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“Acorn was promised £200m a year ago and is missing from the Budget. Vidai’s local AI model runs in Stirling.”

Avaloq Innovation is an IT services firm based in Edinburgh, incorporated in Scotland in 2011 (SC406072).
What they do
“Premium wealth management and cloud banking software and service provider.”
In its own words, on avaloq.com
In plain speak
They make software and provide services for wealth management and cloud banking.
Avaloq Innovation is an IT services firm based in Edinburgh. (Companies House, ayeoh's record) It was incorporated in Scotland on 24 Aug 2011 as company SC406072. (Companies House) Its website says: “Premium wealth management and cloud banking software and service provider.” (avaloq.com)
Companies House lists 3 active officers, among them Paula Caroline Suttie (director, since Feb 2021), Hubert Gmünder (director, since Feb 2021) and Thomas Widmer (director, since Apr 2026). (Companies House, profile card) Its own website's latest post is “How AI-enabled BPaaS supports banking operations”. (Latest from Avaloq Innovation, the post) Its latest filed accounts, for the year to 31 Mar 2025, show 94 employees on average. (Companies House, Financials)
Next accounts due 31 Dec 2026.
| Year end | Staff |
|---|---|
| 31 Mar 2025 | 94 |
| 31 Mar 2024 | 114 |
| 31 Mar 2023 |
Download everything ayeoh holds on Avaloq Innovation, free: CSV · JSON-LD. Every row carries its source and date.
Record completeness 80 of 100; not yet held: turnover, funding rounds, grants, open roles.
A director resigned
A director appointed
2 directors resigned
Full accounts filed for the year to 31 March 2025
Full accounts filed for the year to 31 March 2024
A director resigned
Full accounts filed for the year to 31 March 2023
Full accounts filed for the year to 31 March 2022
Full accounts filed for the year to 31 December 2020
2 directors appointed
A director resigned
2 directors appointed
Full accounts filed for the year to 31 December 2019
Incorporated at Companies House
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