Wealth, using artificial intelligence and machine learning, is resolving market issues through high-tech applications
Over the prior eight years, Avaloq has helped Banque Cramer to simplify and upgrade its IT systems, allowing the bank to focus on customer service and growing the business both organically and through acquisitions.
Transact has also released ‘Investment Search’, a tool which allows users to search the wide range of over 13,000 assets available on the platform.
In the following, we portray some innovator’s dilemmas and problems, but also show that small and medium-sized banks that are at a disadvantage at first sight do not need to fall behind.
The roll-out took place in two stages, initially for the Monaco entity and then subsequently for the Andorra, Luxembourg, Spain, Panamá and Insurance units, using a “Big Bang” approach.