Robo-Advisor enables traders to invest without having to rely on external advice, irrespective of whether they possess the requisite specialist knowledge. Swiss provider of online financial and trading services Swissquote Group Holding SA (SWX:SQN) has been known for its passion for financial technologies. The latest wave of changes has affected Swissquote’s digital wealth management service. Swissquote ePrivate Banking mobile application for iOS-based devices has changed its name. It is now known as Swissquote Robo-Advisor. The company mentioned the upgrade to its robo-advisory platform in the end of July when it reported its results for the first half of 2018. Back then, Swissquote said that the Robo-Advisory platform has been completely overhauled, and that it sports a new, client-friendly design. In the near future, Swissquote promised, cryptocurrencies will be added to the investment universe of Swissquote’s Robo-Advisory as a new asset class, thereby underlining Swissquote’s determination to further expand its position in the Robo-Advisory market. As a leading provider of online financial services, Swissquote offers innovative solutions and analysis tools to meet the wide range of demands and needs of its clients. As well as various online trading services, the user-friendly platform also provides solutions for eForex, Robo-Advisory and flexible saving accounts. Let’s recall that Swissquote launched its Robo-Advisor in 2010, establishing the company as a forerunner in the area of digital wealth management. The electronic wealth management advisor is based on the same algorithm used for managing the Swissquote Quant Fund. With Robo-Advisor, Swissquote is launching a platform geared to clients who are interested in an electronic, easy-access means of private banking. As a user-friendly interface allying finance with technology, it has been designed with a wide range of non-specialist investors in mind. Robo-Advisor enables its users to invest without having to rely on external advice, irrespective of whether you possess the requisite specialist knowledge. All one has to do is choose the investments, and the platform’s electronic asset management capability will help to optimise one’s portfolio – leaving the users to manage their assets in an independent manner. Even if users do not yet have an Robo-Advisor account they can already test this new app. Simply click on the menu item “Sample Preview” to see a demo. Swissquote claims that its Robo-Advisor requires a smaller initial investment than traditional asset management services and that it is much more cost-effective. It is also fully transparent and gives its users complete control over their investments.
The mobile app Banking app has been rebranded as r Robo - mobile following an overhaul of the app earlier this year . The new , client - friendly app is part of a drive by developers to expand its footprint in the robo market that will see it add cryptocurrencies in the coming weeks .