Safer than the postal service

DSwiss integrates eSafe for financial documents in Avaloq's banking solution

Effective immediately, the two IT companies DSwiss and Avaloq will cooperate closely within the framework of "Avaloq Software Exchange". DSwiss now provides a digital deposit box, and multiply-encrypted eDelivery service for sensitive bank documents as an extension to Avaloq Front, a feature of the complete banking solution Avaloq Banking Suite.

The cooperation between the two IT companies DSwiss and Avaloq is a further step in the digitization of the financial sector. Thanks to Avaloq Software Exchange, the Zurich-based fintech company DSwiss has access to the entire Avaloq Community – a network of 450 banks and asset managers, who use Avaloq solutions to manage a total of 3.9 trillion francs in assets.

The two companies plan to integrate and certify the following three services from DSwiss into the Avaloq Front:

1. A digital safety deposit box for the secure storage of personal documents and passwords.
2. An eDelivery function to send multiply encrypted bank documents paperlessly.
3. An online platform for the secure exchange of documents between advisors and clients.

DSwiss meets the highest cloud solution security standards and also has a very prestigious portfolio of customers in the banking sector. Tobias Christen, CEO of DSwiss, is looking forward to the joint venture with Avaloq: "We are pleased to partner with one of the world's leading technology companies in the financial sector. The fast pace of change in the technological sphere makes it necessary to improve continually and simplify usability for our complete IT solution while maintaining the highest standards in both functionality and security. These requirements can only be met if experts from different areas of business come together."

Thomas Beck, Group CTO of Avaloq, says: "With the functionality of the DSwiss solution we're adding an eSafe solution to our offerings. The financial institutions and their customers in our community will benefit from this functionality thanks to increased security and ease of use."