How they describe themselves: Avoka leads in customer-centric digital transformation for financial services. Banks, wealth managers, and insurers utilize Avoka to deliver an outstanding digital sales experience and come to market in a small fraction of the time required by traditional projects. For applications like opening a deposit account, applying for a loan, onboarding investments or underwriting insurance, large institutions use the Avoka Transact digital sales platform to acquire customers over digital and traditional channels.
How they describe their product/innovation: Avoka will demonstrate the Avoka Exchange, the first FinTech App store. It allows financial institutions to select FinTech components such as identity verification, document pre-fill or e-signature, and create a combined solution using the Avoka Transact platform. The result is a single customer experience for account opening or onboarding by banks, wealth managers or insurers, that includes best in class FinTech services pre-integrated for rapid delivery of an outstanding digital sales experience.
Product distribution strategy: Direct to Business (B2B), licensed