The latest technology news in the wealth management sector from around the world.

Gulf Capital Investment Company, Avaloq
Gulf Capital Investment Company, or InvestGB, the wholly-owned investment arm of Gulf Bank, is partnering with Avaloq, the Switzerland-based provider of technology to private banks and other organisations.

InvestGB will implement Avaloq’s platform, hosted on the cloud, to transform the company’s core wealth management system. 

This platform will consolidate all of InvestGB’s systems and data into a unified infrastructure, Avaloq said in a statement.

Avaloq’s services bring benefits such as intuitive visualisation of investment portfolios, transparency on fees, self-service features and the latest in authentication standards for secure access. InvestGB’s regulatory and compliance checks, including its KYC processes, will be fully integrated into the platform.