Avaloq, Adviscent partner to accelerate financial services transformation

Zurich-based WealthTech100 firm Avaloq has entered a partnership with compatriot FinTech Adviscent to provide smart content solutions for wealth managers and private banks.

According to Avaloq, the alliance will see Adviscent Interactive Advisor service connect with the recently launched Avaloq Wealth Platform to accelerate the transformation of established financial institutions advisory business by means of an innovative content hub.

Avaloq Wealth allows wealth managers and private banks to create personalised investment advice and custom-made services for their customers, while cutting the time spent on preparing and analysing investment proposals.

Adviscent content hub Interactive Advisor, meanwhile, allows content owners such as investment writers, sales managers and research analysts to create, manage and distribute investment stories personalised to the specific customer profiles.

Avaloq wealth product manager Santiago Schuppisser said, ?We are truly impressed by Adviscent powerful solutions to orchestrate research, advisory and content functions for an engaging investment journey. This partnership is in line with our mission to redefine investment advice and to always put our users and their clients in the centre of all our efforts.p>

Adviscent CEO Thomas Bosshard added, ?By partnering with Avaloq we gain access to a collaborative ecosystem in which established financial institutions and ambitious fintechs like Adviscent come together. We are looking forward to supporting Avaloq private banking and wealth management clients in providing their clients with the right content in the right format at the right time.p>

Avaloq recently invested an undisclosed amount in German FinTech Raquest, a company that specialises in making it easier for financial institutions to get relief at source and reclaim withheld tax through automated digital processing.

Copyright ? 2021 FinTech Global


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