Mosaic launches in the US with two capabilities. Portfolio IQ brings holdings, transactions and portfolio information from multiple accounts, custodians and other sources into a real-time view. Allocator translates investment strategies into portfolios across large client books, supporting construction, personalisation and ongoing management.
The broader suite also includes Agent Connect, which gives firms’ AI tools governed access to verified investment data. Avaloq plans to add Tax, for tax-aware investment management; Asset Servicing, for position keeping and securities-event administration; and Lending, for margin and securities-backed lending decisions. The platform is cloud-native and API-first.
Avaloq says Mosaic is aimed at a common challenge for US firms: technology stacks built up over years of growth and acquisitions can make it harder to personalise portfolios at scale, respond quickly to market moves and adopt AI-enabled operating models. “The opportunity for firms is to connect investment data with processes they already have, so they can modernise where it creates the greatest business impact,” said Suzzanna Gill, president of Avaloq US.
Gill leads a new US team that includes Joel Lewis, managing director for the US region. Lewis’s background spans self-directed brokerage, scaled advisory and full-service wealth management.
Zurich-based Avaloq is part of Japan’s NEC Corporation, which acquired it in 2020. The firm supports more than 170 financial institutions worldwide and reinvests 20 per cent of its software revenue in research and development. It enters a market where wealth managers already have established platform providers, including Envestnet, Orion Advisor Solutions and SS&C Technologies; Addepar is prominent in data aggregation.
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