Monaco-based private bank CMB Monaco has become the first European bank to go live on the fully integrated Avaloq and BlackRock Aladdin Wealth™ technology platform — a milestone that transforms the bank's entire value chain across front, middle, and back office.
The joint SaaS solution gives CMB Monaco's relationship and investment managers a unified environment for portfolio management, risk analytics, scenario analysis, and tailored investment proposals — enabling greater personalization at scale while boosting productivity and regulatory compliance.
What the Platform Delivers:
End-to-end workflows across core banking, digital banking, and portfolio management
Institutional-grade Aladdin Wealth risk analytics across all asset classes
AI-led back-office automation for corporate actions via Avaloq Banking Operations
Gen AI-powered "Auto Commentary" — the first European deployment — turning complex portfolio data into concise, client-ready narratives
Intuitive web and mobile banking with tailored dashboards, portfolio visualization, and conversational banking
Advanced cybersecurity with secure-by-design architecture and ongoing updates
Francesco Grosoli, CEO at CMB Monaco, said: "By adopting their integrated platform, we are increasing productivity across our operations and modernizing our systems to deliver an outstanding digital experience — especially for a new generation of investors."
Martin Greweldinger, Group CEO at Avaloq, added: "CMB Monaco's successful go-live showcases the strength of our joint offering — a smooth and seamless launch that transforms the client experience."
Zachary Lerner, Head of International Aladdin Wealth Tech at BlackRock, noted: "Achieving customization at scale requires a unified technology foundation — one that combines smarter analytics, seamless connectivity, and integrated workflows."
For private banks navigating rising client expectations and regulatory complexity, CMB Monaco's go-live sets a compelling benchmark for what a fully integrated, AI-enhanced wealth platform can deliver.