Schwyzer Kantonalbank has selected Allfunds as its B2B fund platform partner, becoming its provider to access third party mutual funds.
The Bank has signed an agreement with Allfunds for the use of services in the area of fund selection and the automated processing of the third-party fund business.
Schwyzer Kantonalbank’s investment solutions in advisory and discretionary wealth management are now supported by the services provided by Allfunds Bank.
Schwyzer Kantonalbank says by selecting Allfunds as a fund platform provider, its gains access to a very broad universe of investment funds, relying on Allfunds as a provider that delivers both the efficiency of a fully automated fund trading platform and the expertise of one of Europe’s largest fund research teams.
Allfunds meanwhile, says the cooperation with the Schwyzer Kantonalbank represents a great opportunity to partner with a leading regionally anchored bank, and provides the opportunity to further expand its position in the Swiss market. Allfunds has a local branch in Zurich.
Stig Harby, Regional Manager Central and Northern Europe at Allfunds, says: “The Swiss market is very important to Allfunds and I am very proud to announce the partnership with Schwyzer Kantonalbank. We have a comprehensive and highly specialized offering that helps banks in Switzerland to implement their investment strategies.”
Nicole A Reinhard, member of the executive board of Schwyzer Kantonalbank, says: “We are very satisfied with the comprehensive range as well as the flexible and tailor-made services of Allfunds in fund research.”
Juan Alcaraz (pictured), CEO Allfunds Bank, says: “I am very pleased to be working with Schwyzer Kantonalbank, a key and strategic partner for our Swiss business ambitions which are strong and robust.”