Avaloq is delighted to announce it has won the Outstanding Wealth Management Technology Provider in Germany at the second Annual Private Banking and Wealth Management Germany Conference Awards held on 30 April in Frankfurt. The event is run by one of the world’s leading wealth management publications, Private Banker International.

The Private Banking and Wealth Management Germany Conference and Awards 2019 is an innovative forum where wealth management firms, private banks and bespoke family offices come together to discuss their strategies for digital transformation to help improve their customer experience.

In addition to the firm winning an award, Christof Rossbroich, Avaloq’s Head of Sales Germany, spoke at the conference on intelligent private banking and how Avaloq looks to serve its clients through new innovative solutions to aid in the digital transformation of their businesses.

Karl im Brahm, CEO of Avaloq Sourcing (Europe) AG, and Head of Avaloq Germany said: “We are delighted to be recognised as an Outstanding Wealth Management Technology Provider. Private Banker International is a well-respected voice within our industry and the opportunity it provides to spotlight new and innovative thought-provoking ideas from firms like us is highly appreciated. We look forward to next year’s awards and remain focused on delivering industry-leading platforms for all our clients.”

Avaloq’s market-leading core banking and digital SaaS and BPaaS solutions were also recognised earlier this year by another sector title, WealthBriefing, at both its UK and Swiss award ceremonies.

Avaloq recently reported strong results for 2018 driven in part by continued demand for the firm’s SaaS, BPaaS and on-premise solutions from private banks and wealth managers. New wealth management clients and projects either won or completed over the past 15 months include Pictet Group, Intesa Sanpaolo Private Bank Suisse, Deutsche Bank Luxembourg, Edmond de Rothschild, Brewin Dolphin and Smith & Williamson.