Avaloq, the wealth technology firm that is part of NEC Corporation, has entered the US market with Avaloq Mosaic, a modular platform that lets wealth managers add capabilities without replacing existing systems. The launch was announced on 10 November 2026.
Mosaic connects investment data and portfolio processes across a firm's current systems. It debuts in the US with two capabilities. Portfolio IQ gives a real-time view of holdings, transactions and portfolio information across accounts, custodians and other sources. Allocator turns investment strategies into portfolios across large client books, covering construction, personalisation and ongoing management. Agent Connect, also part of the offering, gives a firm's AI tools governed access to verified investment data. Tax, Asset Servicing and Lending modules are planned. Avaloq describes the architecture as composable, cloud-native and API-first.
The initial focus is larger wealth managers, private banks and advisory firms with complicated technology estates built up through growth and acquisitions. Avaloq has set up a US leadership team including Suzzanna Gill as president of Avaloq U.S. and Joel Lewis as managing director for the US region. The company supports more than 170 financial institutions worldwide and reinvests 20% of its software revenue in research and development.
Group CEO Martin Greweldinger said: "The U.S. is the world's largest and one of the most sophisticated wealth markets, with distinct demands on the technology supporting advisors and clients." He said Avaloq is bringing more than four decades of experience to firms that want to modernise without replacing the systems they already rely on.
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