Zug based digital asset manager Descartes Finance has joined hands with Bank BSU in Uster near Zurich to offer its asset management services through a banking platform.
The partnership will let both bank's clients and relationship managers access Descartes platform.
The platform will take over the entire value chain and integrate into the core banking system of the BSU. Services include customer onboarding, customer risk profiling, managing the various model portfolios of various asset managers (iShares, Lakefield Partners, UBS, OLZ, Vontobel, DWS, Swiss Rock and Julius Baer), digital implementation of portfolios, order generation and risk management.
"Our digital investment advisor is cost effective, transparent and easy to use. Bank BSU no longer has to worry about anything and can fully focus on customer needs, "said Adriano B. Lucatelli, founder of Descartes Finance.
The customer can also choose the hybrid model with personal advice.