CMB Monaco Launches Integrated Wealth Platform with Avaloq and BlackRock Aladdin
CMB Monaco has successfully migrated to the Avaloq and Aladdin Wealth™ integrated platform, enhancing operational efficiency and service quality in international private banking. This transition is pivotal for the bank's digital transformation and cybersecurity measures.
CMB Monaco's operations have transitioned to an integrated platform featuring Avaloq and Aladdin Wealth™, enhancing efficiency across all banking operations. The migration improves cybersecurity with advanced protective mechanisms and ensures secure architecture.
AI-curated by TheiaAdditionally, the bank utilizes Avaloq Banking Operations for AI-led automation, optimizing back-office tasks. This development is a significant milestone for both Avaloq and BlackRock, indicating effective collaboration. The impact may lead to increased competitiveness in the private banking sector, raising expectations for digital transformation amongst peers.
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