Avaloq implements wealth management platform for Canaccord Genuity

Avaloq has implemented its first fully-integrated UK wealth management platform for Canaccord Genuity Wealth Management

Avaloq implements wealth management platform for Canaccord Genuity

Avaloq, a provider of wealth management and banking solutions, has implemented its first fully-integrated UK wealth management platform for Canaccord Genuity Wealth Management.

The group has already transitioned a fully integrated modular software solution to Canaccord Genuity Wealth Management in the UK and its offshore locations to support the firm’s back, middle and front office functions.

Avaloq claims that the transition will offer Canaccord the flexibility to provide investment solutions and client service, along with the necessary infrastructure to support its growth plans.

Canaccord Genuity Wealth Management (UK) CEO David Esfandi said: “The successful implementation of the Avaloq platform allows us to focus on delivering innovative wealth management solutions and creating long term value for our clients.

“Avaloq has become a trusted strategic partner and we look forward to ongoing collaboration, as we service growing numbers of discerning wealth management clients in a changing market and regulatory environment.”

Canaccord Genuity Wealth Management’s investment professionals manage and administer over £11bn in assets for over 12,000 clients. It operates with offices in London, Guernsey, Jersey and the Isle of Man.