Driving Digital Innovation in Wealth Tech
HCLTech Confinale Wealth Solutions is a first-of-its-kind dedicated business unit that offers Wealth Tech solutions focused on digital wealth platforms like Avaloq. Formed after acquiring Confinale—a brand synonymous with wealth tech transformation and service delivery assurance in the wealth industry—Confinale Wealth Solutions offers an industrialized approach to delivering end-to-end wealth value chain transformation services, including consulting, implementation, maintenance and enhancement services, cloud migration and wealth tech-focused products and accelerators.
Elevating Standards Across the Value Chain

Experience transformation
- UX transformation
- New implementations
Lifecycle management services (evergreening factories)
- Maintenance factory
- Enhancement factory
- Release and upgrade factory
- Migration and journey to cloud
- Test management factory (including accessibility testing and certification and accessibility)
Products and accelerators
- Product engineering for Avaloq products
- Productized solutions for Avaloq
- IP/accelerators
- API integration – CAPI

- Managed services offerings: Run the bank, legacy management
- Digital business offerings: UX transformation, innovation lab, CTB services, APIs, journey to cloud
- Digital foundation offerings: Digital workplace, hybrid cloud management, cybersecurity
- Digital operations services
- HCLTech software products to drive DevSecOps implementation
- Edtech services to help clients on their workforce re-skilling journeys
HCLTech Acquires Digital Banking and Wealth Management Specialist Confinale

History
Founded in 2012, Confinale focuses on IT consulting in key specialist areas in the banking and wealth management sector including wealth advisory, tax, compliance, regulatory reporting, credit business and integration solutions. Confinale has one of the largest independent pools of Avaloq-certified specialists in Europe and its in-house developed products and solutions accelerate the implementation of the Avaloq platform. Confinale is one of only four companies to be awarded the title of Avaloq Premium Implementation Partner. With offices in Switzerland including Zurich, Geneva, Lugano and Düsseldorf, Confinale works with a host of leading banks and wealth advisors.
This acquisition and associated IP support our strategy to create specialized vertical domain capabilities and position the company as a leader in end-to-end implementation and lifecycle management of the Avaloq platform. This builds upon our expanded global partnership with Avaloq and the acquisition of German IT consulting company GBS in December 2021
Products and Accelerators
We offer FinTech and RegTech products that demonstrate our deep expertise in the following business areas of the banking sector: Wealth advisory, tax and compliance.
Insights and News
Accolades
Frequently Asked Questions about Avaloq Confinale Wealth Solutions
We have over 175 Avaloq-certified professionals—one of the largest and fastest-growing pools of Avaloq talent in the industry. This depth of certified expertise means our clients get seasoned specialists at every stage of their implementation, lifecycle management or cloud migration journey, not generalists learning on the job.
Our lifecycle management services—what we call evergreening factories—cover maintenance, enhancement, release and upgrade management, test management and cloud migration. These structured, industrialized services keep your Avaloq platform current, compliant and performing at its best, without disrupting day-to-day banking and wealth management operations.
aSpark® is our proprietary solution designed to scale the distribution of personalized investment content through targeted automation. In practical terms, it helps banks and wealth managers deliver the right investment insights to the right clients—efficiently and at scale—without sacrificing the personalization that distinguishes premium advisory services.
Our products address the most demanding areas of modern banking—wealth advisory, tax and compliance. aSpark® targets personalized investment content distribution, reclaimer® handles withholding tax reclaims and our client tax reporting solution simplifies generating tax statements based on residence country requirements, monthly or annually.
Confinale operates across key European financial centers. Our offices are located in Switzerland—in Zurich, Geneva and Lugano—and in Düsseldorf, Germany. This geographic footprint reflects our deep roots in European wealth management and our longstanding partnerships with leading banks and wealth managers across the region.
Yes—and that distinction matters. HCLTech Confinale is one of only four companies globally recognized as an Avaloq Premium Implementation Partner. That title reflects our consistent delivery quality, deep platform expertise and a proven track record of driving meaningful outcomes for wealth management and banking clients.
Confinale was founded in 2012 and quickly earned a strong reputation as a specialist in Avaloq-based banking and wealth management IT consulting. HCLTech acquired Confinale to bring that deep domain expertise and proprietary IP inhouse, strengthening our end-to-end Avaloq capabilities and our broader global partnership with Avaloq.
reclaimer® enables banks and service providers to manage withholding tax reclaims and relief on a true end-to-end basis—for both their clients and themselves. It streamlines a process that is typically complex and manual, reducing risk, improving accuracy and helping institutions stay on top of cross-border tax compliance obligations.
Absolutely. Cloud migration is a core part of what we do. Our journey-to-cloud services cover every phase—from strategic planning and execution through to ongoing hybrid cloud management. We help wealth management firms move to the cloud in a structured, risk-aware way that improves agility and controls long-term costs.
Confinale has been recognized as Avaloq's Implementation Partner of the Year in both 2020 and 2021—consecutive wins that speak for themselves. These awards reflect our exceptional delivery quality, platform expertise and consistent commitment to client success, and they reinforce our standing as one of Avaloq's most trusted global partners.








