Avaloq, a wealth management solutions provider under Japan’s NEC, has formed a partnership with investment manager Vontobel to combine a fully automated client advisory and wealth management process with a multi-product marketplace on a single integrated platform.

The companies, both based in Zurich, Switzerland, have agreed to integrate Vontobel’s multi-issuer platform deritrade into the Avaloq Wealth platform.

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.

Avaloq Wealth’s technology enables professional investment advisers to offer their clients a highly personalized service. The automated solution reduces the time spent on creating and analyzing investment proposals. The platform, which was launched in 2020, is available as a standalone solution independent of Avaloq’s core banking software.

The 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 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, says: “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.”

The new offering will be available initially to banks and wealth managers in Switzerland, and later to other Avaloq clients in Europe and Asia.