Avaloq Blog

Navigating the transformation

The world of banking and wealth management is undergoing a major transformation - some say
incumbents will find the disruption insurmountable. Our blog pages seek to demystify some of the trends,
concepts and topics that are impacting the industry today. We hope you find it useful, and look forward to
your comments and discussion points.

CX

Three robo-advisory myths debunked

Forget the world robots are more interested in taking over our wallets. This year, the amount of assets under management by robo-advisors is projected to reach $1.4 trillion USD [1]. By 2025, that figure is expected to double. As the industry evolves and the amount of money pouring towards robo-advisory grows, so should our understanding of three key questions: Who uses robo-advisory? What factors influence its adoption? And might it share more with human advisory than we expect?

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Jan 19, 2021 4:48:29 PM | Blog
innovation, CX, wealth management

The language of banking: how to best communicate with your clients

Simple works; what's more, it wins. A 2019 study from Deloitte revealed that 36% of US banking consumers chose their primary bank because of its ‘simplicity’ [1] – a concept that organizations should reflect not only in the products and services they offer, but also in the language they use to speak about them. As we learned from industry experts in our latest research report, The Front-to-Back Office Report, clients speak in benefits.

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How are functions in the financial industry changing?

Over the past few years, people working in a bank’s Front, Middle, and Back Office have grown skilled in navigating the choppy waters of changing tides. But how do they plan to cope with the swells of new technology and waves of increased challenges that will hit these functions in the years to come? That’s what we wanted to find out with the first edition of Avaloq’s Front-to-Back-Office Report.

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About us

Simplicity for a new era

Changes are occurring at lightning speed. But, just because the world is growing more complex, it doesn’t mean you have to. See how we put simple into action.

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Understand the breadth of Avaloq’s solutions – and find out how our leading wealth management technology can increase efficiency and enhance client engagement.

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