Avaloq Reviews

Updated 18 Jun 2020

To filter reviews, or .
3.5
68%
Recommend to a Friend
71%
Approve of CEO
Avaloq Group Chief Executive Officer Jürg Hunziker
Jürg Hunziker
30 Ratings
Pros
  • "Great workplace, work environment(in 14 reviews)

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

Cons
  • "Reliant on swiss headquarters results in slow progress(in 7 reviews)

  • "location of the company is not in the center of zurich(in 5 reviews)

More Pros and Cons
  1. "Experience so far has been remote."

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Software Engineer in Edinburgh, Scotland
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great team, great location and free cakes on a Friday.

    Cons

    Complex dev environment - too ofter I hear "it's the Avaloq Way", but why so complicated!

  2. "Ok company with too much politics"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Consultant in Zürich
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Free meals, nice co-workers, international customers, good introduction to banking technologies

    Cons

    No vision, old technology, no evolution of salary, political games

  3. "Working with Avaloq"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Consultant in Sydney
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Avaloq full-time for more than 5 years

    Pros

    Good company to start career

    Cons

    The Management does not appreciate much the hard work you have done.

  4. "Here there is a tremendous opportunity to grow if someone wants to!"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - IT Support in Zürich
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    - Very good work environment. - Friendly and helpful colleagues to work with. - There are many opportunities to grow.

    Cons

    Running policies and processes should be always modified in order to matches Avaloq growth

  5. "OK"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Software Engineer in Edinburgh, Scotland
    Recommends
    Neutral Outlook

    I worked at Avaloq full-time for more than a year

    Pros

    Smart colleagues, fun workplace, the Edinburgh office + people are amazing.

    Cons

    Constant stream of cultish corporate drivel coming from Swiss HQ. It's clear that they are only interested in profits, all of which accrue to private shareholders, a pittance of which is distributed to employees.

    Continue reading
  6. "Great company"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Business Analyst in Zürich
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Avaloq full-time for more than a year

    Pros

    there is enough space for self development

    Cons

    location of the company is not in the center of zurich

  7. "Great informal work environment"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Neutral Outlook

    I have been working at Avaloq full-time for more than 5 years

    Pros

    Extremely clever colleagues, great product, great culture

    Cons

    Proprietary technology leads to lock in

  8. "Good company"

    3.0
    Current Employee - Anonymous Employee 

    I have been working at Avaloq full-time

    Pros

    Good culture and upward growth

    Cons

    Reliant on swiss headquarters results in slow progress

  9. "Good"

    3.0
    Current Employee - Consultant 

    I have been working at Avaloq full-time

    Pros

    Normal company that does consulting

    Cons

    There seems to be an agile management structure at the moment, where organization changes regularly

  10. "Overall on the decline and losing its identity"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Project Manager in Zürich
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Great people, interesting work, excellent commitment & strong work ethic. Growing internationally, meaning many opportunities. Great learning opportunities for graduates and young professionals. Excellent exposure to banking and finance industry. Curiosity, competency and responsibility are valued. Competitive salaries. Good training and certification program. Central office locations.

    Cons

    Loss of culture, through purely financial and bottom line pressures. No desire by management to invest or improve. Manually intensive and repetitive work is tiresome and boring. Old technology stack inhibiting progress and improvements. No clear strategy to gain efficiency through intelligent investment. Financially driven to meet unrealistic objectives without any stakeholder buy-in. Teams are pushed to deliver more but not empowered to do so - translates to long hours and lots of human errors. High churn of staff and difficulty in recruiting high-calibre candidates. Internal mobility or international opportunities take too long. Too many reorganisations leaving instability and uncertainty. People are too busy to do their basic job and everything is continually late. Bonus system demotivates rather than incentivize due to lack of transparency. All processes and procedures are pinned to the knowledge and ability of a few key individuals. To many managers and not enough leaders.

    Continue reading
Found 104 reviews