Aquila, a Swiss bank focused on independent asset managers and family offices, announced it will implement the client‑lifecycle‑management (CLM) platform from Geneva‑based software firm Wecan. The move follows a tender process and aims to automate compliance functions across the bank’s entire client base.
The platform is intended to cover initial onboarding, periodic reviews and any changes to client relationships for both the affiliated asset managers and their end‑clients. Implementation has already begun, the two firms said on Tuesday.
A key element of the solution is that the artificial‑intelligence component runs inside Aquila’s own Swiss data environment. No calls are made to external public APIs and client data are not reused for other purposes, according to the announcement.
Wecan’s system uses a deterministic approach, meaning identical input data produce reproducible outcomes. Decision pathways are designed to be transparent and auditable, addressing regulatory expectations for banks.
Unlike many proof‑of‑concept KYC pilots, Aquila plans to move the technology directly into production. The bank intends to manage onboarding and periodic reviews for the full chain from independent asset manager to end‑client on a single platform, creating uniform controls and an end‑to‑end audit trail.
Martin Rubi, head of Aquila Bank, said the model relies on proximity and trust with partner asset managers and their clients. He added that the tender’s decisive factor was the ability to industrialise the entire client‑onboarding chain while retaining full data control and process transparency.
Aquila frames the rollout as part of a broader transformation to increase scalability and growth speed without compromising service quality for clients and partners.
