24 Jun 2021
Avaloq and Vontobel to link platforms for structured products

Vontobel’s structured products platform deritrade® is to be connected to the Avaloq Wealth platform. This will give Avaloq clients a direct, fully automated means of offering individual investment solutions.

Avaloq and Vontobel have formed a partnership to integrate Vontobel’s multi-issuer platform deritrade® into the Avaloq Wealth platform. This integration measure is a further milestone in the strategic development of Avaloq Wealth. It combines a fully automated client advisory and wealth management process with a multi-product marketplace on a single integrated platform for the first time.

The deritrade® platform makes it possible to launch tailored structured investment products with leading issuers. Banks and wealth managers can build individual investment solutions for their clients on the platform in real time, even interactively during client meetings.  

Avaloq Wealth’s cutting-edge technology enables professional investment advisers to offer their clients a highly personalized service. Thanks to the high level of automation, Avaloq’s innovative solution also significantly reduces the time spent on creating and analysing investment proposals. The platform, which was launched in 2020, is available as a standalone solution independently of Avaloq’s market-leading core banking software.

The new partnership with Vontobel rounds out Avaloq’s offering in the field of structured products. It is already active in this area with proprietary information and data solutions from Derivative Partners. The seamless integration of the two solutions on the Avaloq Wealth platform will greatly simplify the use of structured products for investment advisers, freeing up valuable time for personalized client advice.

Markus Pfister, Head of Structured Solutions & Treasury at Vontobel, said: “Our cooperation with Avaloq Wealth will give banks and wealth managers a simpler way to integrate structured products into their advisory process. The new automated suitability checks will make it easier for client advisers to use structured products – in line with their investment strategy and in a tailored way. We look forward to supporting Avaloq clients in making the right products available in the right context and at the right time.”

Santiago Schuppisser, Avaloq Group Product Manager – Wealth, said: “The wide range of products and issuers and the intuitive functionality of deritrade® are exactly what we expect of a multi-product marketplace. This partnership is in line with our mission to redefine integrated investment advice and give our clients easy access to the widest possible choice of issuers in real time.”  

Initially, the new offering will be available to banks and wealth managers in Switzerland. It is intended to open up to other Avaloq clients in Europe and Asia at a later stage.