Avaloq, swissQuant Launch Advisory Solution

Swissquant and Avaloq together have developed a technology that allows banks to automate their services and integrate them into the Avaloq Banking Suite system.

Swissquant Group and Avaloq are continuing their cooperation on a wealth-advisory module. Banks using their software are able to offer wealthy clients a comprehensive service tailor-made for their purposes.

The new offering will allow the integration even of individual positions in the personal advisory solution thanks to a highly-refined methodology, the companies said in a statement today.

Thurgauer Kantonalbank First User

The software allows the banks to implement the goals and wishes of their clients in a specific securities portfolio and a continuous monitoring in a bid to reach the targets set. Thurgauer Kantonalbank will be the first to use this new advisory solution.

The solution is based upon the Web technology of Avaloq Digital Suite. The programmers put great effort into making it particularly user-friendly. The complex calculations, such as the choice of the best strategy to reach the targets set or the monitoring of the success rate are made with the help of technology provided by Swissquant Group.