J.P. Morgan‘s private bank is investing in two Swiss fintech companies. The goal is to personalize investment advice for private clients further. The private bank of the central US bank J.P. Morgan is investing in two Swiss fintech companies. The investment will be made through an affiliate of J.P. Morgan Private Bank.
The two fintech companies, Edge Laboratories and Evooq, are providers of wealth management software services focused on risk analysis, J.P. Morgan‘s private bank is investing in two Swiss fintech companies. The goal is to personalize investment advice for private clients further. The private bank of the central US bank J.P. Morgan is investing in two Swiss fintech companies. The investment will be made through an affiliate of J.P. Morgan Private Bank.
The investment is part of an existing engagement between the U.S. private bank and the Swiss fintech firms, with the goal of “providing client advisors with digital tools to deliver customized portfolios and personalized planning” to ultra-high-net-worth clients in Europe, the Middle East, Latin America and Asia.
“Edgelab and Evooq’s multi-asset class risk engine provides our advisors with access to powerful risk analytics and the highest level of personalized portfolio customization to help clients best navigate the markets and make portfolio decisions that support their investment objectives and broader life goals,” Adam Tejpaul, head of investments and engagements at J.P. Morgan Private Bank, is quoted as saying.
