The bank is working with Avaloq to digitize the Asia private-banking business, front to back.
The MBO will still commit the rebranded venture fund to sourcing fintech ideas for Avaloq.
Cloud-enabled services require the mundane world of financial messaging to smarten up.
“There is no killer app,” says global COO Anil Venuturupalli, but there can be standardization.
Deutsche Bank, having consolidated and outsourced core banking for wealth management, is about to launch its digital front end.
The bank will open accounts to digital assets for energy companies and other clients.
The future for wealthtech is digitalizing banks’ capabilities, argues Avaloq’s Juerg Hunziker.
Partnering with banks is going to only get harder, despite F.I.s' growing need for what fintech companies can offer.
CIO Michael Leung says China CITIC Bank International’s new tech build delivers unique wealth-management capabilities.
Why Avaloq, vendor to private banks, is shifting its business model to cloud-based services.