Avaloq has launched a new cost and fee analytics solution for banks and wealth managers.
It is design to help these clients gain transparency on the impact of bespoke pricing for individual clients and allow financial institutions to better design and control revenues.
The new solution extends Avaloq’s established cost and fee suite.
It was designed to support front office staff like relationship managers in negotiating discounts and renewals.
Using data analytics, the new product allows institutions to deliver a precise, transparent evaluation of the impact of potential discounts and to report dec...