As part of its mission to deliver Simplicity for Complex Wealth to its clients, Altoo takes another step in its efforts to shape the digitalization of wealth management and joins the bLink community.
Greater efficiency, security and customer experience
By joining the bLink community, Altoo will deliver an even better customer experience and more efficient and secure operations to its clients. We will streamline the onboarding experience with custodian banks connected to bLink and take advantage of the standardised protocols for transaction data to significantly improve overall efficiency.
Ian Keates, Chief Executive Officer, Altoo AG, says:
“The Altoo Wealth Management Platform is being expanded to bLink. For our clients, this ultimately means an improved experience. With bLink, we can support Altoo clients using industry lead solutions and connect via a standarised, fast data exchange on a secure channel.”
Pioneering open banking in Switzerland
bLink platform creates the basis for innovative partnerships between financial institutions and third-party providers. Platform participants connect with each other efficiently and securely. They also exchange different types of financial data in order to offer their customers innovative solutions in various areas and segments.
Operated by SIX as an open platform, bLink provides the necessary infrastructure, rules, and regulations for the secure exchange of data with a total of 17 financial institutions and software and service providers in Switzerland. With initial clients including KLARNA, Credit Suisse, Neue Aargauer Bank, and UBS, the platform was launched in 2020.
Now Altoo is the latest to join bLink and support the mission to strengthen the Swiss financial sector by promoting open banking and establishing permanent links between financial institutions and solution providers.
