Avaloq eyes India as key growth market for WealthTech

By Vriti Gothi

Avaloq has identified India as a priority growth market for its wealth management technology platform, citing the country’s expanding affluent client base, rapid digital adoption, and increasing demand for scalable advisory infrastructure.

The company outlined its outlook during discussions held alongside the Avaloq India Community Connect 2026 in Pune, where industry participants examined how technology is reshaping India’s wealth management landscape.

According to Avaloq, India’s strong economic growth and the rising number of affluent and high-net-worth individuals are accelerating structural changes across the sector. Financial institutions are increasingly modernising advisory models and investing in digital platforms capable of delivering personalised services while maintaining operational efficiency and regulatory compliance.

Technology is expected to play a central role in this transformation. Wealth managers are progressively adopting cloud-based systems to improve scalability, enhance operational agility and enable integration across advisory, trading and reporting functions. Cloud migration is also supporting institutions in responding more quickly to evolving client expectations and regulatory requirements.

Artificial intelligence is emerging as another area of focus. Avaloq highlighted the development of an AI-driven solution created in collaboration with NEC Corporation to automate corporate actions processing, an activity traditionally handled through manual back-office workflows. The technology is designed to reduce operational costs, minimise processing risks and allow operations teams to concentrate on higher-value tasks while retaining human oversight for exceptions.

The firm also indicated that it is continuing to invest in its local presence, including expanding its specialist team in Pune. India is viewed as an increasingly important component of Avaloq’s global growth strategy as financial institutions across the region accelerate the adoption of digital wealth management platforms.

Industry discussions at the conference focused on how technology providers and financial institutions can support the next phase of expansion in India’s wealth management sector, which is expected to be shaped by digital advisory models, cloud infrastructure and AI-enabled operations.