Avaloq and Personetics are entering into a strategic partnership to connect Avaloq’s global banking clients with Personetic’s AI-powered personalized engagement solutions.

Personetics, the leading global provider of data-driven and personalized engagement solutions powered by artificial intelligence (AI) for bank customers, is joining the Avaloq.one Ecosystem, Avaloq’s open banking marketplace bringing together financial institutions and innovative fintechs using the latest REST API and sandbox technology on www.avaloq.one.

This partnership gives Avaloq’s banking clients access to Personetics Engage, a business solution that offers deep analysis of customers’ financial data in real-time, understands their financial behaviour, anticipates their needs and acts accordingly on their behalf. Personetics Engage provides data-driven day-to-day personalized insights, financial advice and wellness programmes, tailored to mass market, affluent as well as small business customers. Personetics Engage is supported by a rich set of tools used to help banks create Personalization IP for market differentiation while delivering significant business impact.

This is the latest international addition to the growing list of selected fintechs on Avaloq.one, a platform that helps banks and wealth managers to connect to a suite of pre-screened, pre-integrated fintech solutions and to third-party services that complement their existing core banking solutions and help drive new customer experiences.

David Sosna, Personetics’ Co-Founder and CEO, said: “We are excited to be part of the Avaloq.one Ecosystem. This partnership will allow us to continue our growth story as the demand for AI-powered Self-Driving Finance solutions is increasing globally.”

Martin Greweldinger, Avaloq’s Group Chief Product Officer, said: “We are impressed by Personetics’ cutting-edge AI solutions and we are proud to be able to offer Personetics Engage to our clients. It perfectly complements the functionality of the Avaloq Insight platform, which delivers integrated data science solutions developed specifically for banks and wealth managers. This latest onboarding to the Avaloq.one Ecosystem highlights the fact that we are able to attract well-established fintechs that offer distinguished services for demanding financial institutions around the world.”