AI TOOL PROFILE
Avaloq Banking Suite: Wealth Management and Core Banking Software
- Finance and Accounting
- Wealth Management
- Private banks
- Wealth management firms
- Investment managers
- Retail banks
- Corporate banks
Pricing
Pricing was not clearly available from the provided evidence. Buyers should confirm current pricing on the vendor website.
At a glance
- Best for
- Private banks, Wealth management firms, Investment managers, Retail banks, Corporate banks
- Key use cases
- Client Onboarding and Engagement, Portfolio and Investment Management, Regulatory Reporting and Risk Control, Back-Office Automation
- Integrations
- Aladdin by BlackRock, Open Banking standard APIs (PSD2, Open Wealth)
- Official website
- Visit avaloq banking suite official website
How AI is used
Avaloq is a banking and wealth management platform designed for financial institutions. It covers operational needs including client onboarding, digital engagement, trading, treasury, and risk compliance.
The software is built for professional financial entities, including private banks, investment managers, and retail or corporate banks. It supports various client segments, from mass-affluent investors to high-net-worth individuals, by providing a system for portfolio management and advisory services.
Financial institutions can deploy the software as a SaaS solution, via a Platform as a Service (PaaS) model, or as an on-premises installation. The system uses an open architecture to support connectivity with third-party fintechs and partners.
Buyers should confirm their specific deployment preference and whether they require additional managed services or Banking Operations (BPaaS) for back-office automation.
Key Features
Digital Channels
Web and mobile interfaces for client experiences.
Client Management
Capabilities designed to manage the client journey and onboarding process.
Investment Management
Supports portfolio management and investment advisory functions.
Trading and Settlement
Handles the trading process from order management and routing to settlement.
Treasury and Risk Compliance
Includes tools for liquidity risk monitoring, regulatory reporting, and risk limit management.
Lending and Credit
Supports the lifecycle of credit products from initiation to risk management.
AI and Automation
Uses AI and robotics to help automate back-office banking processes.
Use Cases
Client Onboarding and Engagement
Using digital channels and client management tools to support the onboarding process.
Portfolio and Investment Management
Processing trades and managing investment portfolios through integrated advisory tools.
Regulatory Reporting and Risk Control
Monitoring liquidity and credit risk and generating reports to support compliance with regional regulations.
Back-Office Automation
Applying AI and robotics to help automate transaction processing and banking operations.
Integrations
- Aladdin by BlackRock
- Open Banking standard APIs (PSD2, Open Wealth)
FAQ
Who is Avaloq Banking Suite designed for?
- It is designed for financial institutions, including private banks, wealth managers, investment managers, retail banks, and corporate banks.
How is the Avaloq platform delivered?
- The platform can be delivered as a ready out-of-the-box SaaS solution (SaaS Go), a flexible Platform as a Service (PaaS), or as an on-premises deployment.
Does Avaloq support third-party integrations?
- Yes, it uses an open architecture with APIs and data streaming to connect with third-party systems and fintech partners, including pre-integration with Aladdin by BlackRock.
Source category: Finance & Accounting
Source subcategory: Wealth Management
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