Avaloq acquires Derivative Partners

Acquisition of Zurich-based service specialist for structured products enables Avaloq to offer clients independent valuation and trading of highly complex financial instruments

Avaloq, a cloud platform and service provider for banks, wealth managers and investment firms, has signed an agreement to acquire 100% of Zurich-based Derivative Partners AG, an independent information and data provider for structured products and derivatives in Switzerland.

Derivative Partners has been providing market information, tools, research and calculations for complex financial products for clients in Switzerland and Europe for over 15 years. It will continue to operate as an autonomous entity for the foreseeable future, with all staff retained. Detailed financial terms have not been disclosed.

Established in 2000 and led by CEO Daniel Manser and COO Patrick Walther, Derivative Partners provides solutions for structured products to more than 40 market participants including issuers, private banks, asset managers and exchanges with valuations of option-linked securities and complex financial products. In addition, the firm calculates regulatory figures and portfolio management ratios as well as third-party valuation models and provides quantitative support for investment banking and trading divisions.

With Derivative Partners’ powerful analytical services, Avaloq will be able to offer both established and new clients the independent valuation, trading and management of highly complex financial instruments at a time when their use by banks and wealth managers is becoming increasingly more relevant.

Juerg Hunziker, Avaloq’s Group CEO, says, “Optimized and quality-assured data is used for clean, straight-through processing, improved services and more precise insights, and we know that superior data models are absolutely critical for the future of the global financial services industry. The integration of Derivative Partners’ functionalities is a compelling and differentiating advantage for our Avaloq ecosystem and we will now build on this ability to handle the most complex financial instruments for the benefit of our clients and all our stakeholders.”

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