The new partnership will drive wealth managers' operational efficiencies, enhancing Avaloq platform's value proposition and driving acquisition. Wealth managers operate in an increasingly complex regulatory environment, with associated compliance costs in recent years. Avaloq's new feature expedites their compliance efforts by providing suitability checks when distributing investment products as well as regulatory guidance on cross-border business activities.
Adding the regtech feature will complement the Avaloq Wealth platform's existing digital tools that automate investment analysis for wealth managers, and likely accelerate its uptake, as we've seen with : Its cloud-powered platform that digitizes financial institutions' account management and compliance processes is reporting rapid adoption.
The added regtech features free up wealth managers' resources to boost their users' experience—another area where Avaloq can help. Wealth management customers are demanding a stronger digital experience. Stay-at-home mandates have forced financial advisors to interact with investors via digital channels, which is their tech shortcomings. By streamlining and cutting compliance costs with Avaloq's solution, wealth managers can redirect their budgets to other areas ripe for digitization.
Avaloq can use the regtech offering to direct new clients to its customer-focused products, increasing sales across the board. Wealth managers first drawn by the new compliance solution can then be exposed to Avaloq's other products beyond the Wealth platform. Its recently launched
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
good luck
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Microsoft reports strong growth for LinkedIn and cloud platform Azure in Q3 2020 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. thanks
Source: BusinessInsider - 🏆 729. / 51 Read more »
Best Hilton Honors credit cards in 2020 - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Insider poll: How social media usage is linked to the 2020 election - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Sounds like an age gap, I don’t know anyone that uses Facebook to share things other than older family members. Tik tok is a younger thing no? When things made more sense and minds were still underanged, tech news used to focus on GE, IBM, Siemens, Bosch, Toyota, and the likes. Now it's the age of tik tok.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Insider poll: Biden voters are more anxious about the economy than Trump voters - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Because Trump voters include corruption as part of the economy, e.g., Republicans running huge new deficits to give people a tax cut that future generations will have to pay back. That’s because trump voters are either too poor to care or too rich to care lol PTSD from 2016
Source: BusinessInsider - 🏆 729. / 51 Read more »
Walmart's advertising business is rattling agencies - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Madison Avenue crazy leftist social engineering sux. Go Walmart..
Source: BusinessInsider - 🏆 729. / 51 Read more »
US household, business, state government debt problem is looming - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. DanielAlpert nice DanielAlpert
Source: BusinessInsider - 🏆 729. / 51 Read more »