CMB Monaco is accelerating its digital transformation with Avaloq and BlackRock Aladdin

Monegasque private bank CMB Monaco is taking a decisive step in its digital transformation. By becoming the first European bank to deploy the integrated Avaloq and BlackRock platform (via its Aladdin Wealth system), the institution confirms its ambition to establish itself as a leading player in next-generation private banking.

An end-to-end technological transformation

With this migration, CMB Monaco is modernising its entire value chain, from front office to back office.

The new platform makes it possible to unify:

portfolio management
advisory tools
operational processes
digital channels (web and mobile)

This full integration marks a break from traditional, fragmented systems. It streamlines workflows and significantly improves internal productivity.

An enhanced, highly personalised client experience

One of the main goals of this transformation is to improve the client experience, particularly for a demanding international clientele.

Thanks to this new infrastructure, clients now benefit from:

personalised dashboards
advanced portfolio visualisation
configurable real-time alerts
a smooth and secure digital experience

Private bankers, for their part, are able to offer more precise investment recommendations, based on advanced analytics and personalised scenarios.

The key contribution of artificial intelligence

Among the major innovations, the platform incorporates advanced artificial intelligence features.

CMB Monaco is notably becoming the first bank in Europe to deploy the "Auto Commentary" feature, capable of turning complex financial analyses into clear, actionable summaries for clients.

This technology makes it possible to:

improve the quality of advice
strengthen client communication
gain efficiency in portfolio management

A more agile and secure cloud infrastructure

The choice of a SaaS (cloud) solution is another pillar of this modernisation.

This architecture offers several advantages:

flexibility and scalability
easier integration of third-party services
rapid deployment of new features
strengthened cybersecurity

It also enables the bank to respond more effectively to growing regulatory requirements.

A lever for international growth

Beyond the technological aspect, this transformation is part of a broader development strategy.

CMB Monaco aims to strengthen its position in the international wealth management market, drawing on:

a high-end digital offering
enhanced personalisation capabilities
improved management of multi-asset portfolios

This modernisation is aimed at appealing to a new generation of investors, who are more connected and more demanding when it comes to transparency and performance.