1. Investment Management Platform on Azure Integrates Clients’ Wealth on One Dashboard
”Azure gives WealthArc a unique competitive edge in developing sophisticated APIs for Swiss private banks. It solves cybersecurity and data format challenges and helps us scale our next-generation investment management platform.” – Chris Gogol, Founder and CEO, WealthArc
SITUATION
Swiss independent advisors offer wealth management services to HNW and UHNW clients and their family offices across Europe. Their clients often have custody accounts at various private banks and use multiple booking centers (e.g., Switzerland, Singapore, Luxembourg). Thus, consolidated wealth aggregation is a complex, time-consuming task. In the highly regulated financial sector, clients expect platforms that comply with current regulations.
MICROSOFT AZURE PARTNER:
WealthArc
WEB SITE:
LOCATION: Zurich, Switzerland
ORG SIZE: 18 employees
MICROSOFT AZURE PARTNER PROFILE:
WealthArc is a next-generation investment management platform, leveraging the latest technologies in Big Data and AI for private banks and investment advisors. WealthArc empowers investors and advisors to navigate the complex world of investment management while maintaining the highest levels of security
SOLUTION
WealthArc built its solution on Microsoft Azure, giving HNW clients access to a white-labeled portal that displays their entire wealth consolidated every day, including bankable assets from custodian banks, non-financial assets, and strategic investments. WealthArc uses the Azure PaaS model to scale with demand and run a complex data ingestion pipeline, integrating Azure App Service for computation and user apps, Azure Storage and Service Bus, and Azure Application Insights for monitoring.
BENEFITS
Microsoft Azure enables WealthArc to scale rapidly and develop highly available, lean solutions that can be easily deployed for new clients.
Azure helps to promote hybrid solutions and runs data analysis on Microsoft-managed datacenters while keeping client data on-premises.