Why a strong data baseline matters
Without a single trusted data source, decisions risk being based on incomplete or outdated information. This can lead to missed opportunities, higher costs and compliance issues. By consolidating near real-time and historical data into one platform, banks and wealth managers gain a clear view of their business, such as understanding profitability by client segment, and can identify trends through transaction data, for example shifts in spending patterns or changes in volumes. These insights enable faster, more informed responses to market developments.
Introducing Avaloq Data Foundation
Avaloq Data Foundation is a modern data platform designed for the needs of wealth management and banking. Built on Snowflake, it supports flexible deployment and enables users across the organization, from analysts to executives, to access consistent, governed data. Data Foundation connects to the Avaloq Core Platform (ACP) and links with portfolio management systems, market data providers, external asset managers and partner solutions, providing one trusted source for analytics and artificial intelligence (AI).
Key benefits
- Business value analysis: Gain deeper client insights and advanced segmentation by using predictive analytics to identify new opportunities, such as spotting demand for ESG (environmental, social and governance) investments or tailoring offers for next-generation investors.
- Operational efficiency: Consolidate fragmented data sources, reduce overheads and duplication, and provide teams with near real-time, business-ready data across the front, middle and back office. For example, this can speed up reconciliation or improve liquidity monitoring.
- AI and innovation: Enable advanced applications such as anti-money laundering (AML) detection, liquidity forecasting and automated insights, helping institutions anticipate risks and optimize decision-making.
- Compliance and trust: Reinforce regulatory alignment and data integrity by applying Avaloq Core Banking GDPR (European General Data Protection Regulation) principles, including data-wiping and protection procedures, across the data platform for end-to-end compliance.
- Scalable architecture: Adapt to changing needs, scale dynamically and support both historical and live data analysis. This makes it easier to onboard new data sources or expand into new markets.
Client success story: paving the way for the industry
Avaloq Data Foundation is already making an impact. After a successful implementation with a Swiss bank, the solution is live and paving the way for other institutions. Thanks to strong connectivity with the core banking system, Avaloq’s banking client now benefits from rapid delivery and robust compliance support. A regulatory and legal assessment confirmed the platform’s compliance framework, helping future clients adopt Data Foundation with confidence.
The client’s vision was to create a “brain” for the bank, a system capable of analysing data, transforming it into actionable insights and enabling predictions and AI-driven recommendations. Data Foundation has laid the groundwork for this vision, delivering secure, dependable operations with flexibility for future growth. The platform enables use cases such as real-time forecasting of key banking indicators, enhanced transaction monitoring for AML and automated regulatory reporting for ESG and climate risk. These capabilities are now within reach for other banks and wealth managers, ready to be activated as part of their own data strategies.
Compliance and future-proofing
As regulatory requirements continue to evolve globally, having a platform that supports compliance by design is a strategic advantage. Data Foundation’s security-first architecture, combined with automated data observability, quality checks, lineage, cataloguing and access management capabilities, helps institutions ensure data reliability. These features also enable organizations to meet regulatory obligations with confidence. Its modular architecture and low-code tooling mean that new data sources and use cases can be onboarded quickly, reducing time to value.
Outlook and next steps
Data Foundation provides the technical backbone for advanced analytics, AI and operational excellence in banking and wealth management. Its robust compliance framework, scalable architecture and broad connectivity enable institutions to convert data into measurable business value. As financial institutions look to the future, the ability to leverage data for AI, personalized client experiences and operational efficiency will be key differentiators. Data Foundation is more than a tool, it is a strategic asset that supports innovation and prepares you for future data needs.
