Valley National Bank Forms Strategic Partnership with FusionIQ

Written by: Wealth Solutions Report

Alliance will put digital wealth management capabilities in hands of bank’s customers.

Valley National Bank, a regional bank with nearly $62 billion in assets, has formed a strategic alliance with FusionIQ, a developer of cloud-based wealth management solutions, to provide an enhanced wealth management experience for bank customers on internet and mobile devices.

In making FusionIQ’s Digital Advice platform available to its customers, New Jersey-based Valley National Bank is leveraging their digital platform, which integrates with Valley’s existing systems and infrastructure, and provides access to an array of investment options and workflows.

The Valley/FusionIQ collaboration is expected to enhance scalability, catering to Valley’s expanding mass affluent customer base and optimizing the utilization of its current resources. Leveraging cloud technology eliminates the need for costly on-premises infrastructure, offering flexibility, scalability and cybersecurity protections.

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