Avaloq and Vontobel team up for multi-issuer platform integration

By Megha Bhattacharya

Avaloq and Vontobel have formed a partnership to integrate Vontobel’s multi-issuer platform deritrade into the Avaloq Wealth platform. It combines a fully automated client advisory and wealth management process with a multi-product marketplace on a single integrated platform for the first time. 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, even interactively during client meetings.

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.”

Initially, the new offering will be available to banks and wealth managers in Switzerland. It is intended to open up to other Avaloq clients in Europe and Asia at a later stage.

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.”