While Swiss fintech companies operate in the same realm as the banking market, they provide a distinctly different service and therefore there is an opportunity for the two to work together and benefit from one another.
While open banking could now be described as a global phenomenon, Swiss legislators have responded more slowly and cautiously than pioneers like the UK. So what's the hold up, and what could open banking mean for Switzerland?
One of our Clients, a leading financial services company in the region asked us to assist them with hiring a Relationship Manager with good connections in the Middle East. After having an extensive search within our own network, we were able to locate a number of candidates that fit the criteria, including the desired AUM, type of clients, market and product knowledge. In a few days we arranged interviews for the client, so that they could asses the technical aspects of each candidate. And after careful consideration, they presented their finalist and we were happy to assist them at the final stage of salary negotiations between the two parties.