Ignition Advice chief executive, Manish Prasad, said strong distribution partnerships would allow the firm to quickly scale its enterprise client base through the deal.
“Ignition’s accelerated growth comes from a focus on strategic partnerships. With our platform complete and validated, strong distribution partnerships will allow us to quickly scale our enterprise client base,” Mr Prasad said.
“We are delighted to partner with Avaloq to bring our solutions to their global network of clients.”
The Avaloq banking suite provides core banking software solutions to more than 150 of the world’s financial institutions, and their third-party marketplace Avaloq.one Ecosystem connects approximately 150 financial institutions with more than 120 innovative fintech solutions globally, allowing collaboration and rapid integration.
“The Avaloq credo of complex problems, simple solutions and delivering live customer benefits in months not years is a perfect fit for Ignition,” Ignition Advice chief operating officer Terry Donohoe added.
“Our proven bank-grade solutions are ready to implement, allowing clients to provide better service to their customers with go live in as little as 90 days.”
The news follows another recent ecosystem partnership for Ignition with software group Envizage, which will allow further partnerships in digital engagement, goals optimisation, personal financial advice and investment, insurance and retirement product fulfilment to the global market.
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