Bringing you live news and features since 2006 

Avaloq named as a ‘leader’ in wealth management BPO by research firm NelsonHall

RELATED TOPICS​

Avaloq is leading the way in wealth management business process outsourcing (BPO) according to a recent report by global analyst firm, NelsonHall.

The Avaloq group, an international leader in integrated and comprehensive banking solutions for wealth management, universal and retail banks, has been rated as a ‘leader’ by the well-respected sourcing specialist team at NelsonHall. The report analyses the performance of vendors offering wealth and asset management services, assessing the capability of vendors across a range of criteria and business situations.
 
The assessment highlights especially the vendors’ ability to deliver immediate benefits to its customers and their ability to meet their customers’ requirements throughout their journey.
 
“Avaloq has a market leading wealth and asset management BPO capability for central European countries and is gaining traction in Asia,” says Andy Efstathiou, Research Director at NelsonHall and author of the report evaluating the global market for Wealth & Asset Management services. 

The report also stated that Avaloq's three fully owned BPO centres were one of the key differentiators during the NelsonHall assessment. The report noted that Avaloq’s integrated software platform and BPO services was rare in the industry and allows financial institutions to benefit from shared overhead on a unified platform and banking model.

This rating further substantiates the company's growing recognition as a leader in the wealth management arena, following a report from analyst firm Celent, where Avaloq ranked first in the report for the most new client assets managed using its solutions.
 
Francisco Fernandez (pictured), CEO of the Avaloq group, says: “This report is a fantastic endorsement for us as a company. It further supports the strength of our strategy in the BPO market by highlighting the industry-leading offering we provide. Avaloq is extremely proud of its reputation as a driver of innovation and leader within the financial sector.”

Latest News

Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by