Expectations of data management rising disproportionately, says expert
On the 07.09.19 at 7:49AM
Spurred by the rising expectations and complexity of data management, Avaloq, the cloud platform and service provider for banks, wealth managers and investment firms, has acquired Derivative Partners AG, a data provider for structured products and derivatives in Switzerland.
Speaking to Asset News, Juerg Hunziker, Avaloq’s Group CEO, said that data is a key factor for banks to be future-ready. “We see that more and more data is produced every day and that the value of data is increasing.