Swiss fintech firm Avaloq has joined forces with local technology provider swissQuant to build a new wealth advisory solution that will offer personalised investment advice in line with clients’ specific goals.
The new solution, dubbed Wealth Advisor Module, will create a securities portfolio based on client’s preferences as well as monitor the realisation of the set targets.
The solution is based on the web technology of Avaloq Digital Suite. Complex calculations such as selection of the ideal strategy to help clients achieve targets or the monitoring of the success will be made with technology provided by swissQuant.
“In this innovation project, the swissQuant Group is elaborating a novel approach based on a dynamic investment strategy that demonstrably outperforms conventional, static allocation methods,” Avaloq said.
The solution will be first implemented at Switzerland-based Thurgauer Kantonalbank.