Blackrock and Avaloq announce strategic partnership to deliver integrated technology solutions that meet the evolving needs of asset managers

This partnership will enable private bank and wealth managers to improve their operations throughout the customer journey, including referrals, portfolio building, client reporting and management. risk management. By combining Avaloq’s core banking, CRM and mobile banking services with the robust risk analysis and portfolio management capabilities of the Aladdin Wealth platform, the two companies aim to deliver one of the most technologically advanced services available to the property management industry.

“Avaloq is excited to enter into this strategic partnership with BlackRock. Through our relationship with BlackRock and the integration of their Aladdin Wealth capabilities, Avaloq is further solidifying our commitment to providing innovative investment technology solutions for the wealth management industry,”

“This partnership will help us empower our clients to streamline processes, enhance risk analytics, and make more informed portfolio decisions, ultimately delivering greater value to their clients.”

Martin Greweldinger, Co-CEO of Avaloq.

“BlackRock and Avaloq joining forces will help clients reduce the complexity and friction inherent in many of today’s digital transformations. Our combined offering will make it extremely convenient for clients to implement and adopt Aladdin Wealth’s industry leading capabilities as it will be deeply integrated with Avaloq’s core banking solutions,”

Venu Krishnamurthy, Global Head of Aladdin Wealth Tech.

Asset management clients in Europe and Asia will benefit from access to an integrated wealth management technology platform that unleashes the entire value chain, including:

Digital portal improves customer experience Comprehensive client reporting, powerful referral tools and risk profiling Extensive portfolio building capabilities and advanced portfolio analysis technology
Unified data model provides consistency throughout the customer journey

Avaloq is a leading provider of wealth management technology, providing best-in-class software and support services to financial institutions worldwide. Its powerful systems currently manage approximately $4 trillion in customer assets. BlackRock’s Aladdin Wealth platform provides sophisticated risk analysis and portfolio management capabilities that help asset management clients scale their businesses, manage risk, and build strong portfolios. and enrich the dialogue with clients about their investments.