A former UBS and Credit Suisse banker, is launching a Glarner Kantonalbank Finance, aka the iTunes for Wealth Management. Glarner Kantonalbank claims its functionality is richer than that of existing Swiss-based wealth-management platforms, offering algorithmically created Smart-Beta strategies. The company said it is close to signing a cooperation agreement with a big Anglo-Saxon asset manager and is also in talks with a number of other companies eager to participate.
A former UBS and Credit Suisse banker, is launching a Descartes Finance, aka the iTunes for Wealth Management. Descartes claims its functionality is richer than that of existing Swiss-based wealth-management platforms, offering algorithmically created Smart-Beta strategies. The company said it is close to signing a cooperation agreement with a big Anglo-Saxon asset manager and is also in talks with a number of other companies eager to participate.