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London-based Qwil Messenger joins avaloq.one ecosystem

Martin Greweldinger, Group Chief Product Officer at Avaloq

London-based wealth management and financial service platform Qwil Messenger is the latest technology member to join avaloq.one. avaloq.one is a platform launched by Avaloq, which is designed to connect fintechs with Avaloq’s global financial services clients through standardised Open Application Program Interfaces (APIs). The platform allows fintechs to self-onboard to the platform, self-integrate with Open APIs, and journeys.

Participating fintechs only need to integrate their solution to the Avaloq Banking Suite once to engage with Avaloq’s clients. The platform also offers the avaloq.one sandbox, which allows fintechs to rapidly develop and simulate prototype solutions in a test environment.

Martin Greweldinger, Group Chief Product Officer at Avaloq, said: “Qwil Messenger offers a truly compelling proposition globally enabling our clients to benefit from what has become a most popular form of communication, instant messaging. With this channel, clients will be able to communicate safely with their advisers who can then invite the relevant colleagues to the chat and share documents all within a familiar and intuitive interface.”

Established in 2017 and headquartered in London, Qwil Messenger aims to assist firms in achieving compliance or meeting data protection regulations. It focuses on mitigating risks faced during online document sharing, insecure emails etc.

Laurent Guyot, Chief Financial Officer of Qwil Messenger, said: “Out-of-the-box, firms can realise the benefits of our secured channel immediately and be chatting with clients in days, not weeks or months. However, firms can get even more value by fully integrating the channel with the Avaloq Banking Suite using open APIs. These support a wide range of use cases including enabling staff to automatically load chats to CRM, sending outbound messages to clients and even deploy bots to service authenticated client and staff.”

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