Cannot think of anything right now

    Avaloq2018-10-01
  8. "Very exciting projects on boarding new client"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Test Manager in Lugano
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Avaloq full-time

    Pros

    Learning new thing every time Direct contact with clients Experiencing new business processes

    Cons

    Tough projects Hard work Difficult balance work life

    Avaloq2018-09-23
  9. "Great organization to grow with"

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

    I have been working at Avaloq for more than 6 years

    Pros

    Culture of working above the line and forming collboration enables growth for everyone

    Cons

    On first few months you'll feel very overwhelmed by the technical retooling and size of the sysyem to learn; System is also not easy but is worth learning as it is very well designed

    Avaloq2018-09-16
  10. Helpful (4)

    "Great company, great culture, great people"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Project Manager in Zürich
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Avaloq full-time for more than a year

    Pros

    The culture is very relaxed - there is a hierarchy, but in practice its quite flat - managers are accessible and good ideas are valued no matter where they come from. Super casual dress code - e.g. during the summer heat wave, shorts at the office are/were common. Flex-time approach to working hours. Its clear the culture has been driven by developers, making it far more innovative than one would think for a core banking...

    Show More

    Cons

    Some people will say that Avaloq is too chaotic, but for me it is the perfect balance between having just enough bureaucracy to provide support and structure while leaving plenty of room for choice and innovation. I.e. they offer top down help without imposing any one-size-fits-all policies. The critics from insideparadeplatz are simply wrong...its a great company with a bright future.

    Advice to Management

    Please don't go the way of FIS! By this, I mean avoid imposing top-down, one-size fits all solutions. Trust that the federalist model will succeed here the way it has for Switzerland generally. Continue to offer support and guidance from the top without imposing policies.

    Avaloq2018-08-24
Found 88 reviews