Wealth advisory process in Avaloq

Wealth advisory clients expect to receive high-quality, personalised advice in turbulent times like these. The Wealth Advisory process determines how customer-oriented the investment advice of a financial institution is. How interactive it is, how digital, and how innovative.

From the initial advice to the monitoring of the return targets: We have already been able to digitise the process for over 10 Avaloq banks in Switzerland, Liechtenstein and Germany. We would be happy to lead yours into the digital future.

Your contact:

Andreas Egli
Partner - Head of IT Consulting

Contact now

What wealth advisors can expect from this solution

Attractive, digital 360° advisory services that impress relationship managers and their customers equally
Customer profiling; determination of the individual risk appetite of each customer and his investment and communication preferences
Interactive analysis of customer goals; according to a traditional approach or goal-based approach
Automated portfolio construction and optimisation
Investment strategies and investment stories that can be presented with the click of a mouse, that fit the respective customer profile and that are easily understood
Clear visualisation of opportunities, risks and expected return of the respective investment strategy
Customer communication via their preferred by channels
Ongoing compliance with all regulatory requirements (FIDLEG/MiFID II and similar), in particular, the automated administration of the relevant product information sheets
Advisor dashboard for portfolio overview and monitoring, as well as fully automated alerts in the case of abnormalities

Positive customer experience

Inspiring advice: Relationship managers can make individualised and convincing suggestions to their clients. Transparent, understandable and optimised and taking into account the relevant restrictions. Compliance is part of the process. This leaves managers more time to cultivate relationships.

Comprehensive monitoring

An advisor dashboard, tailored to your bank, presents all portfolio information in real-time. Any abnormalities and deviations from yield or risk targets are immediately visible by means of an alerting system. Your advisors can immediately inform clients about new risks and suggest countermeasures.

Why implement an end-to-end investment process with Confinale?

Established best practice approach

Our experience from over 10 wealth advisory projects for different types of banks as well as our expertise in advisory processes and compliance form a solid basis for the digitisation of your process. We work with you to develop and implement the approach that is suitable for your institution and your relationship managers.

Fully integrated in Avaloq

As market leader in the implementation of the Avaloq Wealth Advisory Module and a specialist for API architecture & integration, we connect best-of-breed third-party applications, such as swissQuant, Omnium or Salesforce Financial Services Cloud, to your core banking system using the latest technologies.

Optimised and automated

Your existing and new processes can be excellently integrated and automated with our solution. With the use of BPMN process engines, you can make your advisory process dynamic and interactive, whilst automating time-consuming manual steps. We are happy to help you exploit your optimisation potential.

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Confinale is our reliable partner in the EMEA and APAC regions for all run and change-the-bank topics in regulatory reporting. Confinale convinces us with its excellence in data management, which is the key to comprehensive, accurate and consistent regulatory reporting, delivered on time and in best quality.

_ Daniel Marxer, Service Owner Legal Reporting, LGT Financial Services AG, Vaduz

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Confinale has been working on the Advisory programme for Barclays since Aug 2017. I’ve always found them to be super efficient, professional and competitive. They have consistently delivered a good service, and are actively engaged with our organisation. I would be happy to recommend to anyone looking for implementation of wealth advisory/suitability services in their organisation.

_ Narveer Gahlan, Project Manager at Barclays Plc.

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Confinale understands how technology can make legal and compliance processes more efficient. Thanks to their deep knowledge of wealth advisory and their high standard of delivery, they enabled us to make our client advisory process not only compliant but much more valuable for our customers. The team at Confinale is very personable and they really care about their clients. I would highly recommend Confinale for all challenging projects that require highly skilled and dedicated partners.

_ Matthias Kottmann, Head of Product Management at Basellandschaftliche Kantonalbank