In January 2018, Zürcher Kantonalbank (ZKB) launches a ground-breaking, digitalized advisory platform that is FIDLEG compliant. It attaches great importance to a sophisticated yet simple client profiling process. With regard to asset selection and restriction setting, the advisory platform allows clients different levels of individualization. By leveraging the joint advisory solution of Avaloq and swissQuant Group, ZKB achieved to support the individualization of client portfolios in an objective and fully automated way. ZKB pioneers in exposing the Intelligent Technology of swissQuant for portfolio optimization directly to the end-client: the portfolio optimization functionality is directly embedded into the ZKB e-banking. Thanks to the sophisticated swissQuant algorithms, the ZKB model portfolios can be replicated even under specific client restrictions: suitable alternatives that best replicate the bank’s house view and the model portfolio’s risk/return profile are suggested in an objective and fully automated way. As required by recently introduced regulation, the ZKB advisory solution checks each trade for suitability both in real-time before the trade is executed and on an ongoing basis.
With swissQuant Group, a specialist in risk analytics and portfolio optimization, ZKB has identified an established partner to deliver a state-of-the-art solution to its advisory clients. For swissQuant, ZKB is an important client on the very successful ImpaQt advisory platform. swissQuant is convinced that the ground-breaking approach of ZKB, to expose Intelligent Technology into their digital offering directly accessible to the end-customer, will become the market standard in the future.