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June 24, 2021

Vontobel to link platforms with Avaloq for structured products

By Patrick Brusnahan

Vontobel will connect its structured products platform deritrade to the Avaloq Wealth platform.

The goal is to give Avaloq clients a direct, automated means of offering individual investment solutions.

Avaloq and Vontobel have formed a partnership to combine a fully automated client advisory and wealth management process with a multi-product marketplace on a single integrated platform for the first time.

deritrade makes it possible to launch tailored structured investment products with leading issuers. Furthermore, individual investment solutions can be built in real-time, even during meetings.

Avaloq Wealth offers clients a highly personalised service and reduces the rime spent on creating a analysing investment proposals. Launched in 2020, it is available independently of Avaloq’s core banking software.

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.”

This will be initially available to banks and wealth managers in Switzerland. It will be open to other Avaloq clients in Europe and Asia at a later date.

At the start of the year, Crypto Finance Group implemented its brokerage solution for crypto assets with some Avaloq banking clients.

Financial institutions and their clients can now initiate crypto asset trading, settlement, and storage with automated, real-time reconciliation.

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