Avaloq Expert
for core banking delivery, matched in minutes with vetted and available specialistsHire experts who configure Avaloq Banking Suite, integrate securities and payments workflows, and support regulatory change across financial institutions. FRATCH connects you with precise matches from vetted, available freelance professionals.
Meet FRATCH Experts who have recently used Avaloq
Natascha K.
Last position:
Business Analyst DORA and System Architecture at PSVaG
- DORA consulting and system optimization
- Process analysis of existing business processes that are complex from both a business and technical point of view
- Analysis of the individual business processes in the relevant business areas Trading, Back Office, Settlement, Custodian Bank
- Interface between the business units and IT to understand and define requirements
- Creation of a business concept incl. adjustments and implementation of software applications and their interfaces to the systems
- Preparation of a decision template for the management board for project approval
- Setting up and running project meetings with the relevant stakeholders and documenting them
- Close collaboration with the stakeholders
- Coordination and control of the analysis
- Creation and planning of resources and budget
- Onboarding of large banks (Asia and Eastern Europe) for Depot B
- Migration of portfolio holdings (volume around EUR 70-100 million)
Guido B.
Last position:
Independent Management Consultant and Interim Manager at BCTC Unternehmensberatung Guido Bäcker
Consulting, training, and coaching in the financial sector on strategy, organization, and IT topics
MorgenFund: Advising the operator of a fund platform on software selection for a sub-ledger "Cash Accounts" based on Virtual IBANs (VIBAN)
Structuring requirements, market screening, creating RfIs, communicating with vendors, and conducting the selection process
UniCredit/HypoVereinsbank: Workstream lead "Booking and Customer Reporting" in the payment transformation project "PULS"
Business analysis, creating business requirements and aligning solution items as part of the functional specification with the bank's IT service providers
Business analysis of SEPA CT and SWIFT MX (.camt, .pain, and .pacs formats), change management, team lead for a virtual team of fifteen line experts, and stakeholder management
equensWorldline Germany: Program management for three projects of the SWIFT service bureau (CBPR+, ESMIG, and Euro1Step1 migration) as part of the SWIFT MX migration
Managing individual project managers regarding overarching goals and requirements; reporting to internal and external committees and stakeholders; coordinating with dependent projects and programs
Project management/PMO: interim project management, stand-in for project managers, resource planning, budget and cost management, general PMO tasks
Jan P.
Last position:
Operational Readiness / Migration Lead at Worldline
Migration of SEPA direct debits, credit transfers & card clearing to Worldline's internal platform as part of the outsourcing contract
Definition of the MIGR strategy
Mobilization of the community (300+ experts at client & Worldline)
Creation of the MIGR runbook (100+ workshops)
Close collaboration with upstream project streams: BUILD & TEST, as well as with the operating units
Set up of the governance framework, capacity management & reporting
100% of SEPA DD, CT & CC transaction traffic migrated (7 months)
~80 migrations carried out with a success rate of 70% ("first-time right")
Set up technical & manual production monitoring
Established a "fast-track" incident management process in the MIGR & hypercare phases
Set up 20+ exception handling processes
Conducted trainings
Implemented SLAs & billing
Dalia C.
Last position:
Oracle Developer at Freelance
- Design and implementation of an OCI-based DWH and ETL system to replace legacy mainframe applications
- Development of a database optimization strategy and planning the rapid conversion of JCL and COBOL routines to PL/SQL with the help of AI
- Development of an Oracle Apex-based app for internal administrative processes in the public sector (office equipment, employee training)
- Implementation of PL/SQL workflows for approval processes and creation of a responsive mobile version with JavaScript and CSS
- Use of Azure DevOps for backlog and documentation, as well as Git for version control
- Development of REST interfaces for CRM systems
- Replacement and reprogramming of Oracle Forms screens with Oracle Apex and upgrading to the latest Apex versions
- Design of a Git branching strategy and conducting code reviews
- Maintenance and further development of an EDI-based data exchange system based on Oracle Advanced Queuing for the public sector in Austria
- Data analysis and creation of charts in the Oracle Apex frontend; installation of standalone ORDS and Apex 23.1
- Agile working according to the Spotify Model; development of complex Apex screens with the support of Oracle JET
- New development and customization of existing PL/SQL packages, workarounds for database version differences and query optimization
- Development of Apex applications for broker pools to manage and optimize Oracle databases in the banking sector, including SSO-based authorization systems with OAuth2 and Keycloak
- Development of extensive Oracle Apex applications for BI and data mining modernization projects, as well as development of manual and automated projection methods in the frontend
- Implementation of data warehousing projects in the banking sector and use of Scrum and Kanban in team-oriented projects
Dieter D.
Last position:
Senior IT Service Management / ITIL Consultant, Management Coach, Scrum Master at Swiss Cantonal Bank
Project: Roadmap for implementing ITIL processes in IT Operations in line with the requirements for Operational Excellence according to CMMI 4 and the current life cycle management under the framework conditions of GRC, SCRUM and DevOps.
- Consulting, coordination and execution of workshops, analyses and gap assessments.
- Determining the current state regarding the implementation of IT processes, interfaces, tools used and KPIs, with a graphical presentation of the maturity level.
- Defining the target state for IT processes, interfaces, tools used and KPIs.
- Designing a recommendation for action and a roadmap for IT Operations Management in a highly critical and highly available IT infrastructure environment.
- Supporting the introduction of the central service management tool Jira Service Desk.
- Coordination and alignment with business departments / stakeholders / architecture (Avaloq, SAP, etc.) / Security / IAM, BCM, etc.
- Consulting on the implementation of IT operations processes, including Incident, Problem, Change / Release, Request and Service Management (including Service Desk).
Thorsten O.
Last position:
Workstream Lead (WS) at Bank-Verlag GmbH
- Introduction of giro card with Visa Debit card payment function (Combocard) for Commerzbank
- Support for the Card Processing Team (card processing; Clearing & Settlement incl. Dispute Management teams) in project work
- Creation of requirements for the Clearing & Settlement team, Authorization team (AZ) and Card Production team (KP) as part of a requirements catalog
- Requirements engineering (requirements management) with business contact person
- Participation in workstream meetings between VISA Inc., SRC Security Research & Consulting GmbH, Commerzbank AG and consulting firms (PwC and Senacor Technologies AG)
- Sprint planning with Jira tickets of type Task and use of Confluence
- Creation and presentation of weekly status reports for the Clearing & Settlement, Dispute Management and Reporting & GUI workstreams
- Coordination with network and file transfer teams for connection tests of new interfaces, e.g. setup of host keys, use of VPN or sipnet connections
- Coordination of the delivery of test files, e.g. exchange rates (FX rates; TC 56 of VISA rates), VISA Debit and Credit transactions (format Base II) and EANSS/ISS Base II clearing files to the Debit Clearing System (DCS)
- Conducting coordination meetings on the use of Visanet Settlement Service (VSS) and PSD2 reports and payment traffic statistics (ZVS)
- Organizing workshops with FiServ (First Data) on Dispute Management and complaint handling
- Setup and maintenance of Open Point List (OPL) in Confluence
- Technologies/methods: Jira, Confluence, giro card, VISA Debit card, payments, Kanban board, BIN, routing, CIQ, VPAY, ScalaTest, Dispute Management
Norbert E.
Last position:
Auditor at Direktbank
- Auditing processes and controls related to FATCA Germany.
- Checking proper release management for FATCA reporting software.
- Identifying areas for action.
Rudolf K.
Last position:
Business Analyst at Kreis Consulting
- Revision of the fee model (concept and testing) in the new XTP software
- Analysis and quality assurance of existing reports for the business department
- Upload, download and analysis of data records for EMIR (ETD, OTC), MiFIR, SFTR and MMSR using deltaconX and Abacus TR
- Documentation of daily reports
- Configuration of a new software application for daily reporting
- Analysis of new instruments on the capital market
- Analysis for the implementation of market data for gold and silver for pricing coins in the online shop
- Adjustment of the existing pairing and matching conditions for EMIR
- Coordination with counterparties regarding pairing and matching differences
Sascha E.
Last position:
Lead Business Analyst and Project Manager (Consultant) at Flossbach von Storch
- Leading the end-to-end operating model implementation for cleared credit default swaps trading
- Appointed to lead the Credit Default Swap project in the capacity of a project manager, transformation consultant, and business analyst
- Acting as the primary point of contact for portfolio management, trading desk, middle office, fund admin, clearing broker, external collateral manager, central counterparties and derivative exchanges
- Identified requirements and addressed key operating model gaps and implemented corresponding target operating models and IT enhancements including Aladdin configurations as well as contract enhancements and regulatory reporting
- Delivered a scalable and fully compliant front-to-back operating model for cleared CDS trading
- Enhanced cross-departmental coordination and transparency, reducing manual interventions and operational risk
- Achieved measurable efficiency gains in trade matching, clearing, and collateral management workflows
Sook-Yen W.
Last position:
Consultant and Coach for Career Guidance at Freelancer
- Defining values, talents, passions, and life goals
- Implementing concrete action steps for the professional context
Discover over 15,000 top freelancers
Statistics of experts using Avaloq
Aggregated from the professional profiles of matched freelancers.
Experience
28 years
Position duration
2.6 years
Positions per freelancer
14
Top business areas
Information Technology, Project Management, Business Intelligence
Top industries
Banking and Finance, Information Technology, Professional Services
Certification focus areas
Project Management, Information Technology, Quality Assurance
Bachelor's degree or higher
78%
Master's degree or higher
33%
Doctorate
11%
Certifications per freelancer
3
Most common languages
German, English, French
Speak two or more languages
100%
Based on our profile pool as of 16 Oct 2026.
Daily rate distribution
The chart shows how the daily rates of experts in this technology are distributed, based on recent contracts on our platform. Each bar covers a rate range — its height shows the share of experts charging within that range.
Average rates of experts using Avaloq
Rates are based on recent contracts and do not include FRATCH margin.
The average daily rate is the mean of all daily rates from recent contracts of comparable freelancers on our platform.
The median daily rate is the middle value of all daily rates — half of comparable freelancers charge less, half charge more. Unlike the average, it is barely affected by outliers.
Calculated based on our freelancers’ daily rates as of 16 Oct 2026. Actual rates may vary depending on seniority level, experience, skill specialization, project complexity, and engagement length.
Avaloq experts industry focus
See which industries our matched freelancers work in most often — every figure is calculated live from the freelancers on FRATCH.
- Banking and Finance (100%)
- Information Technology (80%)
- Professional Services (50%)
- Education (40%)
- Insurance (20%)
- Retail (20%)
- Utilities (20%)
- Automotive (10%)
Please note that freelancers can work across multiple industries, so percentages overlap.
About the technology
Core banking platform
Avaloq is a banking software suite for financial institutions, wealth managers and private banks. Its core capabilities cover customer accounts, payments, securities, lending, reporting and operational workflows. Companies use it to run central banking processes while adapting products, controls and user journeys to their business model.
Banking use cases
Avaloq projects often support complex financial operations across several business lines:
- Core banking and account servicing
- Wealth management and portfolio administration
- Securities trading, custody and settlement
- Payments, fees, tax and regulatory reporting
- Product configuration and client onboarding
The platform is suited to institutions that need controlled processes, auditability and consistent data across channels.
Ecosystem and tooling
The Avaloq Banking Suite combines configurable banking functions with interfaces for surrounding systems. Specialists commonly work with Avaloq modules, scripting and configuration tools, data models, batch processing, APIs and integration layers. Related knowledge can include payment networks, market data, identity services, CRM, document management and enterprise integration patterns.
When specialists help
Companies bring in freelance Avaloq experts during implementations, migrations, upgrades and operational change. They may need support when replacing legacy core systems, connecting digital channels, launching new products or addressing regulatory requirements. External professionals can add focused capacity without extending a permanent team for a short delivery phase.
Delivery responsibilities
A strong specialist can translate banking requirements into maintainable Avaloq configuration and controlled release processes. Typical work includes process analysis, parameter setup, interface design, data migration, test planning, defect resolution and production support. The right profile understands both the platform and the financial process behind each change.
Quality signals
Look for evidence of completed Avaloq work in a comparable banking environment, not only familiarity with product terminology. Ask how the professional handled reconciliation, cutover, access controls, audit trails and regression testing. Clear documentation, disciplined change management and the ability to work with business, compliance and technology teams are essential for reliable delivery.
Frequently asked questions
Quick answers to the questions that come up most around Avaloq.
Avaloq is used to operate core banking and wealth management processes, including accounts, payments, securities, portfolios, lending and regulatory reporting. Companies also use it to configure products and connect banking operations with digital channels and surrounding systems.
Avaloq Banking Suite is often assessed against platforms such as Temenos, Finastra and bespoke core banking systems. The comparison should focus on functional fit, configuration depth, integration needs, migration effort, operating model and the institution’s required control framework.
A strong Avaloq professional usually combines platform knowledge with banking operations, securities, payments, data migration and testing. Experience with APIs, integration middleware, databases, regulatory reporting and release governance can also be important for project delivery.
The required level depends on the work. A configuration change may need a focused specialist, while a core migration, major upgrade or complex integration requires a professional who has handled comparable scope, dependencies, testing and production cutover.
Avaloq work can often be delivered remotely when access, documentation and environments are prepared properly. On-site collaboration may still help during discovery, data migration, user acceptance testing and cutover, especially when several banking teams must coordinate closely.
Ask for examples of relevant modules, banking processes and delivery phases rather than relying on a generic profile. Check the professional’s approach to requirements, configuration, interfaces, reconciliation, testing, documentation and incident handling.
Avaloq Core Platform is strongly associated with private banking and wealth management, but its capabilities also support broader retail, universal and regional banking operations. The practical fit depends on the institution’s products, operating model, integrations and regulatory scope.
An effective Avaloq freelancer combines precise platform work with an understanding of financial processes and business consequences. They communicate clearly, surface delivery risks early, protect data quality and leave behind documentation that allows the client team to operate and maintain the result.
The average hourly rate of freelancers who have used Avaloq in their recent projects is 118 €, which corresponds to a daily rate of about 945 € based on an 8-hour working day.
Of the freelancers who have used Avaloq in their recent projects, 78% hold at least a Bachelor's degree, 33% hold at least a Master's degree, and 11% hold a doctorate.
On average, freelancers who have used Avaloq in their recent projects have 28 years of professional experience, with a single engagement typically lasting around 2.6 years.
The most common languages among freelancers who have used Avaloq in their recent projects are German (100%), English (100%), and French (30%).
The most common industries among freelancers who have used Avaloq in their recent projects are Banking and Finance (100%), Information Technology (80%), and Professional Services (50%).
The most common business areas among freelancers who have used Avaloq in their recent projects are Information Technology (100%), Project Management (90%), and Business Intelligence (80%).
Main locations of FRATCH Experts, who have recently used Avaloq
Our freelancers and interim experts are at home all over Germany — available on-site in Berlin, Hamburg, Munich and every major business hub, or fully remote. Choose a city to discover matched specialists, local market insights and up-to-date availability.
Berlin Hamburg Munich Cologne Frankfurt Stuttgart Dusseldorf Leipzig Dortmund Essen Bremen Dresden Hanover Nuremberg In Austria our freelancers and interim experts support companies from Vienna to Graz — on-site where your project needs them, or fully remote. Choose a city to discover matched specialists, local market insights and up-to-date availability.
Vienna Graz Across Switzerland our specialists are active in Zurich, Geneva, Basel and Bern — working on-site or fully remote. Choose a city to discover matched specialists, local market insights and up-to-date availability.
Zurich Geneva Basel Bern Countries:
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Philipp Thomaschewski
FRATCH CEO
