- Security Bank, based in the Philippines, has partnered with Swiss banking software provider Avaloq to digitize its wealth management business.
- The bank will use the Avaloq Core platform to offer bespoke investment advisory services and products to high-net-worth and affluent clients.
- Avaloq’s Relationship Manager (RM) Workplace solution will be applied to the front office to enhance productivity and client insight for relationship managers, expanding the offering into tailored investment advisory services.
- Security Bank aims to attract incremental investment assets under management (AUM) and deepen customer relationships through the partnership.
- The move follows the bank’s deal with ACI Worldwide in March 2023 to modernize its payments infrastructure.
![Security Bank selects Avaloq to digitise wealth management business Security Bank selects Avaloq to digitise wealth management business](https://www.fintechinshorts.com/wp-content/uploads/2024/02/pexels-karolina-grabowska-4491456-1068x712.jpg)
Security Bank selects Avaloq to digitise wealth management business
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