Azqore, Indosuez Wealth Management’s new subsidiary, was formed as CA-PBS in Switzerland – the heart of the private banking sector – in 1992.
Azqore is now the Partner of tomorrow’s Wealth Managers. It delivers its services from three locations (Geneva, Lausanne and Singapore) to 30 clients in 11 countries with a total of CHF 150 billion in assets under management, an increase of 30% in 2017.
The subsidiary was set up following a strategic review carried out in 2016. This review allowed the group to develop a separate positioning and brand, rooted in the company’s strategic objectives: to help wealth managers and private banks enhance their operational efficiency while ensuring compliance with local regulations. This analysis also produced the brand’s slogan: Partners for Tomorrow’s Wealth Managers.
The company’s new name reflects its unique positioning on the market. It evokes its full range of solutions covering all banking businesses from A to Z – AZqore. It also refers to the integrated S2i platform – QORE – which underlies its specific applications and expert services.
Azqore has a strong identity based on five values that are shared by its teams and which form the pillars of the new brand: close relationships, ambition, community spirit, reliability and operational excellence.
S2i as a Service
S2i provides full coverage of all the IT requirements of private banks and wealth managers – front office, asset management, advisory, middle office, back office, financing, compliance and risk management.
It also contributes to the bank’s strategy with the S2i-Business Intelligence module - a bespoke reporting and analysis solution with cross-business functionalities.
Clients can choose between a BPO service provided by Azqore’s back office experts or an SaaS solution.
Banking Operations as a Service
Clients can outsource all their back office processes to Azqore while retaining their existing IT environment. The combined back office expertise of Azqore’s BPO teams, the requirements of the ISO 9001 quality certification and its ISAE 3402-certified operational processes mean that Azqore is a recognised expert in its field.
The Azqore team is recognised for its high level of specialisation in banking IT and the business processes involved in wealth management and private banking.
It has completed more than 50 migrations, on time and on budget.
For each migration, a structured approach is applied to identify each client’s distinctive characteristics and to maintain their existing way of working after their migration to S2i.
There are three stages in the integration process - 1) preparation and analysis of system requirements following a strict, standardised method; 2) implementation with support from dedicated teams; 3) integration and ongoing assistance provided by Azqore’s teams.
Azqore Consulting Services
Azqore provides its clients with expert consulting services to boost their productivity, reduce their operational risk and improve their profitability.
It also draws on its considerable project management experience to offer companies its change management expertise.
To complement its highly-specialised banking IT consultants, Azqore gives its clients privileged access to the resources and expertise of Capgemini, one of the world leaders in technology consulting.
Open your S2i
All the transactions and functions handled by Azqore’s banking platform are API-compatible with front-end APIs that allow the customisation of digital solutions.
Azqore offers its clients e-S2i – one of the world’s best private and retail banking e-banking interfaces – delivering autonomy, performance and security to its 80,000 users.
In addition, the user community benefits from digital developments performed by the Digital Factory at the request of one of its members. For example, the creation of digital relationships and account aggregators are some of the new applications and functionalities available for download from the Apple Store and Google Play.
See our approach to helping clients ensure their legacy lasts through a trilogy of highly-specialised services.
Travel back with us over the 140 years of history that have shaped our tradition of excellence and our international reach.
(Wealth Management business)
At 31/12/14, in billions of euros
(Wealth Management business)
Geographical breakdown in assets under management at 31/12/14
Western Europe: 67.5%
Eastern Europe: 3.5%
Africa & Middle East: 12.1%
Latin America: 9.2%
A responsible company
If we are able to address the issue of Philanthropy with our clients, it is because we too believe that we have moral obligations.
An avid explorer of new horizons, our 31 specialist entities around the world are a safe-haven of know-how and expertise.