Wealthtech, a segment of fintech referring to digital solutions transforming the investment and asset management, is thriving in Switzerland.
With 75 companies, wealthtech is currently the second most crowded fintech segment in Switzerland, after cryptocurrency and blockchain with 105 companies, according to Swisscom’s latest Swiss Fintech Startup Map.
Swiss banks have been at the forefront of digitalization of wealth management, but in recent years, several startups have emerged to offer digital wealth management solutions, serving either commercial or retail clients, or in several cases both.
The following 11 companies are some of Switzerland’s most notable wealthtechs:
AAAccell
AAAccell, a spin-off company of the University of Zurich, specializes in risk and asset management. AAAccell’s quantitative finance and artificial intelligence (AI) and machine learning solutions are based on the latest research from several international elite universities professors as well as leaders from the industry.
The company serves financial institutions, banks, insurances, and asset managers like UBS, Zurich and Rothschild, and has won several accolades and awards. Among other titles, AAAccell was named one of the top 10 AI Google companies, a top 5 European and Swiss Fintech and a global top 100 Regtech.
Additiv
Founded in 1998, Additiv develops and implements digital solutions and business models for financial services providers. It offers digital solutions based on its Digital Finance Suite (DFS), a software platform for the creation and operation of digital offerings, including services and products with various business models for different customer segments and target groups.
The company provides its solutions in the areas of wealth, banking products, lending, credit cards, insurance, mortgage, savings accounts, and more, serving banks, asset managers, credit institutions, and insurance companies around the world.
Additiv has offices in Switzerland and Singapore and development centers in Romania, Ukraine and Vietnam.
AlgoTrader
AlgoTrader provides a fully-integrated algorithmic trading software solution for quantitative hedge funds. The solution allows for the automation of complex, quantitative trading strategies in equity, forex and derivative markets. AlgoTrader is the very first and only algorithmic trading software product to allow automated trading of bitcoin and other cryptocurrencies, serving companies including Bitcoin Suisse and Sygnum.
The company is headquartered in Zurich with additional offices in 4 different countries including New York and Singapore. It is considered to be one of Switzerland’s leading global players in the crypto assets community.
Bitcoin Suisse
Founded in August 2013, Bitcoin Suisse is a pioneer in crypto-financial services.
Bitcoin Suisse provides private and institutional clients with a wide-range of crypto-related services such as Brokerage (high volume trading), Hyper-Secure storage of crypto-assets, bespoke ICO-Services and other crypto-financial services.
Clevercircles
Clevercircles is a robo-advisor launched by Bank CIC that promises more possibilities for investors and which brings a social aspect into online wealth management.
In addition to providing an affordable and simple digital solution for asset management, Clevercircles allows investors to tactically adjust their portfolio on a regular basis and provides them with the option of joining forces with other participating individuals, groups and even professionals in “circles” to compare their market expectations.
Clevercircles was developed in partnership with Swiss IT services provider ti&m.
Crypto Finance
Crypto Finance is a fintech holding company founded in June 2017. The group provides blockchain-related services through its three subsidiaries: Crypto Fund AG, the first regulated asset manager for crypto assets authorized by FINMA under the Swiss Collective Investment Schemes Act; Crypto Broker AG, active in crypto asset trading; and Crypto Storage AG, providing crypto asset storage infrastructure solutions.
Crypto Finance has offices in Zurich, and is based in Zug.
Descartes Finance
Descartes Finance is a leading Swiss digital wealth manager, serving individuals, family offices, charitable organizations, banks, and asset managers.
Descartes Finance provides a digital investment platform that uses client information to generate a personal investor profile and offer an investment proposal matching their needs. The portfolio proposal is based on many individual factors, including risk tolerance, expected investment horizon and financial situation.
NVISO
NVISO is an artificial intelligence (AI) company providing solutions that detect and predict human behaviors using visual intelligence. NVISO’s products and services consist of applications, software development kits (SDKs), and data services.
These are used by customers to measure and increase productivity, and to accurately perform specific business functions, such as the automation of customer-facing operations.
NVISO focuses on several key industries including finance, automotive, healthcare and media.
Simplewealth
Simplewealth is an automated investment management company from Zurich. The company aims to make investment easy with secure online banking services and tailored plans.
Based on a customer’s background and risk profile, the platform creates a personalized investment platform. Simplewealth invests clients’ money in ETF tracking indices and periodically rebalances customers’ portfolio when necessary.
Simplewealth charges an annual advisory fee 0.5% of a customer’s total investment.
Selma Finance
Selma Finance is a new kind of “we’ll-do-it-for-you” online investment service. Selma Finance acts as a personal investment assistant who looks into all aspects of a client’s life and puts together an individual investment plan that fits their goals and future.
Based on customers’ financial life, Selma creates and updates their unique investment mix. The platform also trades and rebalances customers’ portfolios when needed.
Selma Finance is regulated as an independent financial advisor in Switzerland. The company charges a fee of 0.72% per year.
Viac
Viac offers the first-ever 100% digital solution for retirement planning via a mobile app in Switzerland. The Viac 3a solution can be opened in less than eight minutes and users can start with just one Swiss franc.
Money invested via Viac is stored in the WIR bank and customers get full protection of up to 100,000 CHF. Viac offers three sets of strategies: Global, which invests in the entire world; Switzerland, which focuses on Swiss stocks; and Global Sustainable, which invests globally but omits investments in gold, as well as companies in the fields of alcohol, gambling, tobacco, pornography, nuclear energy and weapons.
