Zurich based Investment Navigator is joining Accenture’s FinTech Innovation Lab London. The startup will use the opportunity to improve its technology-driven solutions, which enable financial institutions to find eligible investments for their clients worldwide.
Investment Navigator uses advanced technology to provide financial institutions, private banks, asset managers and financial advisors with a simple and efficient technology-driven platform to conduct suitability assessments. Using artificial intelligence algorithms, the platform generates suitability information for investment products such as regulatory, tax and product-specific data and rules, which support the advisory and distribution process.
To-date, the startup focuses on the European and Asian investment fund markets. Alongside its headquarters in Zurich, the startup has a division in Singapore and a subsidiary in Hong Kong.
Recently, Investment Navigator was selected out of 280 applicants to join the Fintech Innovation Lab London. During the three months accelerator program, the startup will partner with banks to develop technologies and business models. The participants will also attend weekly workshops, mentoring sessions, industry insights culminating in a demo-day showcasing their technology to financial service executives, investors and journalists.
Thrilled about the opportunity, a correspondent from Investment Navigator commented: “Mentored by world-class financial services executives and introduce our suitability service to financial institutions in the UK. We will take great care that our client base will benefit directly from our experiences in the programme.”
“Being selected out of more than 280 applicants, it is another strong external confirmation that suitability is a pain point for financial institutions that matters.”
(Press release/RAN)
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