Vontobel's platform for structured products is to be integrated into Avaloq's Wealth platform, with the companies saying it will improve access for clients.

Swiss private bank Vontobel and banking software company Avaloq have agreed to integrate Vontobel’s multi-issuer platform for the creation and issuing of tailored structured products, deritrade, into the Avaloq Wealth platform.

The companies said Thursday that this meant Vontobel was increasing deritrade’s reach, while Avaloq Wealth’s clients would be able to use the entire structured products offering on one platform from the start of 2022.

The new offering will initially be available in Switzerland. In the next phase, it is planned to offer it to Avaloq Wealth’s clients in Germany, Europe and Asia.