As part of its continuous efforts to provide an advanced and innovative experience for its clients, Gulf Capital Investment Company “Invest GB” - the investment arm wholly owned by Gulf Bank - has entered a strategic partnership with Avaloq, a globally recognized leader in private banking, wealth management and investment technology services.

This partnership represents a significant step in enhancing InvestGB’s capabilities in digital wealth and investment management, providing a simplified and advanced experience for clients. 
Through this partnership, InvestGB will implement the advanced Avaloq cloud platform, which will radically transform the company’s core wealth management systems.

This platform integrates all InvestGB’s systems and data into a unified infrastructure, enabling better service for its clients and Gulf Bank’s clients, enabling them to benefit from a range of benefits, including intuitive visualization of investment portfolios, increased transparency around advanced self-service features for fees, and the latest authentication standards, making investing easier and more secure.

The Avaloq platform enables InvestGB to develop all operations through dedicated modules for investment advisory, fund management, and portfolio management, which will enhance operational efficiency.

Digital Transformation
“Our strategic partnership with Avaloq is fully aligned with our unwavering commitment to innovation and delivering long-term value to our clients,” said Hani Al-Awadhi, CEO of InvestGB.

Wealth Management
Akash Anand, Regional Director and Head of Middle East and Africa at Avaloq, said: “We are delighted to partner with InvestGB as our first client in Kuwait, to benefit from Avaloq’s experience and commitment to delivering exceptional value in the wealth management industry. We look forward to supporting InvestGB in transforming the investment and wealth management sector in the region.”