Lausanne, 26^th of June 2020 - Azqore, Indosuez Wealth Management’s subsidiary specialising in technology outsourcing services and banking transactions for the wealth management sector, has signed a strategic partnership with the Swiss financial technology company Evooq.

Building on the partnership signed in 2018 with Capgemini, a global leader in consulting, technology services and digital transformation, Azqore is reaffirming its strategic ambitions and ramping up its transformation. By committing to open its proprietary S2i platform to external solutions, Azqore will enhance its clients’ operational efficiency while also improving their user experience thanks to innovative, user-friendly solutions. Furthermore, in a world of constant change, Azqore has put digital at the heart of its value proposition. The development of its digital ecosystem in Switzerland and Singapore, combined with the ongoing reinforcement of its areas of expertise, enables it to consolidate its standing as a preferred partner in digital transformation.

The agreement signed with Evooq is an important step forward. Evooq provides an interconnected suite of modular solutions that allow wealth management companies to meet a variety of needs through a single, integrated user experience. Its advisory application connects to Azqore’s S2i proprietary platform and improves the efficiency of wealth managers and private banks by providing a coherent user experience, from the creation of investment proposals to their operational transcription. One option offered by the Evooq solution, which is provided by Edgelab, enables multi-class asset risk analysis, portfolio simulations and automated investment recommendations. In addition, this solution makes it possible to give personalised advice, enriched with data about client preferences, risk profiles and suitability to the client profile.

The combined capabilities of Azqore and Evooq will help advisors be more effective thanks to streamlined, automated processes, enabling them to spend more time with their clients and to concentrate on advice and investment opportunities.

Pierre Dulon, CEO of Azqore, noted: “This partnership is aimed at offering our clients modern digital solutions that integrate perfectly with our core platform S2i. We are upgrading our value proposition in an increasingly demanding market, combining the performance and user friendliness of the Evooq investment advisory solution with the technical expertise of Edgelab and the functional depth of our S2i platform.”

Cédric Ullmo, CEO of Evooq, added: “We are happy to partner with Azqore and to complement their solution with ours. Together, we want to help wealth managers stand out with a successful digital transformation.”

Thanks to this partnership, Azqore, backed by a unique system and unparalleled expertise that rely on a digital ecosystem and a spirit of continuous innovation, is cementing its position on the fast-growing market for outsourcing banking operations and IT services for private banks.

About Azqore

Azqore is the expert partner in digital transformation for the wealth managers of tomorrow.Azqore strengthens the operational efficiency of private banks and wealth management companies while supporting their efforts to ensure compliance with changing regulations. With more than 25 years’ experience, the company offers its services to 30 clients in 10 countries via its three locations (Geneva, Lausanne and Singapore), and manages assets totalling CHF 182 billion.

Through its proprietary S2i platform, Azqore offers integrated technology services, an operational back office and consulting services for a range of projects.

The community of Azqore users can choose between a business process outsourcing (BPO) service provided by back-office experts and a Software as a Service (SaaS) solution using their own resources. These two solutions are based on a single version of an integrated S2i banking software, which is regularly updated to improve performance and ensure compliance with regulatory changes. The functionalities of this platform can be customised in advance with the help of secure API programming interfaces.

Azqore is a subsidiary of Indosuez Wealth Management group, the global wealth management brand of Crédit Agricole group.

www.azqore.com

Press contact:

Melinda Raverdy                       melinda.raverdy@ca-indosuez.ch