Zurich, October 17, 2016. Sanostro teams up with Avaloq to provide automated foreign exchange (FX) robo-advisory solutions. As of today, Avaloq’s clients will be able to implement FX hedging signals from Sanostro directly into their wealth management and treasury systems. Sanostro’s adapter allows a bank using the Avaloq Banking Suite and customers to choose among leading quantitative managers, including external and in-house experts, to efficiently manage FX exposures within predefined limits. For example this allows portfolio managers to focus on their core investment competencies, such as stock picking and bond selection, while outsourcing the FX decision in an effective way. Treasuries will benefit from automation and the potential to stabilise the asset base in higher volatility environments. Find the announcement by Avaloq here.
The Avaloq group is an internationally leading Fintech company providing integrated and comprehensive solutions for wealth management, universal and retail banks. It has a reputation for the highest standards in engineering excellence, is passionate about innovation and invests more in R&D than any other provider for the financial industry. The company’s meticulous and uncompromising attention to detail has enabled it to achieve a unique 100% success rate in its implementation of banking solutions around the world. The entire Avaloq Banking Suite is consistently designed throughout and delivers unique business benefits to its users as well as strong technical performance. Avaloq is the only independent provider for the financial industry to both develop and operate its own software. Business process and IT outsourcing solutions are offered from Avaloq’s BPO centres in Switzerland and Germany. The company employs more than 2,200 highly qualified banking and IT specialists and has a global customer base of more than 450 financial institutions in over 20 countries worldwide, including tier one banks in the most demanding financial centres. Headquartered in Switzerland, Avaloq has branches in Berlin, Frankfurt, Geneva, Hong Kong, Leipzig, London, Lugano, Luxembourg, Paris, Singapore, Sydney and Zurich. It has development centres in Zurich, Edinburgh and Manila. Further information is available at www.avaloq.com.
Sanostro is a highly innovative provider of hedge fund intelligence. The company was founded on the belief that intelligence of the leading quantitative managers should be used to help investors make investment decisions and that risk management must not be expensive. Sanostro has built a global platform of quantitative managers to offer systematic, model-based hedging solutions and tactical asset allocation models to institutional investors. Clients use Sanostro flexibly to manage their FX, equity, commodity and bond portfolios through tailor-made solutions. Sanostro cooperates with some of the most respected quantitative investment managers in the hedge fund space and is headquartered in Zurich. Further information is available at www.sanostro.com.
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