Falcon Private Bank Ltd. entered into a strategic partnership with Move Digital, a Swiss provider of digital asset management and investment advisory systems.
The partnership, which includes a minority equity investment by Falcon into Move Digital, will give the bank access to Move Digital's digital advisory platform, helping relationship managers provide clients with personalized advice. The two firms will also develop Move Digital's offering in portfolio and trading solutions, which is planned to be rolled out in the first quarter of 2018.
Schellenberg Wittmer Ltd. acted as legal advisor to Falcon in respect of the agreement, while Avaloq is set to perform the digital integration.
Move Digital is a registered name of Move Wealth Management AG, a Swiss firm providing automated intelligent sourcing systems and automated asset management and investment advisory services.
Falcon Private Bank partners with digital system provider
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Falcon Private Bank partners with digital system provider
- Author Richard Benjamin Chua
- Theme Banking
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- Richard Benjamin Chua
- Theme
- Banking