Vontobel and T-Systems launch securities processing service 

Vontobel, which currently manages 320,000 customer accounts for Raiffeisen in Switzerland on its Avaloq software platform and also processes all securities transactions for Raiffeisen customers, will use the new service to offer securities processing services to other banks in Switzerland and Liechtenstein. T-Systems will operate the IT infrastructure and manage the application.

The service is targeted at wealth management and private banking networks. “As a bank specialising in wealth and asset management, we are ideally placed to make our tried-and-tested securities platform available to other banks in future," said Herbert Scheidt, chief executive of the Vontobel Group. "The expansion of our competencies in taking on parts of the value chain in the securities business will generate valuable benefits for our client banks.”

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Next-generation technologies and the future of trading

At a Risk.net webinar in association with capital markets technology provider Numerix, panellists discuss the potential for increased adoption of the public cloud to boost investment performance, its impact on risk management and overcoming barriers to…

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here