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Avaloq vs Silverlake. Avaloq Alternative. Silverlake Alternative

Find the best core banking platform for your business.

Innovative products and services running off modern core banking platforms are transforming the banking industry. Functional web and mobile banking experiences offered by challenger banks are forcing established banks to review the legacy technology at their cores. 

White label core banking software are helping banks to radically modernize and benefit from lower costs, accelerated time-to-market, quick scaling, and personalized consumer propositions. Given these benefits, it’s not surprising that over 65% of banks are exploring cloud-based platforms. 

Avaloq

Avaloq’s core banking platform used by LGT, Deutsche Bank, and Barclays, among many others, offers optimized efficiency and future-proofed software. With more than 70 modules and digital solutions, the highly modular platform can be seamlessly integrated and scaled to best match the needs of a client.

Avaloq’s system delivers out-of-the-box efficiency with the flexibility to run ‘as is’. The company’s tried and tested process gets many banks and wealth managers up and running in just 90 days. The platform excels at reducing redundancies and streamlining back-office operations, so staff can focus on high-value tasks while clients receive superior digital service.   

Silverlake

The SilverLake System by Jack Henry Banking is a core banking solution that provides end-to-end functionality for clients in commercial banking and financial services industries. The platform offers a highly-customizable and enterprise-wide automation to enable banks to grow efficiently.

Over 20 percent of US mid-tier banks trust and rely on the SilverLake platform to attract, serve, and retain their customers. With 140 complementary products and services, the platform helps to optimize operating flexibility and maximize return on investment thanks to its open architecture and easy scalability. 

AvaloqSilverlake
Founded19851976
Number of clients150425
HeadquartersZurich, SwitzerlandMonett, United States
Customer profileWealth managers, retail banksCommercial banks of any size
Number of end-customersUnknown – $4.5 trillion in assets
Number of employees2,00076 Silverlake, 6500 Jack Henry & Associates
Number of offices2433+
SolutionsAvaloq Core
Avaloq Wealth
Avaloq Engage
Avaloq Insight
Jack Henry Banking
Symitar
ProfitStars

Core Banking Software alternatives

SDK.finance

SDK.finance is the core payment software provider with a strong API layer for banks and FinTechs. Founded in 2013 and based in Vilnius, Lithuania, they offer a highly secure and mobile-ready solution to delight banking customers and take the lead in the open banking world.

The Platform consists of 5 main components: a back-end wrapped in 400+ API endpoints, 3 front-end frameworks, and web for system management with capabilities in iOS and Android for our clients.

SDK.finance offers Digital Retail Bank software in whitelabel. 

Click here to learn more about the SDK.finance core banking platform, its features & functionality, use cases, integrations, and API, security, and used technologies.