Quirin private bank has been using the digital wealth platform from the Swiss wealth and insurtech company 3rd-eyes analytics for its client advisory services since June 2024.
With the help of 3rd-eyes, the financial goals and wishes of Quirin private bank’s clients can not only be calculated, but above all visualised and optimised.
‘3rd-eyes convinced us because their software can depict exactly what we want to experience with our clients during the advisory process. We provide a visual answer to the question: Can I achieve my personal financial goals and wishes? This has impressed us and has been very well received by our customers,’
comments Karl Matthäus Schmidt, CEO of Quirin private bank, on the collaboration.
‘The interactive planning solution – implemented by us as the Q-Navigator – ensures that customers can simultaneously view the development of their assets in different constellations. This motivates them to scrutinise their own goals and wishes and actively shape their own financial journey.’
Wealth development is calculated by 3rd-eyes using a modern asset liability management (ALM) methodology that considers all assets, liabilities, cash flows, goals and market conditions. With the 3rd-eyes software, the individual wealth development of each client can be calculated for the first time in 1,000 realistic capital market and inflation scenarios. In addition, the achievability of personal goals is simulated and optimised.
Due to the pleasing success of the project and the high level of acceptance of the 3rd-eyes software, Quirin Privatbank also acquired a financial stake in the Swiss wealth tech company, which is headquartered in Zurich. In addition, Karl Matthäus Schmidt, CEO of Quirin private bank, and Stefan Schulz, CFO of the Quirin subsidiary ‘quirion’ and member of the extended management of Quirin private bank, joined the board of directors of the Swiss company.
