A former UBS and Credit Suisse banker , is launching a Descartes platform , aka the alliance for Wealth Management . Descartes claims its functionality is richer than that of existing Swiss - based wealth - management platforms , offering algorithmically created asset - 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 collaborate .
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.