Avaloq appoints John Wilson as the UK Managing Director

By Joy Dumasia

Avaloq, a global leader in digital banking and wealth management solutions, announced the appointment of John Wilson as its UK Managing Director. Based in London, John will lead Avaloq’s UK client success, sales and management teams as the company expand in the UK wealth management market with new innovative digital platforms.

John brings over 20 years’ industry and top-tier consulting experience to deliver successful business transformation, systems integration, and commercial outcomes for leading clients of financial and professional services. As Avaloq’s UK Managing Director, John will be responsible for growing Avaloq’s local client base and evolving and promoting Avaloq’s ecosystem of products and propositions, including the company’s new Engage, Insight and Wealth product lines.

Launched in 2020, the three digital platforms help wealth managers take advantage of clients’ increased use of social messaging channels to engage with their relationship managers; the need for greater service personalization and a hyper-tailored approach; and increasingly advanced data analytics.

Avaloq’s UK presence, which includes its Edinburgh-based research and development centre, has continued to grow over the past few years, with 160 staff in total now. The company’s UK client base has also grown to include Barclays, HSBC, Canaccord Genuity and Coutts. Recent client successes include Tilney Smith & Williamson and Brewin Dolphin.

Barry Frame, Chief Client Success & Sales Officer at Avaloq, said: “Avaloq has a strong track record of engaging with the UK wealth management industry and delivering substantial value to our clients. We are proud to offer a very broad and innovative product suite dedicated to helping wealth managers and private banks deliver the most advanced, efficient and digital-led service propositions to their own clients. Significant opportunities remain in the sophisticated UK market, and we are very excited to have John, with his deep wealth management and delivery experience, lead the next stage in Avaloq’s growth plans.”

Recently, IBS Intelligence reported that Avaloq and Vontobel had formed a partnership to integrate Vontobel’s multi-issue platform deritrade into the Avaloq Wealth platform.