10 October 2017

Avaloq broadens its wealth management offering; develops stand-alone advisory solution

The Avaloq group invests in its solutions offering for the wealth management sector. The international fintech company launches a stand-alone digital advisory solution for wealth management that can be implemented and integrated into other core banking solutions.

The new offering for wealth management will be delivered both with a web-based user interface and via open API (Application Programming Interface) and is therefore available to wealth managers and private banks using other core banking solutions. The Avaloq wealth management solution is being developed based on Avaloq’s unmatched expertise in the industry: the Avaloq Banking Suite is used to manage client assets worth more than USD 4,000 bn.

The first solution is already released, enabling goal based wealth management. This will now be extended in the next phase by adding a risk-based investment advisory solution.

The new Avaloq offering provides financial institutions with the tools needed for state of the art digital advisory services in a multi-channel environment. The solution leverages Avaloq’s integrated suitability framework, facilitating regulatory compliance across channels, client segments and jurisdictions.

“The solution we are building is highly sophisticated and offers functional elements that are directly tailored to wealth management. It embraces and extends Avaloq’s current offering and on top of that, we are making the solution available to all financial institutions, regardless of the core banking system they are using,” explains Thomas Beck, Group CTO at Avaloq.

Media library

Download our logo and individual photos of our leadership team in different formats and resolutions.

Avaloq Logo

Logos
Click the link below to download our logo in the following formats: CMYK, PMS, png or RGB.
Download logos

Leadership material
For photos of our whole leadership team, click below to download the zip files of your choice.
Download images (low res)
Download images (high res)

Press contact

You’re a journalist looking for more information about Avaloq or its latest news? We would be delighted to hear from you.

Corporate Communications
+41 58 316 10 10
press@avaloq.com