Ausgleichskasse für das schweizerische Bankgewerbe

What Ausgleichskasse für das schweizerische Bankgewerbe does

Ausgleichskasse für das schweizerische Bankgewerbe is a Zurich-based, non-profit statutory compensation fund founded in 1948 that administers mandatory Swiss social insurance for the banking industry. It collects AHV (old-age), IV (disability), EO (income replacement), and ALV (unemployment) contributions from sector employers and self-employed individuals affiliated through three founder associations — the Swiss Bankers Association (SBVg), the Association of Swiss Holding and Financial Companies (HV), and the Employers' Association of Banks in Switzerland (Arbeitgeber Banken, joined 2016) — and processes the corresponding pension, disability, and income-replacement benefits.

The fund's core technology stack centers on the insiteWeb online portal for member administration (salary reporting, family allowance declarations, electronic wage certificate submission) and the ALPS (Applicable Legislation Platform Switzerland) web application, which it operates jointly with the Federal Office of Social Insurance (BSV) to process international assignments, A1 detachments, and multi-state work certifications across EU/EFTA member states and 44 contracting countries. Additional services include the Familienausgleichskasse Banken (operational since 2009), the Maternity Insurance Geneva (MSV GE), and collection of Ticino vocational training fund contributions.

Revenue is generated entirely through statutory administrative fees rather than commercial pricing: employers pay an administrative cost of 0.25% on AHV/IV/EO contributions (effective January 2018), and self-employed members pay regulated contribution rates (10.00% combined for AHV/IV/EO, with a minimum of CHF 514/year from 2023). With a lean 26-person team operating from a single Zurich headquarters, the fund runs a direct, non-marketing distribution model supported by the trilingual website (German, French, Italian), insiteWeb self-service, and in-person consultation.

Name

Ausgleichskasse für das schweizerische Bankgewerbe

Legal name

Ausgleichskasse für das schweizerische Bankgewerbe

Website

https://ak-banken.ch

Company type

Private

Founded year

1948

Operating status

Operating

Headcount range

11–50 employees

Short description

The Ausgleichskasse für das schweizerische Bankgewerbe is a Zurich-based statutory compensation fund that administers mandatory AHV/IV/EO/ALV contributions, family allowances, and cross-border social security services exclusively for the Swiss banking industry, operating through the insiteWeb portal and the ALPS international assignment platform.

Ownership category

akta.pro rank

Product category

Social Insurance Administration (Compensation Fund Services)

NAICS

Health and Welfare Funds (525120), Health and Welfare Funds (52512), Other Insurance Funds (525190)

SIC

Insurance Agents, Brokers & Service (6411), Accident & Health Insurance (6321), Services-Social Services (8300)

akta.pro industry

PRIMARYBPAIAKAH

Healthcare-Linked Social Benefits Administration (e.g., Medicaid/Means-Tested Health Coverage)

Business & Public Services/Public Sector & Government Administration/Social Security, Benefits & Welfare Administration

SECONDARYBPAIAKAE

Income Support & Cash Assistance Programs

Business & Public Services/Public Sector & Government Administration/Social Security, Benefits & Welfare Administration

SECONDARYFSAIAIAB

Group Disability Income Insurance (Employer-Sponsored)

Financial & Insurance/Insurance — Life & Health/Disability Income Insurance (Short- & Long-Term)

SECONDARYBPACAHAG

International Benefits Administration & Global Benefits Brokerage

Business & Public Services/HR, Staffing & Recruitment Services/Employer of Record (EOR) & Global Employment / PEO Services

Keywords

• Social security administration
• Banking industry compensation fund
• Family allowance services
• Mandatory contribution collection
• Cross-border social insurance

Headquarters

HQ city

Zurich

HQ country

Switzerland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Others

Revenue model

1. AHV/IV/EO/ALV Contribution Collection: Collection of mandatory social security contributions from employers (0.25% of AHV/IV/EO contributions as of January 2018) and self-employed individuals (10% rate for AHV/IV/EO on income) in the Swiss banking sector. Contributions fund Swiss old-age pension (AHV), disability insurance (IV), income replacement (EO), and unemployment insurance (ALV).
2. Family Allowance Fund (FAK) Administration: Collection of family allowance contributions and distribution of family allowances to employees of member companies in the Swiss banking sector. Established under the Federal Law on Family Allowances (FamZG) effective January 1, 2009.
3. Maternity Insurance Geneva (MSV GE): Collection of contributions for additional maternity insurance for the canton of Geneva and management of Berufsbildungsfonds (vocational training fund) contributions for Ticino.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

The Ausgleichskasse für das schweizerische Bankgewerbe collects and administers mandatory Swiss social security contributions (AHV, IV, EO, ALV) from employers and self-employed professionals in the Swiss banking industry, pays out corresponding old-age, survivors', disability, and income-replacement benefits, and operates the Familienausgleichskasse Banken for family allowance collection and distribution nationwide (excluding Geneva and Ticino). It also coordinates cross-border social security for international assignments via the ALPS platform and administers Geneva maternity insurance (MSV GE) and the Ticino vocational training fund (BBF TI).

Product overview

Ausgleichskasse für das schweizerische Bankgewerbe operates as a compensation fund for the Swiss banking industry, offering a unified service platform combining social security administration with family allowance management. The core offerings include AHV/IV/EO/ALV contribution collection and benefit payments, supported by the insiteWeb employer portal for electronic processing. The ALPS platform handles international assignment documentation for EU/EFTA member states and 44 contract countries. Additional services include Geneva maternity insurance and family allowance administration across Switzerland.

Differentiator

Problem solved

Functional benefit

Products and services

• AHV/IV/EO/ALV Contribution Collection (Beitragsbezug) Collection and processing of mandatory social security contributions for Swiss old-age insurance (AHV), disability insurance (IV), income replacement benefits (EO), and unemployment insurance (ALV) from employers and self-employed members of the Swiss banking sector. Administrative cost is set at 0.25% of AHV/IV/EO contributions (effective January 1, 2018).
• AHV/IV/EO Leistungen (Benefits Payments) Payment and administration of old-age, survivors', disability, and income replacement insurance benefits to eligible members and beneficiaries of the Swiss banking industry compensation fund.
• Familienausgleichskasse Banken (Family Allowances) Family allowance fund services covering contribution collection and benefit distribution for employees of member banking-sector organizations across Switzerland (excluding Geneva and Ticino), operated as a delegated function under Article 63, Paragraph 4 AHVG.
• insiteWeb Member Portal Secure online employer portal for processing AHV/IV/EO/ALV contributions, submitting annual salary certificates electronically, and managing family allowance declarations. Available in German, French, and Italian.
• ALPS (Applicable Legislation Platform Switzerland) Web application enabling companies, self-employed persons, compensation funds, and the Federal Social Insurance Office (BSV) to process new work assignments abroad — short- and long-term detachments, extension requests, and continued insurance coverage — for EU/EFTA member states and 44 contracting states outside EU/EFTA.
• Mutterschaftsversicherung Genf (MSV GE) Collection of contributions for and administration of additional maternity insurance specific to the Canton of Geneva, covering banking-sector employees based in Geneva.
• Internationale Sozialversicherungsabkommen (International Social Security Coordination) Cross-border social security coordination services including detachment certifications (A1), insurance continuation processing, and multi-state employment assessments covering 44 contracting states and EU/EFTA member states, aligned with Regulations (EC) 883/2004 and 987/2009.
• Nichterwerbstätige Contributions Administration Contribution management services for non-employed individuals (Nichterwerbstätige), including early retirees, divorced/widowed persons, and spouses of pensioners not yet of AHV retirement age, with contribution calculation based on wealth and pension income and exemption possibilities for spouses of active contributors.
• Berufsbildungsfonds Ticino (BBF TI) Administration Collection and administration of contributions for the cantonal vocational training fund (Berufsbildungsfonds) of the Canton of Ticino on behalf of banking-sector employers.

Quantifiable outcome

• 0.25% administrative cost rate on AHV/IV/EO contributions

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Four partnerships are on record, tiered core.

• Swiss Bankers Association (Schweizerische Bankiervereinigung / SwissBanking)coreStrategic or Co-development PartnerFounding association that established the compensation fund upon implementation of AHV on January 1, 1948. Represents Swiss banks and serves as primary channel for recruiting member employers. Provides industry-specific guidance and representation for the banking sector's social security interests.
• Association of Swiss Holding and Financial Companies (Verband Schweizerischer Holding- und Finanzgesellschaften / Holdingverband)coreStrategic or Co-development PartnerFounding association that co-established the compensation fund in 1948 and the Familienausgleichskasse Banken in 2008. Represents holding companies and financial institutions, contributing members to the fund.
• Employers' Association of Banks in Switzerland (Arbeitgeberverband der Banken in der Schweiz / Arbeitgeber Banken)coreStrategic or Co-development PartnerJoined as additional founding association effective January 1, 2016. Represents employer interests in the banking sector and contributes employer-side members to the compensation fund.
• Federal Office of Social Insurance (Bundesamt für Sozialversicherungen / BSV)coreOthersGovernment regulatory body overseeing Swiss social insurance. Works with the fund through the ALPS platform for processing international assignments and detachments. BSV reviews and approves extension requests for assignments exceeding standard periods under EU/EFTA agreements.

Scale indicators3 records

Recent moves9 records

Expansion highlights4 records

Broad incumbents

• Rippling: Cloud-based HR, payroll, and benefits administration platform serving global employers. Comparable in consolidated benefits administration functionality and self-service employee portal approach, though commercially positioned across many verticals.
• Deel: Global EOR/PEO platform providing employer-of-record, international payroll, and global benefits administration. Comparable in cross-border employee assignment handling and multi-state benefits coordination, though operating as a commercial platform rather than a paritarian fund.
• Justworks: PEO provider offering payroll, benefits administration, and workers' compensation to small and mid-sized US employers. Provides similar consolidated benefits/payroll/HR/admin services through a single relationship, though anchored on the US market.
• ADP (Automatic Data Processing): Global payroll and HR services provider with employer-of-record and benefits administration capabilities. Comparable at the operational layer (payroll-based benefits, multi-country coordination) though commercially oriented and very broad in scope.
• SD Worx: European HR and payroll services provider with strong presence in Belgium, France, Germany, and the Netherlands. Comparable in social insurance contribution handling, multi-country payroll, and employer benefits administration across borders.

Regional players

• SVA Zürich: Cantonal social insurance office for the canton of Zürich that handles AHV/IV/EO contributions and family allowances. Operates an overlapping service portfolio with the subject but with a cantonal rather than vertical scope, and is headquartered in the same city.
• SVA Aargau: Cantonal social insurance agency serving the Aargau canton with AHV/IV/EO/ALV and family allowance administration. Comparable service portfolio but operates on a territorial mandate rather than the banking-sector specialization of the subject.

Direct peers

• compenswiss: Switzerland's central AHV/IV/EO compensation fund and the primary federal entity for administering mandatory social security contributions and benefits. Operates as a sister fund to the banking sector-specific Ausgleichskasse, serving the general public and many non-banking industries via a comparable paritarian model.
• Caisse de compensation de l'économie (CCE): Swiss industry-aligned compensation fund serving multiple employer associations via a single integrated platform. Comparable in offering single-window AHV/IV/EO/ALV/FAK administration across multiple vertical employer groups, mirroring the subject's banking-vertical specialization.
• Hotelausgleichskasse (Hotel & Gastro Union): Swiss industry-specific compensation fund for the hotel, restaurant, and catering sector. Industry-aligned function and service model mirror the subject's banking-vertical specialization, including employer-side administration of AHV/IV/EO/ALV and family allowances for a defined sector.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/ausgleichskasse-f%C3%BCr-das-schweizerische-bankgewerbe

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Ausgleichskasse für das schweizerische Bankgewerbe